The Kusama (KSM) cryptocurrency has officially migrated to the AssetHub Kusama network (Kusama AssetHub announcement), a system parachain within the Kusama ecosystem. AssetHub (formerly known as Statemine) serves as a specialized chain for asset management, offering enhanced scalability, interoperability, and lower transaction fees.
This migration means that KSM tokens are now natively managed on the AssetHub Kusama network, ensuring smoother integration with other parachains and improved performance across the Kusama ecosystem.
What This Means for BC Vault Users
With the release of BC Vault Application and Firmware version v3.2.0, all users holding Kusama (KSM) will automatically see their funds reflected on the new AssetHub Kusama network.
Key details:
• Update both the BC Vault app and device firmware to version v.3.2.0 or later.
• After the upgrade, KSM balances will appear seamlessly under the AssetHub Kusama network.
• No manual migration or transfer is required — your funds remain fully secure.
Further Reading:
• Kusama AssetHub announcement
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