
Kusama (KSM)
Rank: 231
18
KSM Price
17685190
24H Volume
25,76 %
24H Volume Change
274111531
Market Cap
0
Econexus Value
0
Econexus Value
Description
**Kusama: Polkadot's Canary Network**
Kusama, the "canary network" for its sister blockchain Polkadot, is a highly performant and scalable platform optimized for experimentation and real-world testing.
**Strengths:**
* **Fast Transactions:** Kusama boasts impressive transaction speeds of up to 1,000 TPS, enabling near-instantaneous transactions.
* **Low Fees:** Transaction fees are exceptionally low, making it accessible for developers and users alike.
* **Interoperability:** As part of the Polkadot ecosystem, Kusama seamlessly connects with other blockchains, fostering cross-chain collaboration.
* **Quick Deployments:** The platform's Substrate framework allows developers to rapidly deploy custom parachains, providing flexibility and innovation.
**Disadvantages:**
* **Centralization Concerns:** Kusama's governance model involves a small group of elected validators, raising concerns about potential centralization.
* **Technical Challenges:** Being a test network, Kusama is susceptible to technical issues and potential downtime during upgrades.
* **Less Proven Ecosystem:** Compared to Polkadot, Kusama's ecosystem is still nascent and may lack the maturity of established platforms.
Overall, Kusama offers a unique blend of high performance, low fees, and interoperability. Its strengths make it an ideal platform for testing innovative blockchain applications, while its drawbacks should be considered when evaluating use cases. As it continues to evolve, Kusama's role as a proving ground for future advancements remains crucial within the Polkadot ecosystem.
Vesting
Total Distribution Progress
Allocation
Total Supply: SOL 594.08MName | Total | Unlocked | Locked |
---|---|---|---|
Community | 34.9% | 32.7% | - |
Seed | 14.3% | 13.5% | - |
Team | 11.5% | 10.8% | - |
Founding Round | 11.3% | 10.6% | - |
Inflation | 10.3% | - | - |
Foundation | 10.1% | 9.43% | - |
Vesting Schedule
Round | TGE Unlock | Schedule | Amount | Status |
---|---|---|---|---|
Community | 0% | Linear Unlock, 9 months | SOL 194.45M (34.9%) | Completed |
Seed | 0% | Cliff 9 months, then Batch 1 | SOL 79.92M (14.3%) | Completed |
Team | 0% | Linear Unlock, 2 years | SOL 63.95M (11.5%) | In Progress |
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