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Kusama (KSM) council announces early start for next batch of parachain auctions

Published by Juhi Mirza on CryptoSlate

High-speed “layer-0” blockchain Kusama has made a recent change in its schedule regarding the impending parachain auctions.

One of the community council members has suggested a new proposal inviting votes from other members seeking one auction per week for the next seven leashes.

What are parachains and why are they important?

Parachains can be defined as custom, project-specific blockchains that are incorporated within the Polkadot and Kusama network. These parachains are open for customization for any use cases and are attached to the main relay chain, which is a key component of the network th....

Read More: CryptoSlate


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