While Ethereum and NEO are both trying to serve the same market, they differ from each other on many factors.

Let’s compare them on some of the fundamental factors.

* Adoption by developers NEO has found instant support among the developer community because it supports programming in multiple languages like C++, C#, Go, Java. So, anyone with a knowledge of one of these languages can start building projects on the NEO blockchain. Now let's see Ethereum in the Neo vs Ethereum adoption. Ethereum, on the other hand, allows coding only in one language — Solidity. Moreover, Solidity is a new language (it was designed by the Ethereum founders exclusively for Ethereum) so there are very few people who know it. So, anyone who wants to build DApps or smart contracts needs to learn this language first.

* Transaction Speed NEO can handle about 10,000 transactions per second whereas Ethereum blockchain currently supports around 15 transactions per second. As you can clearly see, there is a huge gap in the transaction speed. At a time when both Bitcoin and Ethereum are struggling to increase their speed, NEO provides a great alternative.

* Divisibility Ethereum (Ether) is divisible into smaller units (gas) but NEO is indivisible. Yes, that’s right! NEO is one of the very few currencies which cannot be divided, just like the stocks of a company. So, you cannot transfer 10.5 NEO or 1.2 NEO as it only exists in whole numbers. And that’s the reason that it needs another token, GAS, which is divisible.

* Government support China is known for creating its own alternatives of the popular western service like Alibaba against Amazon, WeChat against WhatsApp, Baidu against Google and so on. Similarly, NEO is being looked at as China’s answer to Ethereum. NEO is the first and biggest Chinese cryptocurrency and is allegedly supported by the Chinese government.

Ethereum, on the other hand, isn’t supported by the Chinese government. NEO has a great opportunity of capturing the massive Chinese market and other Asian markets. So, these are the main points of differentiation between Ethereum and NEO. Looking at the advantages offered by NEO, it is clear why it is being referred to as the next Ethereum.

**Important!

Keep in mind, that the thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc. THIS IS NOT INVESTMENT ADVICE.