$QUAN LGCY Network utilizes a Delegated Proof of
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$QUAN LGCY Network utilizes a Delegated Proof of Stake system of government. Governing Bodies are a group of incentivized and educated delegates that vote on network proposals. Not everyone should be allowed to vote on what changes need to be made on a network (as in the classic Proof of Stake system). But token holders should be allowed to have their vote represented by a qualified delegate.
The biggest contribution to this new system is USDL. USDL is a stable gas coin that is backed by network fees. The biggest issue with building a decentralized application (besides speed and low fees) is volatility. By backing 1 USDL with approximately 1 USD worth of network fees, projects are able to budget properly.
As an added benefit, with a stable gas token users can exchange funds without worrying about skyrocketing gas fees. Cryptocurrency will never be useful for buying and selling goods in a system where gas fees cost more than the merchandise.
Sorting out gas fees and transaction speeds was only half of the initial problem. What about the long addresses, no room for error, and general non-intuitive nature of cryptocurrency as it stands?
The solution to this is the LootUp App.
quantum-international-corp-quan-provides-the-origins-of-the-lootup-app-and-the-technical-reasons-it-was-conceived-2022-04-25?mod=mw_quote_news_seemore" rel="nofollow noopener noreferrer ugc" target="_blank">quantum-international-corp-quan-provides-the-origins-of-the-lootup-app-and-the-technical-reasons-it-was-conceived-2022-04-25?mod=mw_quote_news_seemore" rel="nofollow noopener noreferrer ugc" target="_blank">quantum-international-corp-quan-provides-the-origins-of-the-lootup-app-and-the-technical-reasons-it-was-conceived-2022-04-25?mod=mw_quote_news_seemore" rel="nofollow noopener noreferrer ugc" target="_blank">quantum-international-corp-quan-provides-the-origins-of-the-lootup-app-and-the-technical-reasons-it-was-conceived-2022-04-25?mod=mw_quote_news_seemore" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.marketwatch.com/press-release/quantum-international-corp-quan-provides-the-origins-of-the-lootup-app-and-the-technical-reasons-it-was-conceived-2022-04-25?mod=mw_quote_news_seemore
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