Earn meme coins $BOME $KSM
Method:
1. Log in to my account
2. Log in to the first pinned post
3. Click Get Reward
KSM (Kusama) is the digital currency of the Kusama network, a parallel blockchain network created as a test version (Canary Network) for the Polkadot network. Kusama is used to test updates and innovations before applying them to the Polkadot main network.
Its most prominent features:
• Flexible development platform: Provides a test environment for developers to build and test decentralized applications (DApps) and various projects.
• Decentralization: Relies on the blockchain system to conduct and authenticate transactions transparently.
• Parachains system: Supports the operation of dedicated blockchain chains simultaneously, which enhances their efficiency.
Uses:
• Staking: KSM is used to secure the network through the Proof of Stake (PoS) process.
• Voting and Governance: KSM holders are given the right to vote on future decisions related to the development of the network.
• Participation in auctions: It is used to participate in parachain auctions on the Kusama network.
Advantages over Polkadot:
• Speed of experiments and implementation, as Kusama is more flexible and less formal than Polkad