What is Kusama (KSM)?
Kusama boasts unprecedented interoperability and scalability for blockchain developers who want to quickly push the limits of what’s possible.
Kusama mimics most of Polkadot’s major design features, including Parachains.Parachains are custom blockchains that use the relay chain’s computing resources to confirm that transactions are accurate.
Relay Chain is the main Kusama blockchain, this network is where transactions are finalized. To achieve a greater speed, the relay chain separates the addition of new transactions from the act of validating those transactions. The Kusama Relay Chain uses a variation on proof-of-stake (PoS) consensus called nominated proof-of-stake (NPoS).
Kusama is branded as a “canary network” for the Polkadot blockchain, meaning that it provides early code release that is unaudited and available before it is launched on Polkadot. In Kusama, it takes seven days to vote on a referendum and eight days to implement changes after the votes.
Three types of Kusama users can influence the software’s development. The Referendum Chamber which are essentially token holders. The Council who are elected by KSM token holders. The Technical Committee, which is composed of teams actively building Kusama.