LGCY Virtual Machine

Introduction

LGCY Virtual Machine (LVM) is a lightweight, Turing complete virtual machine. Its goal is to provide a blockchain system that is efficient, convenient, stable, secure and scalable.

LVM initially forked from TVM and can connect seamlessly with the existing Solidity smart contract development ecosystem. Therefore, LVM also supports DPoS consensus.

LVM employs the concept of Energy. With mainnet enacting, energy will be paid out in a tradeable stable coin called USDL. The Energy system is different from the Gas mechanism on EVM, operations of transactions and smart contracts on LVM are free, with no LGCY consumed. Technically, executable computation capacity on LVM is not restricted by total holding number of tokens.