Review on Neo by Julien Roy

NEO is a blockchain-based cryptocurrency platform that enables the development of smart contracts and virtual assets. NEO is an exciting initiative with a critical use case that should not be neglected. It is proposed as a cryptocurrency that may be used instead of Ethereum.

NEO allows developers to build smart contracts in ways that are suited for the use case, giving them a degree of flexibility. NEO has been dubbed the Chinese version of the Ethereum network due to the similarities between the two projects. With a production ceiling of 2400 transactions per second, the success of this ecosystem is predicated on its capacity to create blocks quicker and at a cheaper cost.