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Nepal
1 Level
453 Review
106 Karma

Review on Gas by Syed Adnan

Revainrating 4 out of 5

It works on a unique consensus mechanism.

Obviously, the future of any cryptocurrency is difficult to predict. There are many factors that determine the value of coins. The NEO platform, though it looks like many other blockchain platforms, has identified itself as a strong competitor, especially in large markets such as China.

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Pros
  • The currency has the same dividend as any other currency that excites its partners - as blocks are discovered, coins increase.
  • It is also different from the fact that its value is not fractional. The smallest unit you can hold will always be 1.
  • With its blockchain higher adoption, a growing number of users will use it as a transaction fee. Since there is a limited total supply of currency, economics dictates that prices should increase as adoption increases.
Cons
  • Since there is a limited total supply, economics dictates that prices should increase as adoption increases.