Approximately 100 parachain slots minus the ones for common good parachains will be available as part of the slot auctions on Kusama.
The auctions use a modified candle auction format, with the end time determined using a verifiable random function.
The launch of the parachain slot auctions on Polkadot and Kusama is undoubted one of the most anticipated events in the crypto space, along with the launch of Ethereum 2.0 in phase 1. While relatively much is already known about Ethereum 2.0, the parachain slot auctions and how exactly they work have been a bit of a mystery until today. To shed some light on the matter, Kusama has now published new details.
According to the current plan, Kusama will launch its parachains about a year before the Polkadot mainnet, and will serve as a value-based testbed for technologies in the Polkadot ecosystem to ensure that the launch of Polkadot’s production environment is as successful and secure as possible.
The Parachains are the key to Kusama’s
