Search result of KSM

Kusama coin (KSM) is the native token of the Kusama Network with on-chain governance capabilities for users. KSM offers a wide range of use cases such as staking, governance, and parachain auction.

A parachain auction, as it is also known, involves two types of crypto coins: Polkadot (DOT) and Kusama (KSM).

Kusama, described as "Polkadot's wild cousin", is a blockchain platform designed to provide a widely interoperable and extensible framework for developers.

Explore Karura, the DeFi platform on the Kusama network, offering innovative financial services and solutions tailored to the blockchain community's needs.

Parachain auctions are a crucial aspect of the Polkadot ecosystem, allowing projects to secure a slot on the network and access its features. In this process, multiple projects bid for limited slots, making the auction competitive and complex.

Polkadot is currently a remarkable project in the blockchain field. With the gradual advancement of the Ethereum upgrade, Polkadot's performance and architectural advantages have suffered a lot, but it remains one of the most powerful competitors in terms of public chain infrastructure. If Bitcoin represents blockchain 1.0 which has opened up the crypto world, and Ethereum represents blockchain 2.0 which has promoted technology applications. In that case, when it comes to blockchain 3.0, it is surely represented by the popular cross-chain project - Polkadot (DOT). Polkadot neither loads smart contracts nor runs blockchain programs, but tries to establish an intermediate chain (Relay Chain) that can connect to other public chains and allows them to achieve reliable Interchain Message Passing (ICMP). The "Father of Polkadot'' Gavin Wood intended to use Polkadot to realize the interconnection between different public chains, thereby making it the Internet of blockchains. ## Polkadot’s team The major organizati

This article delves into the functionalities, operational mechanisms, team background, investment institutions, and core economic mechanisms of Bifrost Native Coin (BNC). As the heart of the Bifrost protocol, BNC stands out with its unique economic model and technical architecture, effectively addressing liquidity and security concerns within PoS systems. By employing an intermediary abstraction layer, parallel chain structure, and cross-chain interaction modules, Bifrost delivers a robust liquidity solution for staking assets across multiple PoS public blockchains. Moreover, BNC's diverse use cases and economic mechanism design ensure the system's long-term stability and ecological development.

Parallel Finance is a Polkadot-based De-Fi lending platform that lets users use idle assets flexibly and effectively. Read more to learn about Parallel Finance.

In an era where data privacy and AI large models are increasingly valued, Phala is not just a privacy solution in blockchain, but also a groundbreaking infrastructure project in the Web3 world.

Explore the cutting-edge world of Substrate Framework in blockchain technology with our comprehensive article, perfect for experts and seasoned developers.

Staking and mining are the cornerstones of the cryptocurrency ecosystem, playing a pivotal role in network security and investor engagement. By participating in staking, individuals contribute to the robustness of blockchain networks and unlock opportunities for passive income.

Decentralized confidential cloud computing services ensure the decentralized nature of cloud computing and maintain data security and privacy, but more crucially, they also enable broader DePIN business logic. Using token incentives to reduce the cost of cloud computing services, anyone requiring low-latency and high-computational power services can opt to deploy on WeTEE, receiving a generic cloud computing solution comparable to traditional cloud services. Users and developers from any public blockchain ecosystem can utilise WeTEE's confidential cloud computing services, thereby helping WeTEE become a foundational infrastructure for AI+Crypto driven by the entire blockchain, directly capturing the value of computational demand across the network.

Acala is a cross-chain De-Fi network that also functions as the liquidity hub built for Polkadot. The project offers a variety of De-Fi products and services to users and developers.

Singular is a modular NFT marketplace, where you can create, buy, sell, and trade advanced NFTs. Learn how to use Singular to explore modular NFTs.

This article takes us through the advancement of the crypto industry, the features of Polkadot, some key moments and academic achievements, parallel chain growth and overall business development, as well as project highlights and future prospects.