What currency is kusama (what currency is kbu)
What currency is kusama? According to the blockchain browser, Polkadot is currently one of the most popular public chains, with over 3000 verification nodes participating in the project. In the Kusama network, only a small number of verifiers can successfully launch parallel chains, while most of the remaining people are not qualified to participate in the test network phase, which is similar to Bitcoin and Ethereum So what is Kusama? Simply put, the first version of Poka was an application platform founded by Dr. GavinWood, aimed at providing developers, users, and other encryption enthusiasts with an environment where they can use Substrate to build applications and easily create dApps based on it. It is also a governance token and an economic incentive measure to encourage and fund the development and adoption of new technologies
What currency is kbu
According to official information, kbu is a KFU project token. It is a new type of digital currency (ERC-20) that can be used to pay transaction fees and participate in mining and other activities; At the same time, it can also support liquidity mining for decentralized exchanges and decentralized NFT auction platforms It is reported that kBU is an ecological token (non circulating token) issued by KuCoin for community governance and value creation, aiming to achieve the implementation and application of blockchain technology by providing a more transparent and trustworthy way.
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