Moonriver parachain gains liftoff at Kusama

    As the initial five Kusama parachain auction winners have been chosen between June 15th and July 20th, Moonriver, a community-driven sister network to the Moonbeam Foundation, became among them. Kusama is the sister network of Polkadot, serving as a testbed where much of the innovation is unfolding. Similarly, Moonbeam has its own sister that serves…

    Parachains – future of the real decentralized web

    Parachains provide an original alternative to the current centralized internet infrastructure with its weaknesses. How does it works, explained by Alex Siman, founder of Subsocial, a Polkadot-based decentralized social network platform. The upcoming Ethereum London upgrade, along with the launch of Polkadot and Kusama’s parachains, has delivered a piece of good news to the crypto…

    Polkadot features help to develop Facebook’s blockchain environment

    Built on Polkadot, Pontem Network, a decentralized application framework, has partnered with Pinknode service provider to develop an experimental test environment for Facebook’s Diem blockchain-based payment system. It will lay the groundwork for various applications to join Diem’s network, providing decentralized finance and other features to Facebook’s users. Diem Association, the rebranded Libra cryptocurrency project…

    Who are five Kusama Parachain auction winners

    After months of waiting, the initial five Kusama Parachain auctions went off without a problem. The process was conducted between June 15th and July 20th, and five winners have been chosen. Let’s take a closer look – who are they? Parachains are custom, project-specific blockchains Integrated within the Polkadot and Kusama networks. Users can customize…

    Next Generation Of Token Offerings: How Do Kusama Parachain Auctions Work?

    The ongoing Polkadot and Kusama auctions generate a lot of buzz in the crypto community. These twin networks, founded by Ethereum co-creator Gavin Wood, give developers an advantage to create new crypto assets and decentralized applications on top of the network, which is interoperable with other blockchains. The auctions are an important step in the…

    What Is Kusama (KSM) Protocol?

    Kusama, often called “Polkadot’s Canary network”, is designed to facilitate an audit system for Polkadot. Here’s a guide to deeply understand all that Kusama entails and its relevance in the industry. The blockchain industry continues to grow as new and better developments are storming the field. Asides from the need to build innovations that would…