Kusama
Name
Kusama
Summary
Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers,It is also called as “Polkadot’s wild cousin”
-It was founded by Dr Gavin Wood along with the Web3 Foundation’s team
-Kusuma uses the nominated Proof of Stake (PoS) consensus Mechanism
Rating
Symbol
KSM
Overview
Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot’s mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals.
Historical Price Movement (in INR)
Technology
The Kusama Network is the unaudited canary network of Polkadot and is, therefore,technologically identical to the Polkadot Network. Kusama intends to use a sharded model where parachains in the network have unique state transition functions. Based on Kusama’s design, as long as a chain's logic can compile to WebAssembly (Wasm), then it can connect to the Kusama as a parachain.
Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies.
Like Polkadot, Kusama has a Relay-chain acting as the main chain of the system. Parachain proposes new blocks of transactions to relay-chain validators, where the blocks undergo availability and validity checks before being finalized.
Kusama is built using a nominated proof-of-stake (NPoS) consensus mechanism
Use of Native tokens in the ecosystem: KSM is used for staking and earning rewards.
Token Allocation
NA
Volume (1st May 2022)
$101,344,092
Total Supply
9,651,217 KSM
Circulating supply
8,470,098.06 KSM
Crowd Sales
NA
Funding
NA
Country
Switzerland
Name of Organization
The Web3 Foundation
Year Incorporated
2017
Registered Address
Zug, Zug 6300, CH
Dispute Resolution and Governing Law
Switzerland
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Dr. Gavin Wood | Founder | University of YorkDoctor of Philosophy (PhD), Music Visualization for Human Computer InterfacingUniversity of YorkMaster of Engineering (MEng), Computer Systems/Software Engineering | 25Yrs |
| Kasper M Jorgenson | CFO | - | 19.5Yrs |
Whitepaper 
