Neo Stocks, USD price, market cap

Neo, formerly known as AntShares, is a blockchain-based cryptocurrency and smart contract platform launched in February 2014 by Da Hongfei and Erik Zhang. It is the first open source public blockchain project in China and is often referred to as the Chinese Ethereum. Neo is a decentralized, open source platform that seeks to create a “smart economy” by combining digital assets, digital identities, and smart contracts. Neo’s goal is to build a distributed network that allows developers to create and deploy decentralized applications (dApps) and digital assets.

Neo is based on a blockchain technology that supports the development of digital assets and smart contracts. The Neo platform uses two different tokens, Neo and Gas. The Neo token is used to manage the network, while Gas is used to pay for transaction fees. Neo also has a digital identity system that allows users to register, authenticate, and manage their digital identities.

Neo is powered by a consensus mechanism called dBFT (Delegated Byzantine Fault Tolerance). This consensus mechanism allows the network to remain secure and reliable even when there are malicious actors on the network. It also allows for faster transactions and scalability.

Neo also has a number of other features that make it attractive to developers and users. It has a built-in smart contract system, which allows developers to create and deploy custom smart contracts. It also has a decentralized application (dApp) platform that allows developers to build applications on the Neo blockchain.

Neo has a number of advantages over other cryptocurrencies. It has a strong development community, and it is one of the few cryptocurrencies that has a large user base in China. It also has a strong focus on security and scalability, which makes it attractive to developers.

Neo is quickly becoming one of the most popular cryptocurrencies in the world. It has seen rapid growth in recent months, and its price has skyrocketed. It is also one of the few cryptocurrencies that has a large user base in China. If you’re looking for a cryptocurrency to invest in, Neo is definitely one to consider.