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Review on Neo by himanshu sharma

Revainrating 5 out of 5

Due to China banning ICOs, NEO couldn't grow to its true valuation with use…

Due to China banning ICOs, NEO couldn't grow to its true valuation with use case with the market, which is necessary for further stimulating the ecosystem. NEO and Ethereum may very well exist with each other as NEO dApps are a lot focussed on the Chinese markets and economics. Ethereum occupies a different role. I believe NEO has a lot of potential to grow, and 1 NEO may very soon be a rare and cherished thing to own.



Pros
  • Potential scalability, easier access to developers because they can develop dApps in easy to access languages like C# and Python, close to chinese govt and in good position to influence policy, lot of potential to grow worldwide, lot of ICOs about to be functional
Cons
  • Can only withdraw to wallets in full numbers, centralized with a central board and head, only 7 nodes, scalability issues due to some past ICOs but not with the NEO blockchain but wallet dev teams, high price for entry for dApp developers (500 Gas)

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