LGCY NetworkLGCY
Convert LGCY to your currency
Last Updated on Oct 05, 2025 08:07 AM
What is LGCY Network?
About the coin
LGCY Network is a decentralized blockchain platform that operates as a Layer 1 network. It utilizes a proof-of-stake consensus mechanism, which is designed to be both efficient and scalable. The network's Supernova Mainnet is capable of processing up to 10,000 transactions per second, making it a robust solution for high-volume transaction environments.
Main features
The LGCY Network is built on the Libertas Protocol, which aims to enhance decentralization and governance within the blockchain ecosystem. It is an open-source protocol that supports decentralized applications (dApps) and offers industry-leading transaction speeds. The network's transaction costs are kept low, averaging around $0.01 per transaction, which makes it an attractive option for developers and users alike.
How it works
The governance model of LGCY Network is based on a Delegated Proof of Stake (DPoS) system. This involves a unique Governing Bodies (GBs) system, which is divided into three branches to ensure a balanced distribution of power. By implementing terms and limitations within the governance system, LGCY Network prevents any single large token holder from gaining excessive control, thereby promoting a fair and decentralized network structure.
Wallet for LGCY Network
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Tangem supports networks for LGCY Network
- Ethereum
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LGCY Network FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- LGCY (Legacy) Network isa DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility.
- Cardano is apublic decentralized blockchain platformthat uses proof of stake to achieve consensus. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA.
- Our Beginnings. All the way back in 2014,Doug Robinson, our founder and current CEO, had the vision to launch a solar company, enlisting co-founder and CSO Luke Toone for his extensive sales and management experience. Together, they committed to building something the right way – putting our customers' needs first.
How to secure LGCY Network with Tangem Wallet?
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Why choose LGCY Network wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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