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What is Kusama all about
Kusama is the testing and pre-production environment for Polkadot. Developers who wish to develop their projects on Polkadot first test their early versions of their apps and businesses on Kusama. Kusama provides a realistic and live environment to these projects. Adding to this, for any major upgrades and code changes to come on Polkadot’s public blockchain, they are first released and tested on Kusama.
Kusama (KSM) is the native cryptocurrency of Kusama running on their own blockchain. Kusama’s blockchain is a sister chain to Polkadot and mimics Polkadot to a very large extent. KSM token is used to maintain all the activities on Kusama like staking, bonding, governance, and transactions. Kusama has a total supply of 10 million KSM out of which 8.9 million (as of May 2021) have already been minted.
Like Polkadot, Kusama also has Relay Chains where validators stake their KSMs and coordinate the entire ecosystem. Kusama also has Parachains, the separate layer-1 blockchains that can be easily customised by the projects which are using them.
Kusama is also founded by Polkadot creators Gavin Wood, Peter Czaban, and Robert Habermeier in 2016. The token sale of Kusama was organized by Web3 foundation in December 2019.
The testnet environment for Polkadot on Kusama is called Canary. Contrary to other open-source blockchain which provide only a testnet environment, Kusama provides testnet as well as a marketplace.
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KSM Questions & Answers
What is the Kusama price today?
Price of Kusama right now is at 167.82 EUR.
What was the price of Kusama at its highest?
We saw the highest spike in the price of Kusama on 2021-05-18, at 511.09 EUR.
How much will Kusama cost in 30 days?
In accordance with our price prediction algorithm we expect, that the value of Kusama is likely going to be between €217.40 and €373.15 one month from now.
What will the price of Kusama be 3 months from now?
Based on our price prediction algorithm we estimate the price of Kusama will reach anywhere between €217.40 and €477.42 3 months from now.
How much will Kusama be worth half year from now?
It is very difficult to predict the future accurately, however based on our price prediction algorithm we estimate Kusama's price is likely going to be between €200.08 and €477.42 in 6 months.
How popular are topics related to Kusama on social media?
0 people took part in an online discussion on Reddit about Kusama in the last 48 hours. The official Kusama Twitter account is currently followed by 222450 people.
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