Kusama network calls itself a “risk-taking, fast-moving ‘canary in the coal mine’ for its cousin Polkadot”. Kusama is an experimental version of the well-known blockchain system Polkadot. It was founded in 2019 by Gavin Wood, founder of Polkadot and co-founder and former CTO of Ethereum, Peter Czaban, and Robert Habermeier. It is built using a proof-of-stake mechanism.

With the help of Kusama, you can launch your custom blockchain. Kusama is a testnet, so new bold features and ambitious projects can be tried out before it would be deployed to the Polkadot ecosystem without any danger. That’s why Kusama is much faster and more innovative than its cousin, and it is always one step ahead.

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How to Buy Kusama

Buy Kusama with SEPA Transfer

SEPA, a payment method for fast and easy payments with Euros. White label user-friendly SEPA purchase solution for KSM and 50+ other cryptocurrencies.

Buy Kusama with Credit Card

You can easily purchase KSM with credit card on Guarda. We offer the best rates to buy KSM using debit card or credit card (Visa or MasterCard).

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How to use Kusama (KSM)

Store/HODL KSM

A long-term investment in KSM with the expectation of it increasing in value. You can safely store your KSM in Guarda Wallet.

Exchange Kusama

Instantly exchange Kusama with the best KSM exchange rates. We offer many trading pairs for Kusama trading through our exchange partners.

Send Kusama

Guarda allows you to easily buy Kusama online and send it to anyone and anywhere with their Kusama address.

Receive Kusama

Receive Kusama from anyone instanteniously through your web browser, mobile phone or desktop app.

Stake KSM

Become a KSM staker to participate in the transaction validation process and earn rewards. Guarda has already launched its own validator that you can stake on right now. Availability in-app coming soon.

Download the Guarda Crypto Wallet App and hold your KSM and 50+ cryptocurrencies, anytime and anywhere.

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What Is Kusama (KSM) Network?

Kusama is a network that uses improved governance parameters, which allow it to operate up to 4x faster than Polkadot.

Longread

10 min

20 May 2022

Kusama parachains

Kusama consists of a multichain architecture, which is also called parachains. These parachains are interconnected with each other through the slots on the Relay Chain. To obtain a slot, projects need to bid for it in an auction. These auctions are called The Parachain Slot Auction and it is conducted to allocate slots to the most KSM bonded coin projects.

What about KSM?

KSM - is a native token of the Kusama ecosystem. With the KSM token, you can vote on Kusama governance proposals such as upcoming upgrades, changes to the protocol, and other updates.

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What is Kusama?