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Review on Neo by Supertuck Cyclist

Revainrating 4 out of 5

About Neo

As most people know, Neo is a project inspired by Ethereum. Neo, referred to as Chinese Ethereum, is focused on decentralized blockchain and there are already rumors that it will defeat Ethereum. I also know that they are working with the Chinese Regulatory Authorities on the second version of smart contracts.

Neo features

While other cryptocurrencies use the proof of service concept, the Neo business model is built on proof of work.
It has a smart economy system that allows you to put your physical assets on the blockchain and profit transparently.
I have friends who say that they earn 0.03411 Gas annually by keeping 100 Neos in their wallet.
Finally, I want to say that, unlike Ethereum, an ecosystem can be created on Neo without programming knowledge.



Pros
  • decentralized platform
  • staking
  • generating GAS
  • smart contracts
Cons
  • none

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