$26.65 AUD
1.58% ()
Kusama (KSM) is a permissionless, open-source, decentralised blockchain platform created to give developers a platform on which to create and implement decentralised apps and services. Kusama emphasises its focus on governance and community involvement while aiming to be an experimental network for testing novel concepts and technology.
Gavin Wood, the creator of Parity Technologies, introduced Kusama in 2019 as the "wild cousin" of Polkadot. Before launching their blockchain applications on Polkadot, which is supposed to be a more reliable, secure, and scalable network, developers can test them on the experimental network Kusama. Kusama was created to provide a platform for creativity, risk-taking, and experimentation where developers may test out cutting-edge concepts and technologies without worrying about jeopardising the Polkadot network.
Kusama seeks to offer a platform for developers to create and distribute decentralised applications and blockchain-based services that can be used in a variety of industries, including gaming, healthcare, and finance. Developers can build applications that can communicate with other blockchain networks thanks to Kusama's interoperability with Polkadot and other blockchain platforms, offering more capability and flexibility.
Kusama also highlights its emphasis on governance and community involvement, with stakeholders having the ability to vote on numerous choices pertaining to the creation and administration of the network. The governance structure of Kusama seeks to be open, democratic, and decentralised, allowing stakeholders to have a say in how the network will develop in the future.
Trade over 300+ Supported Coins with AUD
Open your account
Verify your identity
Get started in minutes
Newsroom
Stay updated
Supported Coins
Trade 300+ Cryptocurrencies
Get in touch
Contact us