Review on LGCY Network by Orlymar Córdova
LGCY Network: Towards true decentralization
Every day there are more projects that make use of blockchain technology in order to definitively become independent from the controls imposed by institutions or government entities. In many strategic areas, especially financial, we could say that we are in a process of transition from centralization to decentralization. LGCY Network is one of the projects that seeks, through the implementation of the open source blockchain and the Libertas protocol, to establish itself as one of the most decentralized projects worldwide.
The project was born as a fork in the tron network, which inherits the same security and reliability characteristics but incorporates great advances, mainly in terms of scalability, and more than 2000 transactions per second can be handled.
LGCY offers us a very valuable set of tools to develop decentralized applications which are: lgcy box, lgcy grid, lgcy studio and lgcy web, and which are focused on giving priority to the community through a democratic governance system that rewards the token holders and gives them full control over the decisions made in the project and over the future of the ecosystem in general.
Pros
- The cost of transactions with LGCY is almost zero.
- It offers very high levels of scalability since it can handle more than 2000 transactions per second.
- It has a team of developers and experts in software engineering very dedicated to the project.
- The community is rewarded with the lfuel token with which many benefits can be obtained in the ecosystem.
- The entire community can decide on the decisions that are made in the project as long as they have tokens in their wallet.
- They have managed to meet certain objectives of their roadmap several months in advance.
Cons
- There is little information on the web about this project and it is not very popular yet.
- Your token continues to have a very low value in the market.
