Kusama (KSM)

Kusama (KSM)

Rank #70

$78.59

6.58%

0.0026 BTC

KSM
USD

MARKET CAP

$665.695 M

ALL TIME HIGH

$623.75

VOLUME 24H

$99.724 M

CIRC. SUPPLY

8.47 M

VOL/MCAP

15.00%

TOTAL SUPPLY

9.651 M

DILUTED MCAP

757.971 M

MAX SUPPLY

--

1H USD

0.09%

24H USD

6.58%

7D USD

8.99%

30D USD

-54.64%

60D USD

-45.93%

90D USD

-48.17%

Tag:

substratepolkadot-ecosystemcms-holdings-portfoliokenetic-capital-portfolioView all

Kusama Price Chart

24h Change

6.58 %

Kusama - KSM Profiles

Overview & History

Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals.

Roadmap

Kusama Chain Candidate 1 (CC1)

Date: August 2019. Type: Network Launch

Kusama is an early, unaudited and unrefined release of Polkadot. It is a separate chain acting as a "canary" network for Polkadot to test out the governance, staking, and sharding, as well as allowing teams and developers to build and deploy a Parachain, under real economic conditions


Kusama Chain Candidate 2 (CC2)

Date: September 2019. Type: Software Release

This upgrade technically created a new chain (compared to CC1) and included several key fixes. All CC1 transactions were included in the CC2 chain, so user accounts were unchanged.


Kusama Chain Candidate 2 (CC2): PrePoS

Date: October 2019. Type: Software Release

CC2 went through a runtime upgrade to prepare the network for a switch to a Nominated Proof-of-Stake system, replacing its Proof-of-Authority predecessor. Nominated PoS later became a reality with the release of Polkadot v0.6.17. This version also introduced the Council elections module, which allowed participants to elect other stakeholders to the Kusama Council (the network’s on-chain governance system). Another release, v0.6.18, upgraded GRANDPA to version 0.10.0 and included other new features.


Kusama Chain Candidate 3 (CC3)

Date: November 2019. Type: Software Release

On a granular level, it incorporates on-chain authority discovery, a move to prefixed storage mappings, and a revamp of the network’s governance system.

Kusama's new decentralized, on-chain governance system eventually passed Referendum 4, which removed Sudo requirements and unlocked KSM token transfers.


Failed Runtime Upgrade

Date: January 2020 Type: Vulnerability

As Kusama attempted a runtime upgrade to version 1034, a naming issue bricked the chain. The Polkadot team responded by issuing a series of updates to revert the chain, reject the faulty upgrade, and subsequently speed the chain back up (a so-called "time warp"), so Kusama would not live in the past. The canary network returned to a normal, non-warp speed state on Jan. 12, eight days after the failed runtime upgrade.

 

Kusama Price Live Data

KSM Price

$78.59

Trading Volume

$99.72 M

All Time High

$623.75

1hour Change

0.09%

24hours Change

6.58%

24hours Range

6.66%

24hours Low

$193.56

24hours High

$204.52

Liquidity ±2%

$44,202.63 B

Bids -2%

$4.42 M

Asks +2%

$3.94 M

Market Cap

$665.70 M

Fully Diluted Market Cap

757.97 M

Circulating Supply

8.47 M

Total Supply

9.65 M

Max Supply

0.00

Kusama Markets

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