Cryptocurrency Q&A What does Kusama coin do?

What does Kusama coin do?

ethan_thompson_journalist ethan_thompson_journalist Fri Oct 25 2024 | 7 answers 1496
I'm curious about the Kusama coin. I want to know its functionalities and what it's capable of doing within its ecosystem or even beyond. What does Kusama coin do?

7 answers

DigitalLegend DigitalLegend Sun Oct 27 2024
Kusama (KSM) represents an unpolished and experimental blockchain network.

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ShintoSpirit ShintoSpirit Sun Oct 27 2024
It utilizes a proof-of-stake consensus mechanism for operations.

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Riccardo Riccardo Sun Oct 27 2024
The network's codebase is derived from Polkadot.

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Caterina Caterina Sun Oct 27 2024
Serving a crucial role, Kusama functions as a testnet for the Polkadot ecosystem.

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SsangyongSpiritedStrength SsangyongSpiritedStrength Sat Oct 26 2024
Through its experimental nature, Kusama helps identify potential issues in Polkadot.

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