Kusama (KSM) is a scalable block network, it is the test net of the Polkadot network. Due to this fact the network is also known as the canary network. Its function is to give fault notification to the Polkadot network when a number of new technologies are introduced into it.
Advantages and Disadvantages of Kusama (KSM)
Despite being a test network, the network is very popular and many projects have chosen to belong to this network. One of the decisive factors is due to its innovative character thanks to being a “Testnet”. Thanks to the fact that many project developers come to Kusama, it enjoys a rapid growth and increase in value. Contrary to what you might think, the tesnet has its own economic reality.
Advantages of Kusama (KSM):
- Constant introduction of innovations. Due to its nature as a testing network, it becomes an attractive network for projects of a more cutting-edge nature.
- Kusama’s network is a very attractive network for projects of a more cutting-edge nature.
- Interoperability of the network, since it is a reproduction of the Polkadot model. It is composed of Relay chain (main chain) and Parachains (secondary chains).
- Parachains, as it is the reproduction of the Polkadot model.
- It is a scalable network, the fragmented chains allow the parallel execution of transactions.
- Decentralized governance. It incorporates a voting system for users, as well as being able to invest in parachains through auctions. In addition each subchain can have its own governance protocol independent of Polkadot’s.
Disadvantages of Kusama (KSM):
- Less secure. The network is more vulnerable to malicious attacks than its big sister Polkadot, largely due to the continuous introduction of innovations and technologies, which can lead to security breaches.
- Inflationary model. Like Polkadot, the network follows an inflation rate of 10% per year.