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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
Unlocked 84.2% Untracked 10.3%
SOL 499.99M - $98.51B SOL 57.23M - $11.28B
Allocation
Total Supply: SOL 594.08M
Name 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