Kusama Stake on a Wild Ride for Blockchain Interoperability

Kusama Stake on a Wild Ride for Blockchain Interoperability

Staking platforms have begun to cast light upon the experimental community research and development network known as Kusama (KSM) in preparation for their users to delegate tokens and earn rewards.

Since launching in the summer of 2019, Kusama has served as an unrefined testing ground for the Polkadot sharded blockchain that assumes numerous blockchains will eventually exist and interact so will need a united form of scalability, interoperability, and security in order to transfer value.

Freed from the necessary conservative and cautious nature of its parent, Kusama has come to be known as Polkadot’s wild cousin.

Let There Be Chaos

Polkadot was the brainchild of Web3 Foundation’s Gavin Wood who is a co-founder of Ethereum and the inventor of the Solidity programming language used in smart contracts.

When he announced the formation of Kusama, Wood described the network as the “canary in the coalmine” for Polkadot as it would warn “…of issues to keep things safe for the developers downchain.” 

He was also candid about the network’s prospects and noted “We are building bleeding-edge, experimental technology, which means there are no promises about what Kusama will do or how it will work – expect a lot of chaos (and a little fun).”

That chaos and fun has now evolved to a level where users will be able to stake their KSM tokens as Polkadot migrates from a Proof of Authority (PoA) to Nominated Proof of Stake (NPoS) model.

Staking platform Lunie have advised they “…plan to roll out the Kusama Network features gradually to garner feedback from the community.”

Everstake have taken a different approach due to the product’s complexity and have instead published “…a step-by-step tutorial which will help you understand completely the staking process on the Kusama network.”