Kusama network set to launch its next five parachain auctions

840 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvZDI4NDYzZTUtMzZjNS00YWRkLTk5NGEtODExY2VkYzEwNDkzLmpwZw c1OujG

The Kusama Council is set to announce a further five parachain auctions after a successful $450 million TLV in the first round back of June 2021.
Kusama is a platform that acts as a test environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial-and-error nature of Kusama, developers can benefit from a less stringent governance framework, as well as lower staking requirements than they would experience on Polkadot.Following the debut success of its parachain auctions back in June of this year, the Kusama Council is set to approach a further five auctions scheduled for the coming weeks.Parachain auctions on Kusama adopt a rare historical method of auction analysis called the candle method, whereby users will bid during a fixed allocated auction time, staking thei

Czytaj więcej

Źródło: https://cointelegraph.com/news/kusama-network-set-to-launch-next-five-parachain-auctions

Total
0
Shares
Dodaj komentarz

Podobne Wpisy