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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on LGCY Network by Gabriel Medina

Revainrating 4 out of 5

A project where people will have total absolute power of it

LGCY Network is a decentralized open source blockchain project. It supports transactions between users, it has incredible programs already integrated as support tools, a tool to execute smart contracts and the Dapp service as a new innovation. It has a good, totally simple digital design with minimal features that are a charm for me, in addition to the organization that it is. Apart from everything, it has a clear similarity with TRON because it previously had support from it. Likewise, it works as a decentralized project without problems.
This project has great potential in terms of its tools to create dapps such as the LGCY Suite where we will find the following characteristics:
  • LGCY Box: It is a framework or room for developers to test and implement their smart contracts.
  • LGCY Web: Connects developers with the blockchain, providing a great experience.
  • LGCY Grid: Provides developers with access to the network of this platform.
  • LGCY Studio: It is a complete IDE with an integrated LGCY virtual machine (LVM). It is simply an improvement on the LGCY Box.
  • The project has very big and ambitious goals that can end up leading it to glory and be one of the most supported and supported blockchains in the world. This will put the community in full control and not just the developers. To finish, I think it is one of the best alternatives that we can get today because other platforms have flaws in every way. Hopefully it meets its goal.

    

    Pros
    • It has a higher speed in terms of transactions.
    • Less commissions and more efficiency.
    • Control by the community due to decentralization and this is stated in the roadmap.
    • LFUEL stable coin that will be given to the community and holders as a reward.
    • It has a team experimenting with good development and open source.
    Cons
    • Its development depends on the community and the support it receives for improvements.
    • It has no profitability in terms of mining.