Kusama KSM
About
What Is Kusama (KSM)?
Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.
Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.
Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.
Who Are the Founders of Kusama?
Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum.
Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.
In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help "nurture and steward technologies and applications in the fields of decentralised web software protocols." The Web3 foundation also supports Kusama with research and community development thanks to its growth team.
What Makes Kusama Unique?
Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development.
It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.
This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.
Like Polkadot, Kusama features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on Kusama.
The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.
How Many Kusama (KSM) Coins Are There in Circulation?
As of November 2020, Kusama has a circulating supply of 8.47 million tokens, and a total supply of 10 million tokens. Unlike some other blockchains, this maximum supply is not fixed. Instead, it increases at an inflation rate of 10% per year.
The proportion of KSM that are staked changes how the newly minted KSM tokens (from inflation) are distributed. If exactly half of all KSM are staked, then Kusama validators receive 100% of newly minted tokens, whereas if it is above or below 50%, then some of the inflation rewards will go to the Kusama Treasury.
Kusama initially launched as an airdrop to those that participated in Polkadot (DOT) token sale. These were distributed at a 1:1 rate, while those without DOT were able to obtain KSM by using a frictional faucet — this has since been decommissioned. Unlike Polkadot, Kusama has not undergone redenomination to increase its circulating supply.
How Is the Kusama Network Secured?
Kusama is built using a nominated proof-of-stake (NPoS) consensus mechanism.
This uses a network of nominators (KSM stakers) who elect nodes to participate in the transaction validation process. These nominators receive a fraction of the inflation reward if their nominator is selected on the next rotation. Validators that act dishonestly or don't meet performance requirements can have their stake slashed.
Additionally, Kusama uses a simple queuing mechanism based on Merkle trees to resolve cross-chain transactions. Relay chain validators are responsible for moving transactions from the output queue of one parachain to the input queue of the target parachain — this is a secure, trustless process that uses the same validators on each chain to pass the messages.
Where Can You Buy Kusama (KSM)?
Kusama (KSM) is currently available to trade on dozens of popular exchange platforms, including Binance, OKEx and Huobi Global. The most liquid trade pairs for KSM are currently KSM/USDT, KSM/BTC and KSM/ETH.
To learn more about buying cryptocurrencies with fiat, see our comprehensive guide.
AI Analysis
What is the Kusama (KSM) cryptocurrency good for? What are its main use cases?
Kusama (KSM) is a canary network for Polkadot, serving as a testing ground for new features, governance models, and upgrades before they are implemented on Polkadot. It is designed to be a high-risk, high-reward environment where developers and projects can experiment with cutting-edge blockchain technology.
Main Use Cases of Kusama (KSM)
Testing & Experimentation
- Kusama acts as a live testnet for Polkadot, allowing developers to test new parachains, runtime upgrades, and governance mechanisms before deploying them on Polkadot.
- Projects can deploy parachains on Kusama to experiment with interoperability, scalability, and security before moving to Polkadot.
Governance & On-Chain Democracy
- KSM holders participate in on-chain governance, voting on proposals related to network upgrades, treasury spending, and parachain auctions.
- The governance model is more experimental than Polkadot’s, allowing for faster iteration and risk-taking.
Parachain Development & Auctions
- Projects can lease slots on Kusama via parachain auctions, similar to Polkadot, but with lower barriers to entry.
- Kusama’s parachains often serve as testbeds for Polkadot’s ecosystem.
Staking & Delegation
- KSM holders can stake their tokens to secure the network and earn rewards.
- They can also delegate their stake to validators, supporting the decentralization of the network.
Interoperability & Cross-Chain Communication
- Kusama enables cross-chain communication between parachains, allowing for seamless asset transfers and smart contract interactions.
- It serves as a proof-of-concept for Polkadot’s interoperability vision.
Incentivized Testing & Bug Bounties
- Developers and users can earn rewards by identifying vulnerabilities, testing new features, and contributing to the ecosystem.
- The network encourages community-driven innovation.
Early Adoption & Speculation
- KSM is often seen as a high-risk, high-reward asset due to its experimental nature.
- Early adopters and speculators participate in Kusama’s ecosystem, anticipating future value as projects migrate to Polkadot.
Comparison to Polkadot (DOT)
- Kusama is faster and more flexible but less stable.
- Polkadot is more conservative, focusing on security and stability.
- Many projects start on Kusama before moving to Polkadot.
Conclusion
Kusama is primarily useful for developers, validators, and early adopters who want to experiment with Polkadot’s technology in a high-risk, high-reward environment. It serves as a testing ground for innovation before features are deployed on Polkadot.
Would you like more details on any specific aspect?
What blockchain does Kusama use? Is it its own blockchain or built on top of another?
Kusama is its own independent blockchain, but it is closely related to Polkadot. Here’s how it works:
- Kusama is a "canary network" for Polkadot – It is essentially a testbed for Polkadot, allowing developers to experiment with new features and upgrades before they are implemented on the main Polkadot network.
- Same technology, different governance – Kusama uses the same core technology as Polkadot (Substrate framework) but operates with a more experimental and fast-moving governance model.
- Independent but connected – While Kusama is separate from Polkadot, it shares many of the same components, including parachains, relay chains, and the Nominated Proof-of-Stake (NPoS) consensus mechanism.
So, Kusama is not built on top of another blockchain—it is a standalone network designed to test and innovate alongside Polkadot.
Is Kusama programmable? Does it support smart contracts or decentralized applications?
Yes, Kusama is programmable and supports smart contracts and decentralized applications (dApps). As a canary network for Polkadot, Kusama shares many of the same features, including its Substrate-based architecture, which allows developers to build custom blockchains with smart contract functionality.
Key Features of Kusama for Smart Contracts & dApps:
- Substrate Framework – Kusama is built using Substrate, which enables developers to create custom blockchains with smart contract capabilities.
- Wasm-Based Smart Contracts – Kusama supports WebAssembly (Wasm) smart contracts, similar to Polkadot, allowing for high-performance and secure execution.
- Parachains & Parathreads – Developers can deploy their own parachains (dedicated blockchains) or use parathreads (pay-as-you-go slots) to run smart contracts.
- Interoperability – Kusama allows cross-chain communication via XCMP (Cross-Chain Message Passing), enabling dApps to interact with other parachains.
- On-Chain Governance – Kusama has a fast-moving governance model, allowing for rapid upgrades and experimentation with smart contract features.
- KSM Token – The native token (KSM) is used for staking, governance, and paying transaction fees.
Popular Smart Contract Platforms on Kusama:
- Moonbeam (EVM-compatible parachain)
- Shiden Network (EVM-compatible parachain)
- Kusama’s own runtime (for custom smart contracts)
Comparison with Polkadot:
- Kusama is more experimental (faster upgrades, higher risk).
- Polkadot is more stable (used for production-grade dApps).
Conclusion:
Yes, Kusama is fully programmable and supports smart contracts and dApps, making it a great testing ground for developers before deploying on Polkadot. If you're looking for a high-risk, high-reward environment for innovation, Kusama is an excellent choice.
Would you like recommendations on specific tools or frameworks for developing on Kusama?
How fast are Kusama transactions? What is the typical confirmation time and throughput (transactions per second)?
Kusama, a canary network for Polkadot, shares many of its underlying technologies, including its consensus mechanism (BABE/GRANDPA) and transaction processing model. Here’s a breakdown of its performance characteristics:
Transaction Speed & Confirmation Time
- Block Time: ~6 seconds (similar to Polkadot).
- Finality Time: Typically 12–60 seconds (depending on network conditions and GRANDPA finalization).
- Confirmation Time: Most transactions are considered finalized within 2–3 blocks (~12–18 seconds), but full security is achieved once finalized by GRANDPA.
Throughput (Transactions Per Second - TPS)
- Base Layer (Relay Chain): ~1,000 TPS (theoretical max, but real-world throughput is lower due to network congestion and parachain activity).
- Parachains: Each parachain can process hundreds to thousands of TPS, depending on its runtime (e.g., Moonbeam, Karura, etc.).
- Overall Network: Kusama’s total throughput depends on active parachains and their individual capacities.
Factors Affecting Performance
- Network Congestion: High demand (e.g., during parachain auctions or NFT mints) can slow down transactions.
- Parachain Activity: Some parachains (like Karura or Moonriver) may experience higher latency if they’re processing many transactions.
- Fee Market: Higher fees during congestion can incentivize faster inclusion.
Comparison to Polkadot
- Kusama is faster to finalize than Polkadot due to its canary role (experimental features are tested here first).
- Both networks use NPoS (Nominated Proof-of-Stake), but Kusama has a smaller validator set, which can sometimes lead to slightly faster block times.
Conclusion
- Typical Confirmation Time: 12–60 seconds (finalized).
- Throughput: ~1,000 TPS on the relay chain, with parachains adding significant scalability.
For real-time metrics, check Subscan or Polkadot.js.
How much data can I store on the Kusama blockchain? Does it support on-chain data storage?
The Kusama blockchain, like its sister network Polkadot, is primarily designed for decentralized applications (dApps) and interoperability rather than large-scale data storage. However, it does support on-chain data storage to some extent, depending on the use case and the specific pallet (module) being used.
1. On-Chain Data Storage Limits on Kusama
- Storage is limited by the block size and state size of the network.
- Kusama has a dynamic block size (currently around 1MB per block), but storing large amounts of data can be expensive due to transaction fees and storage costs.
- The state size (total stored data) is also a factor, as nodes must store all on-chain data, which can impact performance.
2. How to Store Data on Kusama
Kusama supports on-chain storage via:
- System-level storage (e.g.,
System::setStoragein Substrate-based chains). - Custom pallets (modules) that allow storing key-value pairs or structured data.
- Smart contracts (e.g., using ink! for WASM-based contracts).
3. Practical Considerations
- Cost: Storing data on-chain is expensive due to transaction fees (paid in KSM).
- Scalability: Large datasets are not ideal for Kusama; consider off-chain storage (IPFS, Arweave) with on-chain references.
- Use Cases: Best for small, critical data (e.g., identity proofs, governance votes, or contract state).
4. Alternatives for Large Data Storage
If you need to store large datasets, consider:
- IPFS + Kusama (store data off-chain, reference it on-chain).
- Arweave (permanent storage with on-chain pointers).
- Substrate-based storage solutions (e.g., Chainlink Oracles for external data).
Conclusion
Kusama supports on-chain data storage, but it’s not optimized for large-scale storage. For most applications, a hybrid approach (on-chain references + off-chain storage) is more efficient.
Would you like help designing a storage solution for a specific use case?
Contact Us About Kusama
Are you a representative of the Kusama project? Send us a message.