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What is Kusama

KUSAMA

¿What is Kusama?

Kusama is known as a canary network or test and alert network for Polkadot and its grand targets, founded in 2019 by Dr. Gavin Wood.

¿What does it offer?

Kusama allows you to do everything that Polkadot allowed you to do, which is great for experimenting with projects in such conditions.

Also, it offers its native currency, KSM, which encourages when betting on it, thanks to this kusama has become a mechanism to generate income passively.

¿How does it work?

This network works in a similar way to polkadot, what’s more, the protocol of this network is an almost authentic copy of the polkadot protocol.

In short, kusama is an uncontrolled, experimental bassist version of Polkadot, but with some changes.

Like the governance and update ecosystem on the network.

Also, an epoch in kusama lasts for 6 hours unlike polkadot which lasts for 1 day.

Likewise, the estimated time of a slot is maintained at 6 seconds in both networks.

¿How is Kusama regulated?

Being a decentralized network, there is no financial institution that regulates it

¿Why do people use Kusama?

People use this network as it has gained a certain popularity in the industry thanks to its vision as an experimental house and its flexibility for developers on the blockchain and the way the app works.

¿How is Kusama different from other projects?

The difference between kusama and other projects is its flexible character by remaining open to a huge diversity of different developers who seek to extend cutting-edge projects executed on the blockchain.

Kusama has become a known home for testing protocols, something many platforms are unwilling to do.

Also, it has support for smart contracts and highly scalable chains, accepting both public and private blockchains, and a wide variety of apps can be built on the network.

Developers can innovate in kusama through oracles, including social networks.

Finally, this network is upgraded without the need for a hard fork.

¿Where can i buy it?

One of the ways where you can buy KSM is through Binance, since it has a great variety tradable in trade, you can exchange a cryptocurrency, fiat cryptocurrencies or simply use a debit or credit card to buy the stablecoin, they are also allowed bank deposits.

https://www.binance.com/

¿Where to find more information?

For more information such as movements, prices, explorers, contracts and more, you can visit the following link:https://coinmarketcap.com/

¿Did you know that you can buy and sell USDT and BUSD online thanks to Gastcoin Gateway?

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