Kusama was developed by the same people who founded Polkadot (DOT) back in 2016.
Kusama (KSM) runs on its own blockchain and it currently has a price of $41.55, down from its all time high of nearly $600.
Kusama was developed as a Web 3.0 platform, and also as a testnet.
Sometimes, with some projects, the only way to check whether they’re actually any good is to set them ‘live’, so to speak.
This is why Kusama was developed, halfway between a testnet and a mainnet.
The goal is release projects on Kusama and, if they work, do it again (and better) on Polkadot.
This is basically the equivalent of Sony developing a test video game console to try out finished video games before they’re released on the PlayStation.
In fact, developers call it a ‘canary’ network. This is a reference to the English expression ‘canary in the coal mine’.
When something is used as a canary in the coal mine, it is used as an early indicator of potential danger or failure.
On a personal note, I know the expression but I don’t really know where it comes from. Presumably from the fact that a canary in a coal mine would immediately get its feathers dirty, thus indicating danger.
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