Neo is an open-source, community driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.
Neo Cryptocurrency bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
Neo Cryptocurrency well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.
Contribute to the underlying infrastructure of the Neo blockchain.
Digitize assets in a decentralized, secure and 3rd party free fashion.
Transform traditional financial instruments into trustless and transparent protocols.
Neo Cryptocurrency Empower new genres of gaming experience by integrating blockchain features.
With thriving partners and projects, the ecosystem is rapidly growing and developing, thus enabling Neo to become the foundation for next-gen Internet.
Join EcoBoost program and power up for success
Neo is investing USD $100 million through its EcoBoost program to accelerate the realization of large-scale commercial blockchain solutions by empowering developers and projects in the ecosystem.
Become a consensus node and shape your future
Individuals and entities can become consensus node candidates via application. Through election by Cryptocurrency holders, candidates can then become consensus nodes on MainNet.
Neo Vulnerability Bounty Program
The purpose of vulnerability bounty program is to be proactive about blockchain security by providing a channel for security researchers to report potential security vulnerabilities identified related to our underlying infrastructure. Everyone who find the vulnerabilities can send email to firstname.lastname@example.org. We will try our best to investigate those eligible vulnerabilities and fix the valid issues. All rewards will be paid in the equivalent amount of.
What Makes Neo Unique?
One of the unique selling points of the Neo blockchain concerns its continuous development, which helps ensure that it is futureproofed and able to cope with sudden increases in demand. As mentioned earlier, the project has developed Neo 3.0 — enhancing network security and allowing a greater number of transactions per second to be processed.
Unlike many other blockchains, this network also has two native tokens: and GAS. While serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, GAS is used to pay fees for the transactions that are being completed on the network.
Few other blockchain projects also run a development fund to the extent that does. EcoBoost launched back in 2019, and it was billed as an initiative that provides “full life-cycle support for high-potential projects” — including grants, technical support and promotion on social media.
How Is the Neo Network Secured?
As we mentioned earlier, Neo uses Delegated Byzantine Fault Tolerance, and it’s estimated that the blockchain is capable of processing thousands of transactions per second.
According to, the dBFT mechanism has been inspired by the Practical Byzantine Fault Tolerance algorithm.
There are a couple of similarities with delegated proof-of-stake, given how both consensus mechanisms allow token holders to vote for the delegates who will process transactions.
Through dBFT, blocks are added to a blockchain as long as at least two-thirds of delegates reach consensus — and it’s hoped that this helps prevent bad actors from undermining the smooth running of the network.
Where Can You Buy Neo (NEO)?
Neo Cryptocurrency can be purchased on a number of exchanges — including Binance, Poloniex and HitBTC. But it isn’t available universally and isn’t supported by some platforms, such as Coinbase. Many exchanges offer trading pairs that link with Bitcoin
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.