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Kusama is a platform that acts as a test environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial-and-error nature of Kusama, developers can benefit from a less
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Acala’s Karura swap has become the first decentralized exchange (DEX) on the Polkadot and Kusama ecosystem, along with launching the first trustless trading pair. Karura Swap Goes Live With $3.4 Million in TVL The announcement was made by decentralized financial hub Acala Foundation in a Medium blog post on Friday (July 23,
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Karura, the Kusama implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the DEX platform is now live, with KSM/KAR being the first trading pair on the exchange.Per details provided by the announcement, Karura Swap has gone live with
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Kusama, sister chain to Polkadot’s platform, is ready for the rollout of parachains on the network.Polkadot and Kusama creator Gavin Wood today said in a blog post that Polkadot was entering the fourth and final phase of its mainnet launch, which involves deploying parachains to the Kusama network. According to
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Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news”. One protocol that has seen its price rise to new rights this week
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Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August.Polkadot’s pseudo-test network or ‘canary chain’, Kusama (KSM), has been among the month’s strongest performers, rallying from less than $10 at the start of the month to an all-time high of $35 two days ago.Less than
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Blockchain interoperability protocol, Polkadot, launched its experimental “canary network” dubbed Kusama, this morning, Aug. 23. In a blog post, the team announced the first deployment in the wild of its protocol, combining “bleeding-edge technical improvements in governance, consensus and scalability.”Limited functionality for soft launchIn order to get off the
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