Kusama

Kusama is a public blockchain network that shares the same codebase as Polkadot. Its primary purpose is to serve as an experimental and development environment for new features destined for deployment on Polkadot. Owing to its experimental nature, Kusama's development speed is accelerated, and it has gained significant momentum since its launch in 2019.

Regarded as an early, highly experimental iteration of Polkadot, Kusama operates under real economic conditions. The network's ownership lies with the community, ensuring there's no centralized control or termination possibility. As long as the community sustains it, Kusama will continue to exist. It's anticipated that Kusama will facilitate new functionality and projects preparing for development and deployment on Polkadot.

Conclusion

In conclusion, Kusama plays a crucial role in testing and developing features for Polkadot under real-world conditions while fostering a decentralized community ownership model. To stay updated with more cryptocurrency news like this, we invite you to explore further on Global Crypto News.