NEO السعر

NEO data

NEO is one of the most famous cryptocurrencies of recent times, presented in 2016 in China. NEO cryptocurrency platform is designed for the exchange of digital assets based on smart contracts. The project offers the simplification of business relationships between people through the use of smart contracts. Thanks to the blockchain-based identity system, as well as the principle of smart contracts, the mechanism will allow for a quick exchange of assets between users using the Neo cryptocurrency without commissions.

Neo and Gas

Neo is definitely a unique cryptocurrency powered by NeoVM. It is known that the token has been issued in full, its further mining is impossible. But for the functioning of the network, the developers created an internal GAS coin. An interesting connection between neo and gas in practice is that the holders of the first daily receive a little gas as a percentage of all transactions. It turns out that neo mining occurs autonomously, without the use of third-party capacities.

The token is traded on all major cryptocurrency exchanges and is consistently included in the top popular cryptocurrencies. Not surprisingly, the team went through many difficulties and overcame them. Even when Chinese regulators began to seriously control the sphere, the OnChain team simply negotiates with the government and implements a modified platform that does not contradict the new laws.

Key NEO benefits: 

1. Using NeoVM (Virtual Machine). NeoVm allows you to conduct about 10,000 transactions per second on the network, this is a huge speed;

2. No commissions within the network’

3. The absence of a race for mining capacities, since the only way to get new NEO apart from buying, is to be a coin holder.

If we add here a solution to the problem of scalability, limited emissions and algorithm support for many programming languages, then the reasons for the popularity and rapid growth of NEO will become clear.

You can learn more about NEO and other cryptocurrencies at Neironix.io