Kusama
KSM
Crypto
Utility
USD 6.79-0.08%
Kusama
UMushroom community rating:
About
Utility
Categoryn/a
Consensus MechanismL1
L1/L2n/a
Sub-cateegoryn/a
Ecosystem2019
Year of creation
Description
Kusama (KSM) is a Utility crypto coin. Kusama`s origin block was generated on 2019-07-16. More information can be found at https://kusama.network/.
Key Technical Advantages:
Scalable Multichain Network: Kusama is a scalable network of specialized blockchains built using Substrate, with nearly the same codebase as Polkadot. This means it provides a high level of interoperability and scalability for blockchain developers. Fast Iteration and Low Economic Barriers: Kusama is designed for developers to move fast and innovate. It allows for quick governance and upgrade processes, enabling rapid progress and growth. Additionally, it offers low economic barriers for launching custom blockchain projects (parachains). Advanced Technology and Open Governance: Kusama employs next-generation, sharded, multichain network technology, giving developers access to the latest features even before they are deployed on Polkadot. Additionally, Kusama operates on open governance, meaning it's owned and governed by a community of network participants who vote on and control the evolution of the network. Interoperability and Customization: Kusama brings together multiple blockchains into one sharded network, eliminating the silos created by legacy blockchain networks. This promotes interoperability. Moreover, with Substrate, developers can build their own app-specific blockchain and connect it to Kusama. KSM Token Utilization: KSM is the native token of the Kusama network. It can be used to validate the network, nominate validators, bond parachains or parathreads, and vote on governance referenda. Content summarized by AI chatbotSource:
https://guide.kusama.network/docs/kusama-getting-started/Key figures
-75.4%1Y
-79.8%3Y
-93.8%5Y
Performance
6/ 61D
8/ 61M
28/ 61Y
Highs/ Lows
13.09.2022
USD 596.16
All Time High
1.14%
% of All Time High
-98.92%All Time
-77.39%1 year
Max drawdown
#248
Ranking by Market Cap
118.39 M
Market cap (USD)
0.00%
% of Market
14,646,123,947,546.875 B
Category Market Cap (USD)
0.00%
% of Category
17663235
Circulating Supply
17663235
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
7337644
Volume Traded
5.31%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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