Review on LGCY Network by Inioluwa Okedeji
LGCY Network: Creating A Legacy For The Future
LGCY (Legacy ) network is supported by a decentralized open source code.
This network acclaims to be a decentralized app that is based on the blockchain network.
LGCY network makes use of a decentralized Proof-of-stake (Pos) protocol that supports transactions between users
LGCY network supports decentralized applications and smart contracts.
The LGYC network is quite similar to the Tron blockchain.
According to the LGCY road map it is controlled by the community.
It's users and holders are rewarded with the LFUEL stable coin for holding and usage.
Its team of innovators are actively working and seeking more innovations to be developed to make this project better.
I think this project has a bright future ahead of it, with the tireless efforts by the team of developers and the fact that sooner or later the community will have full control and not just its developers, is something to watch out for.
Pros
- LGCY network is a decentralized open source network.
- It processes transactions with leading speed.
- It has a very flexible utility
- Users are rewarded for the usage of the network
Cons
- This network is still a developing one
- It's mining network is not profitable
- This network is quite unpopular
