Review on Neo by phuong cong
Neocoin is potential coin
NEO (also known as AntShares before rebranding on June 22, 2018) was dubbed "China's Ethereum" and was China's first open source. Founded in 2014, NEO's mission is to reinvent the way trade is taking place. They believe that promote technology development and create future together. The driving force of this, NEO was created to change our traditional economy into a new era of smart economy.
The founder of NEO is Da Hongfei - the CEO of Onchain. After announcing NEO's brand and new strategy, Da Hongfei built on the future of blockchain technology, in which all assets will be digitized and programmed with smart contracts.
Neo uses a consensus mechanism that runs multiple nodes instead of one like Bitcoin
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Pros
- Good project is invested and cooperated with Chinese government and Alibaba group
- Neo's technology is well evaluated
- Neo has been traded on the leading exchanges in the world
Cons
- Neo's concentration brings stability, but it also raises doubts about its decentralized nature
