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KILT Protocol wins Kusama parachain auction

KILT Protocol, an open-source blockchain protocol for issuing self-sovereign, anonymous and verifiable credentials wins the sixth Kusama parachain auction and has launched its mainnet.

Kusama is Polkadot’s canary network for blockchain developers. For course, For Developers to build and test out their code as well as products and services.

KILT Protocol got massive support from its community for its participation in the auction.

The project hit its max cap of 220,000 Kusama (KSM) for the Kusama parachain auction crowdloan on Sept 1..

“THANK YOU to our passionate community for supporting KILT in the #6 auction. Our 12,211 contributing votes placed KILT firmly in the lead,”

KILT Protocol tweeted following its win.

KILT Protocol founder Ingo Rübe said the project will start onboarding its global network of collators.

It develop governance and treasury, adding KILT functionalities such as Decentralized Identifiers (DIDs) and Verifiable Credentials. That will complete its next steps and achieve decentralization in the next two to three months.

Collators and Slot

However, KILT Protocol announced its first batch of 16 “collators”. This group will handle data of the blockchain, collect transactions and build blocks.

China-based Glacier Blockchain Technology, with whom KILT Protocol founded the Web3 Identity Lab in Berlin and Yantai. China are part of the collators.

Polkadot, with the limited number of parachains that can support on the main relay chain while the slot auctions will handle the parachains selection on it.

Acala’s Narura Network, Moonbeam’s Moonriver Network, Astar’s (previously called Plasm) Shiden Network, Phala’s Khala Network and Bifrost reserved their Kusama parachain slots in the first batch of auctions earlier this year.

Polkadot blog post on the second batch of Kusama parachain auctions:

“While our recommendations for the parachain launch on Kusama are cautious due to the uncertainty of the new environment, this experience paves the way for a swift and fluid scaling of Polkadot to the same level of sharding because the technology is proven. The more that Kusama is stress-tested, the faster and easier it will be for a smooth Polkadot rollout.”

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