As Cointelegraph reported, Kusama’s to start with parachain auction took spot on June 15th. This is a incredibly critical milestone for the two Kusama and Polkadot. As Kusama is a Polkadot check mapping network, this auction will be a check prior to the Polkadot auction will take spot.
What is Parachain Kusama?
The method of turning into a Kusama / Polkadot chain guard contains:
Participation in the Kusama Auction Project -> Become the Kusama Chain Guard -> Participate in the Polkadot Auction -> Become the Polkadot Chain Guard
Hence, it can be witnessed that all eyes are on this auction.
The venture that wins, turning into Kusama’s chain guard, is additional possible to turn out to be Polkadot’s chain guard.
Coinlive also had an write-up predicting which venture would win the Kusama chain guard auction, listing likely tasks on the recent KSM network.
And from nowadays, 21 July 2021, the auction of five winning slots to turn out to be parachain has also ended. Let’s get a search at these winners with Coinlive and assess how lots of have appropriately guessed the prediction!
five tasks turn out to be parachain Kusama
one. Karura (KAR)
Karura (KAR) is the Kusama model of Polkadot’s Acala Network (ACA) venture.
Category
DeFi Hub – DeFi hub, financial modeling and chain guard governance.
two. Moonriver Network (MOVR)
Welcome to the c @MoonriverNW!
After winning the 2nd chain guard rod, @MoonriverNW now it comes on board as my third chain guard. About six,000 network stakeholders have blocked KSM in favor of incorporating Moonriver to me.https://t.co/KQow7VYqbs
– kusama (@kusamanetwork) June 29, 2021
Moonriver (MOVR) is the Kusama-primarily based model of Moonbeam (GLMR). This is a good contract blockchain venture created on Polkadot, completely compatible with Ethereum. The network is developer-oriented to produce the platform, giving compatibility with the present Ethereum toolchain and developer network.
Category
Smart contract platform: good contract platform on Kusama.
three. Shiden Network (SDN)
Shiden Network is the “sister” model of Astar Network (formerly Plasm) on Kusama.
As stated in the write-up The most current updates on Plasm Network – an elite representative of the Polkadot ecosystem, Astar (Plasm) is also a brilliant identify in the Polkadot ecosystem. Therefore, Shiden is also one particular of the prominent tasks on Kusama.
Category
DApp hub – dApp hub.
four. Khala (KPHA)
Khala (KPHA) is a Kusama make from Phala Network (PHA).
Category
Web3 Cloud Solution – Cloud option for Web3.
five. Bifrost (BNC)
The final winning style and design of the Kusama chain guard auction was Bifrost.
Bifrost is founded on the Polkadot network and is created by Substrate, the underlying layer of NetAssembly, LIBP2P and is primarily based on the consent of the GRANDFATHER.
Category
Liquidity Staking: Staking that delivers liquidity.
Synthetic currency 68
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