Learn how to set up your Polkadot (DOT) and Kusama (KSM) wallets.
Polkadot is a network protocol that allows arbitrary data and tokens to be transferred across blockchains. Polkadot allows you to build applications that get permissioned data from a private blockchain and use it on a public blockchain. Polkadot's native token, DOT, serves three key functions: governance, staking, and bonding.
Kusama is a scalable network of specialized blockchains. The network is an experimental development environment for teams who want to move fast and innovate on Kusama, or prepare for deployment on Polkadot. The Kusama network is powered and governed by its native token, KSM.
When you create a wallet/address, you generate a key that grants you access to it. The wallet doesn't exist on the Polkadot chain until you add an Existential Deposit.
For Kusama, you need an existential deposit of 0.0000333333 KSM; for Polkadot, you need at least 1 DOT in your wallet.
If your wallet goes below the existential deposit, this will cause your account to be reaped. The account will be wiped from the blockchain's state to conserve space, along with any funds in that address.
Note: You do not lose access to your wallet as long as you have your Recovery Phrase and you can still use the address. However, it will require a top-up of another existential deposit to ensure it can interact with the chain.
How to Create a Polkadot / Kusama Wallet
If you do not have an existing Enjin Wallet 2.0 set up yet, follow this guide on how to set up a wallet.
Once you've set up a new wallet or already have an existing wallet, you'll need to add a blockchain then choose Polkadot / Kusama. Follow this guide on how to add a blockchain.
Add a blockchain then simply tap Polkadot and/or Kusama.
After adding Polkadot and Kusama, it will show up in the Wallet list.
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