$DOT is more stable & secure, while $KSM's key benefits are
➤ Gain valuable feedback
➤ Make on-the-fly governance decisions
➤ Quick implementation of new innovations
Full list below
3/ $KSM is called many different things; $DOT's brother, wild cousin, whatever, it does not matter
Just know that $KSM is an experimental network for $DOT. This means that code (new updates & innovations) will be run on $KSM first
4/ It is important to clarify that $KSM is a fully functional, robust animal & is taking a whole life of its own
As per Parity, "over time the networks will evolve independently, converging or diverging according to the decisions of their respective communities"
Expect Chaos 💥
5/ But why do projects, e.g., $MOVR/$GLMR & $AIR/$CFG deploy on both $KSM and $DOT?
Basically, they FOLLOW THE SAME DESIGN as $KSM & $DOT
Take, $AIR ($KSM) & $CFG (planning $DOT) for example
$CFGs plan is to make a wide variety of RWAs available to use as collateral
6/ These Real-World Assets (RWAs) (e.g., rare NFT's) will experiment on $KSM first - that's why $AIR ($CFGs "brother") was formed
Once everything on $AIR (on $KSM) is running smoothly, then they can also deploy these new RWAs on $CFG (on $DOT)
7/ $MOVR ($KSM) and $GLMR ($DOT) is the same thing
$MOVR will test out any new coding (updates, new innovations) or even projects on $MOVR first. Then they will be in a better, safer position to deploy these changes on $GLMR (on $DOT) afterward
8/ It is up to people's own preference if they prefer $KSM over $DOT or vice versa
I love $KSM more because it is "wilder" than $DOT. It endures all the risk for $DOT & it will see new updates and innovations before $DOT
9/ The same applies for all projects building on $KSM $DOT too, eg. $MOVR/$GLMR & $AIR/$CFG
Both $MOVR and $GLMR will have their qualities just like the same architectural design principle of $KSM $DOT
This also goes for any projects that are planning to deploy on $KSM and $DOT
10/ So do you buy one or both, #KSM & $DOT, $MOVR & $GLMR, etc
Its totally up to yourself based on your own preference
They both have their unique advantages & based on Parity, they will both evolve independently, so who knows what is going to happen!
Hopefully this helped 💪
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✅ Project Data
✅ What Is $RMRK
✅ What Is RMRK Solving
✅ Value Prop
✅ Under The Hood
✅ RMRK & Statemine
✅ Singular
✅ Kanaria
✅ Fundraiser
✅ Nested NFTs
✅ Forward Compatibility
✅ On-Chain Emotions
✅ $CFG & $AIR
✅ What Is It
✅ Asset Originators
✅ Lenders / Investors
✅ Problems with Traditional Banking
✅ Value Prop
✅ $KSM parachain
✅ How Does to Altair Operate
✅ Tokenized Assets
✅ NFT's & P2P Protocol/Node
✅ Tinlake
✅ Revolving Pools
$MOVR has an annual inflation rate of 5% plus a deflationary model
Is it good or bad? IMO, it's neutral & I will explain why
So let’s break it down 🔽
$MOVR $KSM $GLMR $DOT $KILT $AIR
2/ $MOVR - What Is The Inflated Supply For?
➤ 1% - Incentivizing collators (security, as per $KSM design)
➤ 1.5% - Maintaining a parachain slot in perpetuity
➤ 2.5% - Staking & help power the collator selection process
$MOVR $KSM $GLMR $DOT
3/ $MOVR DEFLATION Mech
Moonriver has a deflationary model that counteracts a proportion of the Inflation
MOVR's transaction & smart contract executions fees are burned & allocated as per below
➤ 80% - acts as deflationary force
➤ 20% - go to $MOVR's on-chain treasury
1/ So what is all the hype of @MoonriverNW about & how can we benefit from it?
If you want to invest in it, know what you are investing in first.
The thread below aims to explain $MOVR in a non-"techy" simplified way.
2/ First off, regardless of the potential profit to be made, the value that $MOVR brings is nothing short of incredible. Crypto heads who have been in the space for few years & have been following the tech will appreciate the innovations at play here
3/ Anyone who has sent an ETH transaction knows the pain associated with it. Sloths can move faster than ETH's TPS, not to mention the high gas that Mr. Sloth demands 🦥
Check out the money you wasted on gas in this painful exercise: fees.wtf