LIVEKusama(KSM) Bids Farewell to Parachain Auctions, Embraces Agile Coretime
Kusama is shaking things up with the introduction of Agile Coretime, a dynamic new system for managing blockchain resources. This marks the end of the parachain auction era.
The key change? Parachain auctions are out, replaced by a more flexible approach. Here's how it works:
Bulk Core Sales: Kusama is currently in a "Renew Period" where existing parachains can secure core time in bulk at a predictable price.
Demand-Driven Sales: Following the Renew Period, there will be a "Sale Period" with features like price discovery and fixed-price stages, catering to new and existing projects.
This new system benefits everyone:
Easier Access: Agile Coretime removes barriers to entry, making it simpler for developers to launch their blockchain projects on Kusama.
Flexibility: Parachains can choose between bulk core purchases or on-demand options based on their needs.
Efficiency: Bulk coretime renewals ensure existing projects can maintain their presence without needing to repurchase cores every time.
Kusama's transition to Agile Coretime signifies a more dynamic and accessible blockchain ecosystem for developers and projects to come.
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