Near-Earth Objects (Near-Earth Objects): Open network for smart economy
New quick statistics
|Date of creation:||February 2014|
|progression stage:||full version|
|algorithm:||SHA256 / RIPEMD-160|
|Proof type:||Proof of equity|
|Block target:||15-20 seconds|
9day The largest cryptocurrency, with a total market value of more than 3 billion U.S. dollars, NEO payment processing Available through CoinPayments.
NEO has quickly become China’s leading smart contract platform since it changed its name from Ant Stocks (ANT) in 2017. As a currency, it is inevitably compared with the similarities of the Ethereum blockchain. Both Neo and Ethereum are open source, Turing-complete platforms, specifically designed to host smart contracts and initial token issuance (ICO ) And dApp, respectively, are driven by encrypted assets.
NEO contracts support multiple coding languages such as C#, Java, and Go, allowing developers to easily write smart contracts and dApps.
On the NEO blockchain, users can register, trade, and circulate digital assets.
NEO includes two native tokens, NEO and GAS. The upper limit of NEO tokens is 100 million tokens, representing the shares held in the NEO ecosystem and the right to distribute dividends in the form of GAS-a proof of equity, similar to the incentives generated by each new NEO block. Make a form of payment and pay to Neo’s shareholders. GAS powers the Neo ecosystem and powers smart contracts and tokens built on the NEO blockchain.
NEO was developed by OnChain, a reputable Chinese financial technology company that designs and creates blockchain solutions for enterprises, and has recently cooperated with well-known technology companies such as Alibaba and Microsoft China.
Although China’s notorious domestic cryptocurrency trade ban has had a devastating impact on the cryptocurrency market, it has also been a fanatical supporter of blockchain, agreeing that assets, finance, and digital identities can benefit from P2P technology. NEO continues to expand rapidly, becoming the most attractive and successful Chinese blockchain project to date. Although it has not been officially recognized by the Chinese government, NEO developers have been invited as VIP speakers for government-sponsored blockchain events .
NEO does have a long way to go, but China has a special affinity for local companies willing to abide by its strict rules, positioning OnChain and NEO as China’s first fully regulated cryptocurrency frontrunners.
More information about NEO
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