New to The Street TV airs the in-studio NASDAQ Marketplace interview, Mr. Justin Waiau, Co-Founder at LGCY Network (CRYPTO: LGCY) ($LGCY), a decentralized blockchain community, using a Delegated Proof of Stake (DPoS) algorithm. Anchor Jane King and viewers learn more about the Company, which launched its platform in January 2022. Justin explains the $LGCY ecosystem and how its governance works. The platform has 27 governing bodies which vote on network proposals which allows staking based on favorable vote outcomes and eliminates any single significant holder control over submissions. The network resolves three problems in crypto uses, volatility, centralization within other blockchains, and other exploitations. As a decentralized platform, LGCY Network will use USDL as a stable gas token for transactions on its blockchain. That means that people who stake or run nodes with LGCY tokens will earn payouts in a safe, stablecoin rather than in a volatile token. The stable token gas fee offers many benefits to developers. The roadmap ahead includes a native DAX (Decentralize Exchange), native wallet extensions, more DeFi solutions, and integrations of other crypto trading exchanges. Viewers can learn more about LGCY Network by visiting the website, https://lgcy.network/.
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