Kusama
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Kusama (KSM): The Hidden Gem of the Crypto Market?
Kusama (KSM) is often called the "wild cousin" of Polkadot, but is it just a test network, or does it hold real investment potential? Let's explore what makes Kusama unique and whether it’s a hidden gem in the crypto market.
🔍What is Kusama?
Kusama is a scalable, multi-chain network designed for experimental blockchain projects. It serves as a "canary network" for Polkadot, allowing developers to test new features before launching them on Polkadot’s mainnet.
✅ Faster Upgrades – Kusama has a more flexible governance system, enabling faster innovation.
✅ Lower Deployment Costs – Cheaper fees make it ideal for startups and experimental projects.
✅ Strong Community – An active developer and investor base supports continuous growth.
📊 Price Analysis
🔹 Current Price: $18
🔹 All-Time High (ATH): $623
🔹 Market Cap: $500M
Kusama has shown extreme volatility, hitting an all-time high of $623 during the last bull market before retracing. This high-risk, high-reward profile attracts traders looking for aggressive gains.
🔥Why Kusama Matters?
Kusama is more than just a testnet—it has real-world applications:
🌐 Parachains: Kusama hosts multiple independent blockchains that enhance scalability.
💰 DeFi & Staking: Projects like Moonriver use Kusama for smart contracts and staking.
🎨 NFT Ecosystem: Platforms like RMRK bring next-gen NFTs to Kusama’s network.
🚀 Is Kusama a Good Investment?
Kusama presents a bold opportunity for investors who can handle high risk. It is a playground for blockchain innovation, and those who enter early might benefit from long-term growth.
💡 What do you think? Will Kusama reach its all-time high again? Let’s discuss in the comments! 👇👇
📢 Follow me for more crypto insights and analyses! 🚀
💬 Drop your thoughts below – are you bullish or bearish on KSM?
#Kusama #KSM/USDT #altcoins
Kusama (KSM) is often called the "wild cousin" of Polkadot, but is it just a test network, or does it hold real investment potential? Let's explore what makes Kusama unique and whether it’s a hidden gem in the crypto market.
🔍What is Kusama?
Kusama is a scalable, multi-chain network designed for experimental blockchain projects. It serves as a "canary network" for Polkadot, allowing developers to test new features before launching them on Polkadot’s mainnet.
✅ Faster Upgrades – Kusama has a more flexible governance system, enabling faster innovation.
✅ Lower Deployment Costs – Cheaper fees make it ideal for startups and experimental projects.
✅ Strong Community – An active developer and investor base supports continuous growth.
📊 Price Analysis
🔹 Current Price: $18
🔹 All-Time High (ATH): $623
🔹 Market Cap: $500M
Kusama has shown extreme volatility, hitting an all-time high of $623 during the last bull market before retracing. This high-risk, high-reward profile attracts traders looking for aggressive gains.
🔥Why Kusama Matters?
Kusama is more than just a testnet—it has real-world applications:
🌐 Parachains: Kusama hosts multiple independent blockchains that enhance scalability.
💰 DeFi & Staking: Projects like Moonriver use Kusama for smart contracts and staking.
🎨 NFT Ecosystem: Platforms like RMRK bring next-gen NFTs to Kusama’s network.
🚀 Is Kusama a Good Investment?
Kusama presents a bold opportunity for investors who can handle high risk. It is a playground for blockchain innovation, and those who enter early might benefit from long-term growth.
💡 What do you think? Will Kusama reach its all-time high again? Let’s discuss in the comments! 👇👇
📢 Follow me for more crypto insights and analyses! 🚀
💬 Drop your thoughts below – are you bullish or bearish on KSM?
#Kusama #KSM/USDT #altcoins
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 ️ 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 ️ Co-founder of Ethereum ,Founder of Consensys ,Chairman of Consensys Mesh .
Photo credits- #EthCC
$ETH $DOT $KSM
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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 10,547— 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 10,547— 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: What’s 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 Polkadot’s experimental network, Kusama’s 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 Polkadot’s experimental network, Kusama’s 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 $500.
What are your thoughts? Will Kusama break new records, or will it remain stable? Share your predictions and insights in the comments!
#KSM #Kusama #CryptoBullRun
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Market Reflection
565 Trillion Shiba Inu (SHIB) Now Held by Just Five Whales
2-minute read:
Five whale addresses now control a staggering 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility.
A separation between high and low activity addresses is quite obvious in the SHIB distribution, with one high activity wallet holding 41.7% of the total supply. Understanding potential short-term price movements depends on the activity of these wallets, even though such centralization can increase the risk of market volatility.
Furthermore, recent on-chain data indicates that outflows by large holders have slowed significantly, falling by 31% in the last seven days. This decrease may suggest that there is less pressure on whales to sell, which would be good for price stability. However, as SHIB approaches the 200 EMA support near US$ 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
🚀 $KSM /USDT Breaking Higher! 🚀
🎯 Current Price: $37.65 (+13.34%)
📈 24H High: $37.70
📉 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.
🔥 Next Levels to Watch:
Immediate Resistance: $37.80 ➡️ $39.00
Support: $36.30
📊 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.
💡 Pro Tip: Manage risk by setting trailing stop losses and look for consolidation opportunities before the next leg up!
#Kusama #KSM #CryptoSignals #BinanceTrading #Write2Earn
🎯 Current Price: $37.65 (+13.34%)
📈 24H High: $37.70
📉 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.
🔥 Next Levels to Watch:
Immediate Resistance: $37.80 ➡️ $39.00
Support: $36.30
📊 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.
💡 Pro Tip: Manage risk by setting trailing stop losses and look for consolidation opportunities before the next leg up!
#Kusama #KSM #CryptoSignals #BinanceTrading #Write2Earn
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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 !!
🫣
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 !!
🫣
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 On CryptosHeadlinesToken.com
In return, they get rewards, usually more tokens. This not only encourages people to help secure the network but also lets investors earn money without doing much. Let’s explore the top five cryptocurrencies for staking opportunities.
Top 5 Cryptocurrencies for Staking
1 Ethereum (ETH): Ethereum, the second-largest cryptocurrency, is transitioning to a proof-of-stake (PoS) mechanism with Ethereum 2.0. Investors can stake their ETH to secure the network and earn rewards. Staking rewards range from 5% to 15% annually, depending on network participation and total staked ETH.
2. Cardano (ADA): 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): Polkadot is a multi-chain interoperability protocol with a PoS mechanism. DOT holders can stake their tokens to nominate validators and earn rewards averaging around 12% annually. Additionally, Polkadot’s governance system allows token holders to participate in decision-making processes.
4. Kusama (KSM): 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 On CryptosHeadlinesToken.com
5. The Graph (GRT): The Graph is an indexing protocol for blockchain data retrieval, powered by the GRT token. Token holders can stake GRT to secure the network and participate in governance. Staking rewards vary based on network activity and participation levels.
In Summary
Staking cryptocurrencies can be a great way for investors to earn money without much effort while helping keep blockchain networks secure and decentralized. But before staking, it’s important to do your homework and think about things like how much you’ll 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 their investments and make steady profits in the ever-changing world of cryptocurrencies.
Important: 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 On CryptosHeadlinesToken.com
In return, they get rewards, usually more tokens. This not only encourages people to help secure the network but also lets investors earn money without doing much. Let’s explore the top five cryptocurrencies for staking opportunities.
Top 5 Cryptocurrencies for Staking
1 Ethereum (ETH): Ethereum, the second-largest cryptocurrency, is transitioning to a proof-of-stake (PoS) mechanism with Ethereum 2.0. Investors can stake their ETH to secure the network and earn rewards. Staking rewards range from 5% to 15% annually, depending on network participation and total staked ETH.
2. Cardano (ADA): 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): Polkadot is a multi-chain interoperability protocol with a PoS mechanism. DOT holders can stake their tokens to nominate validators and earn rewards averaging around 12% annually. Additionally, Polkadot’s governance system allows token holders to participate in decision-making processes.
4. Kusama (KSM): 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 On CryptosHeadlinesToken.com
5. The Graph (GRT): The Graph is an indexing protocol for blockchain data retrieval, powered by the GRT token. Token holders can stake GRT to secure the network and participate in governance. Staking rewards vary based on network activity and participation levels.
In Summary
Staking cryptocurrencies can be a great way for investors to earn money without much effort while helping keep blockchain networks secure and decentralized. But before staking, it’s important to do your homework and think about things like how much you’ll 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 their investments and make steady profits in the ever-changing world of cryptocurrencies.
Important: 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
TREAT debut: First FHE token on mainnet, CEO claims
On Tuesday, the Shiba Inu Treat token ($TREAT) became available on several cryptocurrency trading platforms, and ZAMA's partner in Shiba Inu, Hindi, emphasized the importance of the token in a recent post on X (formerly Twitter). Like many people, I initially thought Shibainu was a memcoin.
It wasn't until I read their manifesto and dug deeper into their ecosystem that I realized what it really is. A network state is a decentralized community that uses blockchain to bring people together based on shared beliefs - in Shiba's case, that belief is that everyone deserves to have fun.
Hindi added: Today, millions of Shibizans use various #Shib products every day. It is one of the most successful ecosystems in #cryptocurrency , and FHE is now a part of it! The CEO highlighted FHE's key role in the Shibizan ecosystem, From decentralized identity to DeFi, from tokens to governance, FHE allows Shibizan to build an entire network of on-chain OS while guaranteeing Shibizan privacy.
He also emphasized that $TREAT is just the beginning, and said that Shibaman ecosystem thought leader Shitoshi #Kusama and technical wizards, including Shibaman engineer Kaala Dhairia, are working on a number of products to take it to the next level.
He also said: We look forward to a long and productive collaboration between Zama and Shib! .
In response, Kusama said: Thank you so much! #TREAT is the first #token to access FHE features. The future is very bright.
Read and understand the long term game, friends:
$TREAT stands for Transactional Rewards for Engagement and Access Token and is the fourth token in the Shibaura ecosystem. It is designed as a multifaceted token that provides transactional rewards and access to a complex architecture of over 30 advanced technologies that form the foundation of Shibainu's network state. Kyle Samani of
Multicoin Capital says, It's ridiculous. It even seems impossible.
He called FHE the Holy Grail of cryptocurrencies.
Over time, FHE will change the structure of all computing, both web 2 and web 3.
Read us at: Compass Investments
It wasn't until I read their manifesto and dug deeper into their ecosystem that I realized what it really is. A network state is a decentralized community that uses blockchain to bring people together based on shared beliefs - in Shiba's case, that belief is that everyone deserves to have fun.
Hindi added: Today, millions of Shibizans use various #Shib products every day. It is one of the most successful ecosystems in #cryptocurrency , and FHE is now a part of it! The CEO highlighted FHE's key role in the Shibizan ecosystem, From decentralized identity to DeFi, from tokens to governance, FHE allows Shibizan to build an entire network of on-chain OS while guaranteeing Shibizan privacy.
He also emphasized that $TREAT is just the beginning, and said that Shibaman ecosystem thought leader Shitoshi #Kusama and technical wizards, including Shibaman engineer Kaala Dhairia, are working on a number of products to take it to the next level.
He also said: We look forward to a long and productive collaboration between Zama and Shib! .
In response, Kusama said: Thank you so much! #TREAT is the first #token to access FHE features. The future is very bright.
Read and understand the long term game, friends:
$TREAT stands for Transactional Rewards for Engagement and Access Token and is the fourth token in the Shibaura ecosystem. It is designed as a multifaceted token that provides transactional rewards and access to a complex architecture of over 30 advanced technologies that form the foundation of Shibainu's network state. Kyle Samani of
Multicoin Capital says, It's ridiculous. It even seems impossible.
He called FHE the Holy Grail of cryptocurrencies.
Over time, FHE will change the structure of all computing, both web 2 and web 3.
Read us at: Compass Investments
$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 $23 support and 200-day Moving Average.
#Kusama
#Kusama
📈$KSM / USDT Breaking Out! 🚀
Kusama ( $KSM ) is seeing significant bullish momentum today, currently trading at $36.69 (+18.35%).
💡 Key Metrics:
24h High: $37.3524h Low: $30.0624h Volume (KSM): 289,292.3824h Volume (USDT): $9.92M
📊 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!
🚨 Keep an eye on the $37.35 resistance level—if 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%).
💡 Key Metrics:
24h High: $37.3524h Low: $30.0624h Volume (KSM): 289,292.3824h Volume (USDT): $9.92M
📊 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!
🚨 Keep an eye on the $37.35 resistance level—if broken, KSM could see further upside potential.
#Binance #Kusama #CryptoTrading #KSM
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🍀One of my bets on BullRun🍀
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
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$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 🔥🔥🔥🔥🔥🔥🔥🔥🔥
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
Highest TPS ever recorded
on a LIVE production network!
128,184 TPS on #POLKADOTE
lab network #Kusama
on a LIVE production network!
128,184 TPS on #POLKADOTE
lab network #Kusama