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Review on Neo by Joshua Abbott
NEO is too expensive to use commercially as a smart contract platform.
NEO is too expensive to use commercially as a smart contract platform.
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Pros
- Their team is very experienced at marketing a product and therefore NEO is seen as "the Ethereum of China" (albiet this is not enough to say its a superb project).
Cons
- The thing that concerns me about NEOβ βis that its viewed as a competitor to Ethereum, and have assessed it on its merits, not factoring in the cost of using it. The cost of using a Dapp on NEO is exponentially greater than that of Ethereum. When ICOs attempt to list tokens, it not only costs tremendously more than ETH, but it also has crashed on two separate incidents in which ICOs clogged its network.
