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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.
23 Feb 2020 1 minute read 14 comments TheCryptoInvestor
The five best cryptocurrencies to invest in this year. Let’s check them out one by one. 1. Ethereum Ethereum is based on a popular dApp processing platform, which is exactly where it receives its power from. According to live price tracker, this coin...
21 Feb 2020 1 minute read 0 comments FarewelltoMinds
Some of you might know this coin, Suterusu, and be ready for it. If not, check it out. I’m hyped a bit myself. And now it’s partnering with NEO! Suterusu, basically, attempts to bring z-cash level privacy to blockchains. Blockchains have suffered fro...
20 Feb 2020 4 minute read 5 comments M87
NEO (NEO) has been referred to as the "Chinese Ethereum" as it is the Peoples Republic of China's first open-source blockchain that is similar to Ethereum (ETH). While it is immune to the Coronavirus, Neo currently is the #19 coin by market cap at th...
5 Feb 2020 8 minute read 3 comments CryptoBoomer
A few years ago, when Fabio Canesin, Fabian Wahle, Ethan Fast, Luciano Engel, and Thomas Saunders announced that they would launch a different kind of crypto exchange, it received a lot of hype from the crypto community (especially from NEO supporte...
23 Jan 2020 7 minute read 0 comments GoCryptoWise
In this guide, we will talk about the different options that are available for those who are interested in buying the cryptocurrency NEO. We will walk you through the different options so that you more easily can decide for yourself which option is t...
19 Jan 2020 3 minute read 4 comments MadMaxx
If you've been following this space, you'd know that I have started a series where I tell you the best cryptocurrencies to invest in for a particular reason. I have done two episodes already. Check out my blog, Psycho Crypto, if you're interested. Bu...
17 Jan 2020 2 minute read 2 comments knohen
Hello again in my Crypto Income series. This time I will take a closer look at crypto platforms. I would really like to tell you how you can stake your Ether to get some rewards, but sadly Proof of Stake is not yet implemented into Ethereum. We will...
7 Jan 2020 1 minute read 0 comments moon333
Price actions of 19th laargest cryptocurrency NEO with Bitcoin coin pair has formed bullish Cypher pattern and entered in bullish potential reversal zone. Lets have a look on the NEO priceline's move: After initial leg (X to A) the A to B leg is retr...
6 Jan 2020 5 minute read 3 comments cryptomagis
One of the first cryptocurrencies to come out of China, NEO used to be called Antshares until it rebranded in late 2017. As one of the breakout crypto systems of 2017, many people have been questioning why it’s important and what it’s able to do. And...
4 Jan 2020 9 minute read 28 comments CryptoBoomer
Blockchain technology extends far beyond digital currencies and store of value use cases, there’s no question about that. Bitcoin maximalists may beg to differ, but there’s no denying there are other cryptocurrency projects building new and innovati...
