Polkadot to Open Its Experimental Kusama Soon, “Expect Chaos” on Its Blockchain Interoperability Protocol

Polkadot is ready to launch its experimental version. Named Kusama, the experimental version of the network’s interoperability protocol is set to go live in the coming months. Created by the Web3 Foundation, a nonprofit from Switzerland, the project is very ambitious but kinda wild.

According to the developers, the Kusama version of the protocol will be pretty raw. It is considered to be an unaudited, unrefined and early version of what they expect Polkadot to be.

Gavin Wood, one of the Ethereum co-founders and founder of Polkadot, affirmed that Kusama will be the proving ground of the new technology. The idea is to give developers the freedom to deploy this chain and try out the features in their most raw ways.

This way, they will be able to test the governance, validation, and staking of the new platforms. Expect chaos, though. Wood affirmed that the technology is as experimental as you can get and that there are no current promises about how it will work, so it’ll be complete chaos.

Chaos is pretty much what people will expect, though, as early development is basically pretty messy and only fit for people who really want to tweak with a new system. In any case, the project is highly anticipated within the crypto community.

Last month, Polkadot sold half a million of its tokens, around 5% of its whole supply, during a closed sale. Now, all DOT token holders can claim KSM tokens and start using the experimental network. They will receive the same amount of KSM tokens as they hold of DOT ones.

According to Wood, users who do not hold DOT tokens will also be able to play on this new platform. The company is allocating 100,000 DOT tokens in order to let developers experiment on Kusama.

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Gabriel Machadohttps://bitcoinexchangeguide.com/
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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