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NEO (NEO)

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NEO Coin (NEO) is a cryptocurrency made by Da Hongfei and OnChain in 2014. It is a decentralized blockchain based platform for digitizing real world assets using smart contracts on the blockchain.

Neo is often described as the next generation smart economy platform and is also dubbed as the “Chinese Ethereum”. Founded as Antshares, the project rebranded to Neo in June 2017 in front of 200 attendees at the Microsoft HQ in Beijing. 

Similar to Ethereum, Neo allows developers to use their platform to develop and deploy decentralized applications upon its network. However, Neo provides a plethora of tools that allows developers to efficiently deploy and scale smart contract dapps on Neo. Most importantly, the Neo Virtual Machine allows developers to code in multiple mainstream languages, including C#, Java, Go, Python, which means they no longer have to learn a new coding language to develop on the network as in Ethereum which requires developers to learn Solidity.

The Neo blockchain uses neither PoW or PoS as a consensus mechanism. Instead they chose to use a delegated Byzantne Fault Tolerance dBFT consensus mechanism that can support a transaction per second speed up to 10,000.

In order to digitize real word assets on the blockchain, Neo uses X.509 Digital Identities which also helps projects in complying with regulations regarding AMC/KYC. Along with digitizing assets, Neo will also create a smart network for Digital Identities which will allow users and companies to create electronic digital identities to be accessible through multi-factor authentication systems such as fingerprint reading and facial recognition.

In this tag you can discover Neo Coin (NEO) news, price prediction, opinion and analysis created by users.


UST 2.0 – Not what you think

28 Apr 2022 7 minute read 0 comments Bit Brain

Introduction There are different types of stablecoins. Some are collateralised by a fiat currency (e.g. USDT), some are linked to a basket of fiat currencies (e.g. that Facebook abomination coin), some are linked to a fiat currency and are collater...

Big Breakthrough For Neo Coin Neo Breaks Out Channel And Inverse H&S At The Same Time

19 Feb 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...

Neo Coin Is At The Long-Term Support

14 Jan 2022 1 minute read 0 comments moon333

  Don't forget to upvote/tip and share the post, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a free account on t...

This Is How Every Year Neo Coin Gives Wonderful Buy The Dip Opportunities

5 Jan 2022 1 minute read 1 comment moon333

  Hi dear friends, hope you are well and welcome to the new update on NEO coin.Daily wedge and triangle:On a daily time frame, Neo coin has formed a falling wedge pattern, now the movement is squeezed because at the end of the wedge a descending tri...

Simple Technical Analysis - An example via NEO price prediction

22 Nov 2021 2 minute read 2 comments Mchoeti

Technical Analysis - Can you do it ? Well i am not the best pro trader and no i do not have my own youtube channel.  I am just a simple TA guy which loves crypto and statistics.And yes i have seen so many turorials and i was following so many calls....

It Will Be Another Giant Move Of NEO Coin | NEO Coin Price Prediction

13 Jul 2021 1 minute read 0 comments moon333

  Brokedown the rising wedge:On the 4-hour chart, the price action of the NEO coin was moving in a rising wedge pattern and as it is a bearish reversal pattern, therefore, the price action eventually broke down the support of this rising wedge but s...

Withdrawing Altcoins On An Exchange For Free? Yes You Can!

10 May 2021 2 minute read 1 comment SBenbow

It's not a scam.  You just have to choose the right altcoins to move, and then convert them back to the ones you want to keep! Spoiler Alert : NEO, IOTX, ONE, ONT, ZIL (for those of you who don't want to read the whole article!) I previously posted a...

Poly Network Blockchain Review

6 May 2021 5 minute read 0 comments eqariu

The ability to interlink different blockchains to facilitate cross-chain transactions and data transfer is detrimental to the success of blockchain technology.  Currently, most blockchains operate each one separately with limited ability to transfer...

NEO, a forgotten deal ?

3 May 2021 1 minute read 0 comments Feder

  Just thought to refresh your memories with some background work on NEO. The common founders of NEO and Onchain envision that they will be able to achieve cross-chain interoperability in the future. That is, a mechanism will be developed to connect...

GAS formed bullish Gartley for upto 48.5% rally

2 May 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well and welcome to the new update on the GAS token with BTC pair.On the 2-day time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 25 simple moving average support i...