NEO
| Last updated | 8 hours ago |
| Price per NEO in USD | $ 3.2353091725875 |
| Price per NEO in Bitcoin | 0 |
| Volume over the last 24 hours | $ 15,796,270 |
| Market cap in USD | $ 228,214,927 |
| Change in % over the last hour | 0.54157962 |
| Change in % over the last 24 hours | -1.35549741 |
| Change in % over the last 7 days | -11.41150291 |
NEO specifications
| Name | NEO |
| Symbol | NEO |
| Minable | No |
| Algorithm | dBFT2.0 |
| Prooftype | N/A |
Coin description
NEO is a blockchain platform often referred to as "China's Ethereum," enabling the development of smart contracts and decentralized applications (dApps). It uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which ensures fast transaction validation and high scalability. NEO does not rely on mining, as block validators are chosen through a voting process, making it energy-efficient and environmentally friendly.
NEO Smart Economy Vision
NEO aims to create a "Smart Economy" by integrating digital assets, digital identity, and smart contracts into a single ecosystem. Its support for multiple programming languages, including Python and C#, makes it accessible to developers worldwide. This ease of use has attracted a growing community of developers and enterprises looking to build on the NEO platform.
Another key feature of NEO is its dual-token system, consisting of NEO (used for governance) and GAS (used for transaction fees). This structure incentivizes participation in the network while ensuring stability and security. NEO's focus on regulatory compliance and enterprise adoption has also made it a popular choice for businesses seeking to integrate blockchain technology into their operations. Keywords like NEO smart contracts and dBFT consensus are closely tied to its mission.