1. @Polkadot is a platform on which blockchain networks are built and connected into one unified network. It is essentially an L0 on which L1 networks are built.
2. Kusama is like Polkadot’s cousin. It is similar in a lot of ways, and is considered the “canary” or “testing” network.
3. The blockchain networks built on Polkadot are called parachains. Polkadot serves as the decentralized blockchain that connects all of these parachains and allows them to communicate seamlessly and efficiently.
4. Polkadot’s main goal is to be scalable. Polkadot will serve as a decentralized blockchain that connects other blockchains and enables permissionless communication between them. Accomplishing such would revolutionize the way blockchains operate with one another.
5. These are the six key challenges that Polkadot is solving: 
6. DeFi built on Ethereum, Cosmos, or Bitcoin will be able to communicate within the Polkadot ecosystem using a bridge. This is going to give future applications and users a lot of flexibility.
7. Kusama is the exact same as Polkadot. There is one key difference though. Kusama is built for speed and experimentation.
8. To use the Polkadot and Kusama networks, parachains must be leased. So far this leasing has been done through auctions and staking $DOT or $KSM. Last June Statemine the first parachain was officially launched on Kusama.
For a full guide to $DOT and $KSM check out this 101 I wrote:
https://twitter.com/cryptoPothu/status/1503334403132469250
Accounts for $DOT and $KSM insights:
@Pastore1314 @redphonecrypto @PolkadotBoss @polkadotnews @ashwathbk @Brad_Laurie @eliasimos @KaruraNetwork @kusamanetwork @NodleNetwork @enjin @danreecer_ @ManOnTheDot @PolkadotNation @PolkaDotMooN
RT would mean a lot!
@Pastore1314 @redphonecrypto @PolkadotBoss @polkadotnews @ashwathbk @Brad_Laurie @eliasimos @KaruraNetwork @kusamanetwork @NodleNetwork @enjin @danreecer_ @ManOnTheDot @PolkadotNation @PolkaDotMooN
RT would mean a lot!
More accounts for $DOT and $KSM insights:
@NickDGarcia @BrhnKcby61 @TheTeriyakiDon @real_GONFTY @1am_MARI0 @CryptoCapflow @ArticKusama @Wuhantang2
@gunit3124 @amelia_cai_ @yubo_ruan
RT would mean a lot!
@NickDGarcia @BrhnKcby61 @TheTeriyakiDon @real_GONFTY @1am_MARI0 @CryptoCapflow @ArticKusama @Wuhantang2
@gunit3124 @amelia_cai_ @yubo_ruan
RT would mean a lot!
I hope this was insightful. I regularly post 101s and breakdowns. Follow to keep up! Check out my Medium for some of my past write ups:
medium.com/@pothu
medium.com/@pothu
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