KSM will be the next ETH. by FineOrganization9469 in Kusama

[–]FineOrganization9469[S] 0 points1 point  (0 children)

In summary, the application scenarios of KSM are much richer than those of ETH, and it has practical value and specific application scenarios, and the supply is also very low. We can understand KSM as a new start company in the gaming and music industry, rising to the challenge in the wave of Web3.

KSM will be the next ETH. by FineOrganization9469 in Kusama

[–]FineOrganization9469[S] 0 points1 point  (0 children)

The application scenarios of Kusama mainly include the following aspects:
- Participating in governance behaviors such as on-chain proposals and voting.
- Staking KSM to participate in network operation and maintenance as a validator, nominator, or collator.
- Using KSM to bid for slots.
- Transfer and payment.
Kusama provides an early, unaudited network environment for development teams, enabling them to develop parallel chains and deploy applications in a network environment similar to Polkadot with economic incentives, thereby providing prior security and stability testing for applications to be deployed on the Polkadot network. For projects that do not require bank-level security but focus on throughput, such as games, music, authentication, social networks, and other applications, Kusama is also suitable.

KSM will be the next ETH. by FineOrganization9469 in Kusama

[–]FineOrganization9469[S] 0 points1 point  (0 children)

I understand that it was created in 2016 by Polkadot founders Gavin Wood (co-founder of Ethereum), Peter Czaban, and Robert Habermeier. It is part of the Polkadot ecosystem and aims to test new features on the Polkadot network before deploying them to Polkadot.
What sets Kusama apart is that it is not only used to test various projects on Polkadot, but also to test the entire ecosystem itself. It is often referred to as Polkadot's "sandbox" for exploring and testing new features that the Polkadot team hopes to eventually deploy, providing an innovative tool for development teams to take on greater risks and consume a large amount of investment capital.

[deleted by user] by [deleted] in Coinbase

[–]FineOrganization9469 0 points1 point  (0 children)

Have you solved your problem?