kusama
33,850 views
30 Discussing
Hot
Latest
$KSM KSM/USDT: Layer 1 Power Surge! š
š Current Price: $31.78 (+5.93%)
š 24h High: $31.97
š» 24h Low: $29.90
Kusama (KSM) continues its bullish ascent in the Layer 1 ecosystem, inching closer to a breakout above $32.00. Strong volume and momentum suggest potential for sustained upward movement.
š” Key Levels to Watch:
Immediate Support: $31.00
Resistance Zone: $32.00 - $33.00
ā” Market Insight: A breakout above $32.00 could open doors to new highs. Traders and investors should watch this level closely, as KSM's on-chain activity continues to strengthen.
#KSM #Kusama #Binance #Layer1Ecosystem #CryptoAnalysis
š Current Price: $31.78 (+5.93%)
š 24h High: $31.97
š» 24h Low: $29.90
Kusama (KSM) continues its bullish ascent in the Layer 1 ecosystem, inching closer to a breakout above $32.00. Strong volume and momentum suggest potential for sustained upward movement.
š” Key Levels to Watch:
Immediate Support: $31.00
Resistance Zone: $32.00 - $33.00
ā” Market Insight: A breakout above $32.00 could open doors to new highs. Traders and investors should watch this level closely, as KSM's on-chain activity continues to strengthen.
#KSM #Kusama #Binance #Layer1Ecosystem #CryptoAnalysis
See original
Market Reflection
565 Trillion Shiba Inu (SHIB) Now Held by Just Five Whales
2-minute read:
Five whale addresses now control a staggering 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility.
A separation between high and low activity addresses is quite obvious in the SHIB distribution, with one high activity wallet holding 41.7% of the total supply. Understanding potential short-term price movements depends on the activity of these wallets, even though such centralization can increase the risk of market volatility.
Furthermore, recent on-chain data indicates that outflows by large holders have slowed significantly, falling by 31% in the last seven days. This decrease may suggest that there is less pressure on whales to sell, which would be good for price stability. However, as SHIB approaches the 200 EMA support near US$ 0.00002079, inflows have increased by 53%, indicating accumulation by larger players.
(For full material, follow the source link in the comments)
#Shibalnu #Binance #Shibalnu #Kusama #Write2Earn
565 Trillion Shiba Inu (SHIB) Now Held by Just Five Whales
2-minute read:
Five whale addresses now control a staggering 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility.
A separation between high and low activity addresses is quite obvious in the SHIB distribution, with one high activity wallet holding 41.7% of the total supply. Understanding potential short-term price movements depends on the activity of these wallets, even though such centralization can increase the risk of market volatility.
Furthermore, recent on-chain data indicates that outflows by large holders have slowed significantly, falling by 31% in the last seven days. This decrease may suggest that there is less pressure on whales to sell, which would be good for price stability. However, as SHIB approaches the 200 EMA support near US$ 0.00002079, inflows have increased by 53%, indicating accumulation by larger players.
(For full material, follow the source link in the comments)
#Shibalnu #Binance #Shibalnu #Kusama #Write2Earn
Debbie Higaneda kQQE:
Where do you get this information?
$KSM Price broke out of the Sideways Channel, spiked up +100% quickly on big volumes to $53 resistance but got overbought (RSI ~ 80) and pulled back on some profit taking. That larget gap up has been filled now as price retraced that entire move up. Now it's consolidating in a Channel Down pattern. We wait for a breakout, which could be followed by price revisiting $53. Alternatively, we would be buyers on pullbacks to $23 support and 200-day Moving Average.
#Kusama
#Kusama
š$KSM / USDT Technical Analysis: Key Levels and Insights!š
Kusama ( $KSM ) is on the rise, trading at $36.55, with a +0.25% gain in the last 15 minutes. This Layer-1 blockchain token continues to showcase volatility, offering traders opportunities to capitalize on its price movements.
š Key Metrics:
24H High: $36.6924H Low: $35.3024H Volume (KSM): 67,284.5624H Volume (USDT): $2.43M
š¹ Chart Insights:
The 15-minute chart highlights a strong bullish recovery, with the price climbing steadily after testing support near $36.20. Buyers are gaining momentum, pushing the price towards the 24H high of $36.69.
š Performance Overview:
Today: +1.78%7-Day Growth: +3.86%30-Day Change: -20.40%90-Day Growth: +95.67%180-Day Growth: +87.35%1-Year Change: -12.91%
š Levels to Watch:
Immediate Resistance: $36.69 (24H high)Immediate Support: $36.20
š” Trading Tips:
Kusama's recent bullish trend signals a potential breakout if the $36.69 resistance is breached. Short-term traders should monitor volume and momentum closely, while long-term holders may view dips as buying opportunities.
ā” What are your trading strategies for KSM? Let us know in the comments!
#Binance #Kusama #KSMUSDT #CryptoTrading
Kusama ( $KSM ) is on the rise, trading at $36.55, with a +0.25% gain in the last 15 minutes. This Layer-1 blockchain token continues to showcase volatility, offering traders opportunities to capitalize on its price movements.
š Key Metrics:
24H High: $36.6924H Low: $35.3024H Volume (KSM): 67,284.5624H Volume (USDT): $2.43M
š¹ Chart Insights:
The 15-minute chart highlights a strong bullish recovery, with the price climbing steadily after testing support near $36.20. Buyers are gaining momentum, pushing the price towards the 24H high of $36.69.
š Performance Overview:
Today: +1.78%7-Day Growth: +3.86%30-Day Change: -20.40%90-Day Growth: +95.67%180-Day Growth: +87.35%1-Year Change: -12.91%
š Levels to Watch:
Immediate Resistance: $36.69 (24H high)Immediate Support: $36.20
š” Trading Tips:
Kusama's recent bullish trend signals a potential breakout if the $36.69 resistance is breached. Short-term traders should monitor volume and momentum closely, while long-term holders may view dips as buying opportunities.
ā” What are your trading strategies for KSM? Let us know in the comments!
#Binance #Kusama #KSMUSDT #CryptoTrading
Nasdaq drops 0.5% after 5-day slide; broad market falls marginally. () Need AI assistance?
Read more % Benzinga Bulls And Bears: Tesla, Netflix, MicroStrategy - and Shiba Inu aims to overtake Dogecoin in cryptocurrency
Netflix breaks company record with 68 million views
Season 2 of "The Squid Game" breaks company record with 68 million views
#Tesla is met with mixed reactions, as first annual sales slump shares Wall Street's emotions
Benzinga held
the Nasdaq and S&P 500 stock indexes ended a five-day slump on Friday: The S&P was down 0.48%, the Dow was down 0.60%, and the Nasdaq ended the week down 0.51%.
30-year high Record outflows from the iShares TLT 20-year bond ETF in December as a rise in government bond yields to 4.8% raised concerns about borrowing costs. Meanwhile, the U. S. manufacturing sector showed signs of stabilization in December as the ISM manufacturing PMI rose to 49.3%, the highest reading since April 2024 but the ninth consecutive month of negative growth.
Benzinga provides daily reports on the most popular stocks among investors. Here are some of the bullish and bearish reports from the past week to pay attention to
'Shytoshi #Kusama Clears The Air On #Shiba Inu Role, Memecoin Rivalry: 'Our Drive Was To Outperform Dogecoin', by Aniket Verma', Shytoshi Kusama reveals that Shiba Inu SHIB/USD was founded by Ryoshi, not him, and his original vision for the project was to outperform #Dogecoin DOGE/USD. Talking about
Bill Ackman's bullish view on Fannie Mae, Freddie Mac stocks: 'Trump loves big deals' Erica Coleman discusses Bill Ackman's bullish view on Fannie Mae FNMA and Freddie Mac FMCC stocks. Freddie Mac FMCC, a stock that has the potential for big gains as conservatorship may be ended under a Donald Trump administration, and Ackman emphasizes the Asymmetrical upside for investors"
Read us at: Compass Investments
Netflix breaks company record with 68 million views
Season 2 of "The Squid Game" breaks company record with 68 million views
#Tesla is met with mixed reactions, as first annual sales slump shares Wall Street's emotions
Benzinga held
the Nasdaq and S&P 500 stock indexes ended a five-day slump on Friday: The S&P was down 0.48%, the Dow was down 0.60%, and the Nasdaq ended the week down 0.51%.
30-year high Record outflows from the iShares TLT 20-year bond ETF in December as a rise in government bond yields to 4.8% raised concerns about borrowing costs. Meanwhile, the U. S. manufacturing sector showed signs of stabilization in December as the ISM manufacturing PMI rose to 49.3%, the highest reading since April 2024 but the ninth consecutive month of negative growth.
Benzinga provides daily reports on the most popular stocks among investors. Here are some of the bullish and bearish reports from the past week to pay attention to
'Shytoshi #Kusama Clears The Air On #Shiba Inu Role, Memecoin Rivalry: 'Our Drive Was To Outperform Dogecoin', by Aniket Verma', Shytoshi Kusama reveals that Shiba Inu SHIB/USD was founded by Ryoshi, not him, and his original vision for the project was to outperform #Dogecoin DOGE/USD. Talking about
Bill Ackman's bullish view on Fannie Mae, Freddie Mac stocks: 'Trump loves big deals' Erica Coleman discusses Bill Ackman's bullish view on Fannie Mae FNMA and Freddie Mac FMCC stocks. Freddie Mac FMCC, a stock that has the potential for big gains as conservatorship may be ended under a Donald Trump administration, and Ackman emphasizes the Asymmetrical upside for investors"
Read us at: Compass Investments
š $KSM KSM/USDT Technical Snapshot ā Momentum Building!
Current Price: $36.46 (+2.56%)
24H High: $37.02
24H Low: $35.51
24H Volume: 110,886.83 KSM
---
š Technical Overview:
1ļøā£ KSM is showing signs of a potential breakout after reclaiming the $36 support.
2ļøā£ The price is now testing short-term resistance at $37, which, if broken, could lead to a bullish rally.
---
š Key Levels to Watch:
Immediate Resistance: $37.02 (next target $38.50).
Strong Support: $35.50-$35.00 (key zone for bullish continuation).
---
š” Market Sentiment:
MACD: Slightly recovering, hinting at renewed bullish momentum.
Volume: Increasing buying interest at current levels supports potential upside.
---
š Why KSM?
As part of the Polkadot ecosystem, Kusama remains a pivotal project for testing groundbreaking blockchain technologies.
š Trade KSM/USDT now on Binance ā Capture the Momentum!
#Kusama #KSM #CryptoTrading #Binance #CryptoReboundStrategy
Current Price: $36.46 (+2.56%)
24H High: $37.02
24H Low: $35.51
24H Volume: 110,886.83 KSM
---
š Technical Overview:
1ļøā£ KSM is showing signs of a potential breakout after reclaiming the $36 support.
2ļøā£ The price is now testing short-term resistance at $37, which, if broken, could lead to a bullish rally.
---
š Key Levels to Watch:
Immediate Resistance: $37.02 (next target $38.50).
Strong Support: $35.50-$35.00 (key zone for bullish continuation).
---
š” Market Sentiment:
MACD: Slightly recovering, hinting at renewed bullish momentum.
Volume: Increasing buying interest at current levels supports potential upside.
---
š Why KSM?
As part of the Polkadot ecosystem, Kusama remains a pivotal project for testing groundbreaking blockchain technologies.
š Trade KSM/USDT now on Binance ā Capture the Momentum!
#Kusama #KSM #CryptoTrading #Binance #CryptoReboundStrategy
See original
Kusama's amazing TPS test data is out, and its speed directly surpasses the world!
The fastest public chain in the world is about to step onto the stage, and Polkadot will eventually unify the entire WEB3.
This morning, Kusama in the Polkadot system conducted a TPS test. The batch transaction TPS reached an astonishing 82,171, and the non-batch transaction TPS reached 10,547ā and it only used 15% of the core capacity of the network!
It's important to note that the Polkadot engine is not running at full speed; achieving this effect with only 15% of the engine capacity demonstrates that it is currently the fastest.
To know that VISA and MasterCard's speeds are just over 60,000, the probability of the two major credit cards using the Polkadot system in the future will greatly increase!
Polkadot is far ahead of all public chains, surpassing all public chains. This is the only reason why I, Jiufang Wu, have never wavered in supporting Polkadot over the past three years, because I know what is right and wrong and I will never speculate.
A person who keeps changing is useless!
#Kusama
#dot
#BTTC
The fastest public chain in the world is about to step onto the stage, and Polkadot will eventually unify the entire WEB3.
This morning, Kusama in the Polkadot system conducted a TPS test. The batch transaction TPS reached an astonishing 82,171, and the non-batch transaction TPS reached 10,547ā and it only used 15% of the core capacity of the network!
It's important to note that the Polkadot engine is not running at full speed; achieving this effect with only 15% of the engine capacity demonstrates that it is currently the fastest.
To know that VISA and MasterCard's speeds are just over 60,000, the probability of the two major credit cards using the Polkadot system in the future will greatly increase!
Polkadot is far ahead of all public chains, surpassing all public chains. This is the only reason why I, Jiufang Wu, have never wavered in supporting Polkadot over the past three years, because I know what is right and wrong and I will never speculate.
A person who keeps changing is useless!
#Kusama
#dot
#BTTC
Kusama Coins: Whatās Next in the Upcoming Bull Run?
As the cryptocurrency market prepares for the next bull run, Kusama ($KSM ) is emerging as a major contender. Serving as Polkadotās experimental network, Kusamaās value is increasing alongside the growth of parachain auctions and new, innovative projects.
Kusama saw significant highs in 2021, with its price surpassing $600. As we approach the April-May 2024 bull run, many are speculating whether it can replicate those explosive gains. Some predict a more conservative price range of $150-$300, while others are aiming for an optimistic target above $500.
What are your thoughts? Will Kusama break new records, or will it remain stable? Share your predictions and insights in the comments!
#KSM #Kusama #CryptoBullRun
As the cryptocurrency market prepares for the next bull run, Kusama ($KSM ) is emerging as a major contender. Serving as Polkadotās experimental network, Kusamaās value is increasing alongside the growth of parachain auctions and new, innovative projects.
Kusama saw significant highs in 2021, with its price surpassing $600. As we approach the April-May 2024 bull run, many are speculating whether it can replicate those explosive gains. Some predict a more conservative price range of $150-$300, while others are aiming for an optimistic target above $500.
What are your thoughts? Will Kusama break new records, or will it remain stable? Share your predictions and insights in the comments!
#KSM #Kusama #CryptoBullRun
š $KSM /USDT Breaking Higher! š
šÆ Current Price: $37.65 (+13.34%)
š 24H High: $37.70
š 24H Low: $33.13
Kusama (KSM) is making waves today as a Layer 1 gainer, climbing steadily with over 71% growth in the last 90 days! The token is showing bullish momentum, with a potential breakout in sight.
š„ Next Levels to Watch:
Immediate Resistance: $37.80 ā”ļø $39.00
Support: $36.30
š Market Insight:
With significant trading volumes and consistent upward movement, KSM is signaling strength in a volatile market. Keep an eye out for a strong push above $38 for confirmation of further gains.
š” Pro Tip: Manage risk by setting trailing stop losses and look for consolidation opportunities before the next leg up!
#Kusama #KSM #CryptoSignals #BinanceTrading #Write2Earn
šÆ Current Price: $37.65 (+13.34%)
š 24H High: $37.70
š 24H Low: $33.13
Kusama (KSM) is making waves today as a Layer 1 gainer, climbing steadily with over 71% growth in the last 90 days! The token is showing bullish momentum, with a potential breakout in sight.
š„ Next Levels to Watch:
Immediate Resistance: $37.80 ā”ļø $39.00
Support: $36.30
š Market Insight:
With significant trading volumes and consistent upward movement, KSM is signaling strength in a volatile market. Keep an eye out for a strong push above $38 for confirmation of further gains.
š” Pro Tip: Manage risk by setting trailing stop losses and look for consolidation opportunities before the next leg up!
#Kusama #KSM #CryptoSignals #BinanceTrading #Write2Earn
Ethereum Legends Unite! EthCC , hashtag#Ethereum10Y
Three icons took the stage for hashtag#Ethereum's 10th anniversary at hashtag#Ethcc2024 !
-#VitalikButerin (Creator of Ethereum )
- #GavinWood , Founded Polkadot , #kusama , Ethereum , Parity Technologies , Web3 Foundation
- #JosephLubin ļø Co-founder of Ethereum ,Founder of Consensys ,Chairman of Consensys Mesh .
Photo credits- #EthCC
$ETH $DOT $KSM
Three icons took the stage for hashtag#Ethereum's 10th anniversary at hashtag#Ethcc2024 !
-#VitalikButerin (Creator of Ethereum )
- #GavinWood , Founded Polkadot , #kusama , Ethereum , Parity Technologies , Web3 Foundation
- #JosephLubin ļø Co-founder of Ethereum ,Founder of Consensys ,Chairman of Consensys Mesh .
Photo credits- #EthCC
$ETH $DOT $KSM
See original
hello!! what is your favorite currency?
after the fall...
1- Which one do you trust or hope can help change the horizon of your investment?
2- What is your star currency that you always bet on?
3- Is there one that has disappointed you?
mine are
1- #shiba
2- #kusama
3- #farm
and always some bet on #btc !!
š«£
after the fall...
1- Which one do you trust or hope can help change the horizon of your investment?
2- What is your star currency that you always bet on?
3- Is there one that has disappointed you?
mine are
1- #shiba
2- #kusama
3- #farm
and always some bet on #btc !!
š«£
SIGNAL spot
You can hold this coin for long term$
$KSM
ENTRY :
$49-53
TP :
$65
$75
$80
$85
$95
$100
$115
$130
#KSM #kusama #Bullish #Bitcoinš¤ #Cryptocurrrency
You can hold this coin for long term$
$KSM
ENTRY :
$49-53
TP :
$65
$75
$80
$85
$95
$100
$115
$130
#KSM #kusama #Bullish #Bitcoinš¤ #Cryptocurrrency
Best 5 Cryptocurrencies for Earning Money Without Much Effort
Investors are looking for ways to make more money, and one popular method is staking. Staking involves helping validate transactions on a blockchain network, but instead of solving puzzles like in mining, users lock up some cryptocurrency as collateral.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free OnĀ CryptosHeadlinesToken.com
In return, they get rewards, usually more tokens. This not only encourages people to help secure the network but also lets investorsĀ earn moneyĀ without doing much. LetāsĀ explore the top five cryptocurrenciesĀ for staking opportunities.
Top 5 Cryptocurrencies for Staking
1 Ethereum (ETH):Ā Ethereum, the second-largest cryptocurrency, is transitioning to a proof-of-stake (PoS) mechanism with Ethereum 2.0.Ā Investors can stake their ETH to secureĀ the network and earn rewards. Staking rewards range from 5% to 15% annually, depending on network participation and total staked ETH.
2. Cardano (ADA):Ā Cardano focuses on scalability and sustainability, utilizing a PoS mechanism. ADA holders can stake their tokens by delegating to a stake pool and earn rewards. Staking rewards on Cardano range from 4% to 6% annually.
3. Polkadot (DOT):Ā Polkadot is a multi-chain interoperability protocol with a PoS mechanism. DOT holders canĀ stake their tokensĀ to nominate validators and earn rewards averaging around 12% annually. Additionally, Polkadotās governance systemĀ allows tokenĀ holders to participate in decision-making processes.
4. Kusama (KSM):Ā Kusama is a canary network of Polkadot, offering a platform for developers to experiment. It utilizes PoS for staking, allowing KSM holders to secure the network and earn rewards. Annual returns from staking KSM range from 7% to 12%.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free OnĀ CryptosHeadlinesToken.com
5. The Graph (GRT):Ā The Graph is an indexing protocol for blockchain data retrieval, powered by the GRT token.Ā Token holders can stake GRT to secureĀ the network and participate in governance. Staking rewards vary based onĀ network activityĀ and participation levels.
In Summary
Staking cryptocurrencies can be a great way for investors to earn money without much effort while helping keepĀ blockchain networks secureĀ and decentralized. But before staking, itās important to do your homework and think about things like how much youāll earn, how the tokens work, and how active the network is. With staking becoming more popular, coins like Ethereum, Cardano, Polkadot, Kusama, and The Graph offer exciting chances for people who want to spread out theirĀ investments and make steady profitsĀ in the ever-changing world of cryptocurrencies.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Ethereum #Cardano #Polkadot #kusama #GRT/USDT
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free OnĀ CryptosHeadlinesToken.com
In return, they get rewards, usually more tokens. This not only encourages people to help secure the network but also lets investorsĀ earn moneyĀ without doing much. LetāsĀ explore the top five cryptocurrenciesĀ for staking opportunities.
Top 5 Cryptocurrencies for Staking
1 Ethereum (ETH):Ā Ethereum, the second-largest cryptocurrency, is transitioning to a proof-of-stake (PoS) mechanism with Ethereum 2.0.Ā Investors can stake their ETH to secureĀ the network and earn rewards. Staking rewards range from 5% to 15% annually, depending on network participation and total staked ETH.
2. Cardano (ADA):Ā Cardano focuses on scalability and sustainability, utilizing a PoS mechanism. ADA holders can stake their tokens by delegating to a stake pool and earn rewards. Staking rewards on Cardano range from 4% to 6% annually.
3. Polkadot (DOT):Ā Polkadot is a multi-chain interoperability protocol with a PoS mechanism. DOT holders canĀ stake their tokensĀ to nominate validators and earn rewards averaging around 12% annually. Additionally, Polkadotās governance systemĀ allows tokenĀ holders to participate in decision-making processes.
4. Kusama (KSM):Ā Kusama is a canary network of Polkadot, offering a platform for developers to experiment. It utilizes PoS for staking, allowing KSM holders to secure the network and earn rewards. Annual returns from staking KSM range from 7% to 12%.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free OnĀ CryptosHeadlinesToken.com
5. The Graph (GRT):Ā The Graph is an indexing protocol for blockchain data retrieval, powered by the GRT token.Ā Token holders can stake GRT to secureĀ the network and participate in governance. Staking rewards vary based onĀ network activityĀ and participation levels.
In Summary
Staking cryptocurrencies can be a great way for investors to earn money without much effort while helping keepĀ blockchain networks secureĀ and decentralized. But before staking, itās important to do your homework and think about things like how much youāll earn, how the tokens work, and how active the network is. With staking becoming more popular, coins like Ethereum, Cardano, Polkadot, Kusama, and The Graph offer exciting chances for people who want to spread out theirĀ investments and make steady profitsĀ in the ever-changing world of cryptocurrencies.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Ethereum #Cardano #Polkadot #kusama #GRT/USDT
š$KSM / USDT Breaking Out! š
Kusama ( $KSM ) is seeing significant bullish momentum today, currently trading at $36.69 (+18.35%).
š” Key Metrics:
24h High: $37.3524h Low: $30.0624h Volume (KSM): 289,292.3824h Volume (USDT): $9.92M
š The chart shows a strong upward trend with steady support from moving averages (MA7, MA25, MA99). A minor pullback could offer an entry point for traders looking to ride this wave!
šØ Keep an eye on the $37.35 resistance levelāif broken, KSM could see further upside potential.
#Binance #Kusama #CryptoTrading #KSM
Kusama ( $KSM ) is seeing significant bullish momentum today, currently trading at $36.69 (+18.35%).
š” Key Metrics:
24h High: $37.3524h Low: $30.0624h Volume (KSM): 289,292.3824h Volume (USDT): $9.92M
š The chart shows a strong upward trend with steady support from moving averages (MA7, MA25, MA99). A minor pullback could offer an entry point for traders looking to ride this wave!
šØ Keep an eye on the $37.35 resistance levelāif broken, KSM could see further upside potential.
#Binance #Kusama #CryptoTrading #KSM
A short explanation of what's new in the Polkadot and kusama ecosystem with the "Coretime" update. i am surprise few people here talk about...
In Polkadot 1.0, when a parachain (a blockchain extension that allows interoperability between different blockchains) wins the auction, it only needs to lock its DOTs in the network for a specified duration (ranging from 6 months to 2 years). Once this period is over, the DOTs are returned in full. Also, if we draw a parallel, this amounts to renting an apartment where the owner only requires an initial deposit, with no monthly rent. When the lease expires, the deposit is refunded in full. So, in this context, this means that by choosing to block your DOTs during these auctions, you are giving up other potential benefits, such as staking to produce an annual return of around 10%.
Conversely, Polkadot 2.0 revolves around the direct sale of Coretime. Blockchains or client applications pay a certain amount to obtain the rights to use Coretime. Thus, income from the sale of Coretime essentially acts as rental income. Therefore, in this model, blockchains or applications have a direct cost.
These changes should make Polkadot more attractive to Web2 companies adopting Web3 frameworks.
today 18 april begining of "Coretime" update planned for Kusama, burn in sight.
#polkadot #coretime #kusama $DOT $ksm $KSM
In Polkadot 1.0, when a parachain (a blockchain extension that allows interoperability between different blockchains) wins the auction, it only needs to lock its DOTs in the network for a specified duration (ranging from 6 months to 2 years). Once this period is over, the DOTs are returned in full. Also, if we draw a parallel, this amounts to renting an apartment where the owner only requires an initial deposit, with no monthly rent. When the lease expires, the deposit is refunded in full. So, in this context, this means that by choosing to block your DOTs during these auctions, you are giving up other potential benefits, such as staking to produce an annual return of around 10%.
Conversely, Polkadot 2.0 revolves around the direct sale of Coretime. Blockchains or client applications pay a certain amount to obtain the rights to use Coretime. Thus, income from the sale of Coretime essentially acts as rental income. Therefore, in this model, blockchains or applications have a direct cost.
These changes should make Polkadot more attractive to Web2 companies adopting Web3 frameworks.
today 18 april begining of "Coretime" update planned for Kusama, burn in sight.
#polkadot #coretime #kusama $DOT $ksm $KSM
See original
šOne of my bets on BullRunš
Kusama is a public pre-production environment for Polkadot that allows any developer to experiment and test new blockchains or new applications before launching them on this network.
In this way, it can be said that Kusama acts as a type of sandbox for developers looking to test previous versions of Polkadot projects, but with real cryptocurrency traded on an open market.
Official Polkadot updates are also tested on Kusama before their release.
Since its main use case is to facilitate testing, Kusama tries to give developers more flexibility as they finalize the design of their Polkadot projects. In turn, Kusama offers more flexible rules than Polkadot, including less stringent governance parameters.
On the other hand, Kusama imitates most of Polkadot's key design features. For example, Kusama uses two types of blockchains: a mainnet, called a relay chain, where transactions are permanent, and user-generated networks, called parachains.
Parachains can be customized for any use and leverage the main relay chain for security.
One potential advantage of starting a project on Kusama is that it allows Polkadot projects to build a user base and gain traction in the community before official launch.
#kusama
Kusama is a public pre-production environment for Polkadot that allows any developer to experiment and test new blockchains or new applications before launching them on this network.
In this way, it can be said that Kusama acts as a type of sandbox for developers looking to test previous versions of Polkadot projects, but with real cryptocurrency traded on an open market.
Official Polkadot updates are also tested on Kusama before their release.
Since its main use case is to facilitate testing, Kusama tries to give developers more flexibility as they finalize the design of their Polkadot projects. In turn, Kusama offers more flexible rules than Polkadot, including less stringent governance parameters.
On the other hand, Kusama imitates most of Polkadot's key design features. For example, Kusama uses two types of blockchains: a mainnet, called a relay chain, where transactions are permanent, and user-generated networks, called parachains.
Parachains can be customized for any use and leverage the main relay chain for security.
One potential advantage of starting a project on Kusama is that it allows Polkadot projects to build a user base and gain traction in the community before official launch.
#kusama
See original
$SHIB needs to burn trillions of tokens #shib per month, #shibarium is doing a great job in transactions but very little in burn participation.. 580T of supply is too much.. let's petition #kusama to spontaneously burn 500T for the good of the community.. #burn š„š„š„š„š„š„š„š„š„