10 Things You Must Know About Neo Crypto

10 important things about neo crypto

NEO is a blockchain-based platform that aims to create a decentralized smart economy by leveraging blockchain technology and digital identities.

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The cryptocurrency used within the NEO ecosystem is called NEO, but it was originally known as Antshares.

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NEO was founded in 2014 by Da Hongfei and Erik Zhang, both from China.

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NEO is often referred to as the "Chinese Ethereum" because it is similar to Ethereum in terms of its smart contract functionality and the ability to create dapps.

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NEO uses a consensus mechanism called dBFT which is considered to be more energy-efficient than the PoW consensus mechanism used by Bitcoin.

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NEO has a maximum supply of 100 million tokens, with no further tokens to be created.

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NEO has two tokens - NEO and GAS. NEO is used for voting and GAS is used for transaction fees and to run smart contracts

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NEO has partnerships with several prominent companies and organizations, including Microsoft, Alibaba, and the Chinese government.

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NEO has been recognized by the Chinese government as a legitimate blockchain project, which has helped to increase its popularity in China.

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In terms of market capitalization, NEO is currently ranked among the top 30 cryptocurrencies in the world.

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