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Review on Neo by Martin Randolph

Revainrating 4 out of 5

My personal overview about Neo project 2021

Neo is a blockchain platform for both distributed and on-chain applications. It is a blockchain development firm for businesses and institutions. It provides a platform for completing financial transactions quickly. It is built on BFT technology, a distributed proof of stake consensus mechanism. One of its most appealing features is that it allows developers to utilize standard programming languages, which has contributed to its growth. Aside from token support, the platform is heading toward mainstream apps. Neo became the first blockchain member of Microsoft.net in September 201. In addition, it just discharged 11 million dollars from its cold wallet into the market.Neo has over 2 million user addresses, over 500,000 community members, and is already available in 7 countries. All of this demonstrates its acceptability and ascension to renown. Neo has just released Neo 3 preview 2 in order to stimulate developer innovation. I'm looking forward to the day when Neo will be available in more nations.

Pros
  • It is compatible with most programming languages.
  • It has the potential to grow into a worldwide market place.
Cons
  • It must implement a cross-chain protocol in order to achieve interoperability.
  • Because it is located in China and has the majority of its members there, any unfavorable state legislation may bring it down.

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