Cryptocurrency NEO official website
Cryptocurrency NEO has its official site, which has a domain name neo.org, although before that it was called antshares.org.
At the moment NEO occupies the 9th place in the rating Coinmarketcap with the capitalization of $1,650,680,000 and the cost of one coin $33.01. In the algorithm Neo is laid 100 thousand coins, although at the moment in circulation is only half-50 thousand. The remaining 50,000, hang locked in a smart contract, and a year after the start of the project, ie this month, they are unlocked, and will go on to further develop the project, i.e. they are not sold. The exchange designation of cryptocurrency NEO is ANS, which remains from the old name of the project.
What is cryptocurrency NEO
Cryptocurrency NEO was created on September 9, 2016, more precisely at this time there was an opportunity of its purchase on exchanges. NEO is not the first name of this project, initially the project was called Ant shares, and even under this name they showed their potential, because in the project the main thing is not the name and idea. It is important to note that cryptocurrency Neo is called the Chinese Ethereum, and we will try to understand this. First, Neo includes all the features of the Ether. Second, Neo will work very much like a work Ether. For example, in the Ether network, in order for a transaction to occur, you must pay for it in the form of gas. The developers of Neo did not hesitate and adopted the same name.
The model of work cryptocurrency NEO – Proof of stake, i.e. in order to receive new coins, i.e. this gas, neo it is necessary to have them in the purse. According to information from some sources, 1000 coins Neo, will generate 0.5 gas per day, ie to receive one Gas per day, you will need 2000 coins Neo, on your purse. With this model mining cryptocurrency NEO, with the help of equipment-is not relevant. Over time, this Gas will also be traded on the stock exchange, and will cost as 0.1 ANS.
Cryptocurrency Neo uses in his work the same smart contracts as Jefirium, but to write this contact programmers do not need to learn a special language-as on the air. To write a smart contract in Neo, you are available in languages such as C Sharp, JAVA and Go. This significantly improves the competitive position of Neo, in the sense that tens of thousands of programmers already know these languages, and they will not need to learn a new language to develop their projects or programs on Neo.
Scalability Neo is very thoughtful, and according to the developers, is ready to handle a million transactions without problems. In the future, the block generation time will be equal to one second. For example, the time of generation of one block in Blockhain Bitcoin equals about ten minutes.
More recently, the project NEO began cooperation with the company No space – a Chinese platform for startups, and if their cooperation will be fruitful, many Chinese new companies will work on Blockhain Neo, which would increase the demand for Neo.
Where to buy the cryptocurrency NEO
At the moment, cryptocurrency NEO coins are traded on various exchanges, so you can buy them there. The most popular exchanges for trading cryptocurrency Neo are the exchanges Bittrex, Bitfinex and Binance. The volume of trades on these exchanges makes about 80 percent of all trades on this cryptocurrency. Most often there are trades NEO vs BTC.
Perspectives of the cryptocurrency NEO
In terms of security and legality, the developers of Neo also were tired. They work, well how they work, trying to meet the requirements of the Chinese government. To further, there were no problems with the introduction of their technologies in the business. Roughly speaking, the activity of NEO is legal.
More recently, the project NEO began cooperation with the company No space – a Chinese platform for startups, and if their cooperation will be fruitful, many Chinese new companies will work on Blockchain Neo, which would increase the demand for Neo.
Cryptocurrency NEO: forecast
As for the predictions, we believe that in 2018, the cost of Neo will be equal to at least 100 dollars for one coin. The main experience for us is the unlocking of the second part of the coins, more precisely, its entry into the market, because it can slightly weaken the course of NEO. Although, as all traders know, when the market or cryptocurrency at the bottom, it is time to buy.
More available information in Russian about cryptocurrency Neo, you hardly find. If you do not have enough information, you can read our first article about NEO, it is here. Or go and read the White paper NEO on the official website. On this all dear friends, with you was a blog about cryptocurrency Bitbetnews, before the quick meetings. And yes, do not forget to share this article in their social networks, buttons under the heading.