NEO (NEO) price today is $11.360, NEO (NEO) charts, NEO (NEO) marketcap, NEO (NEO) price history, NEO (NEO) exchange, NEO (NEO) trading volume & more

 

Neo price today, Neo trading volume, Neo market cap live, Neo rank today

 

  • neo
    NEO (NEO)
  • Live Price
    $11.360
  • 24h %
    -0.89%
  • Market Cap
    $737.56 M
  • Volume
    $253.35 M
  • Available Supply
    65.00 M NEO
  • Rank
    20

 

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What is NEO coin - NEO explained in simple terms

How to buy NEO, NEO price live, charts, marketcap & more

Before getting into How to buy NEO coin Let me give an overview of the NEO coin.

Neo is a blockchain platform formerly known as Antshares was developed in 2014. Neo is also termed as Chinese Ethereum because of two reasons.

First NEO is developed in China.

Second like Ethereum, it enables the development of digital assets and smart contracts.

NEO has been created to shift our traditional economy into the new era of the “Smart Economy”.

Neo works on the below-shown structure

Digital assets + Digital Identity + Smart Contracts = Smart Economy

NEO is all about creating the structure where one digital asset is easily transferable, where digital identity is impregnable and where smart contracts make the whole system works smoothly.

The platform uses two different tokens termed as NEO and the GAS. Both tokens have their own uses and both are 100M in supply

NEO tokens represent the ownership of the NEO blockchain.

On the other hand, GAS tokens literally give you the right to use the NEO blockchain.

GAS tokens work as a fuel which powers the transactions in an NEO blockchain.

When you hold NEO token in your NEO wallet you will be rewarded with the same number of the GAS token.

Neo has corrected the Ethereum deficiencies via various technological advances and has positioned itself as one of the world's best smart contracts blockchain platforms

The main competitors of the NEO coin are QTUMNEMUBIQ, and Ethereum.

Ethereum is by far the strongest competitors and currently ranked the second most tradeable cryptocurrency at the coinexpansion Market and has a strong backup of the cryptocurrency community

NEO has few distinct advantages over Ethereum First NEO can process 10000 transactions per sec whereas Ethereum can process 15 per sec.

NEO developers can code smart contract protocols using common programming languages such as Java, C++, and C.

Whereas for Ethereum developers has to learn their own distinct language for the development of smart contracts.

NEO uses it's own developed consensus mechanism termed as Delegated Byzantine Fault Tolerance (dBFT) which is less expensive and "energy efficient" than the Ethereum consensus mechanism known as "PoW" (proof of work).

NEO need to cover a lot of ground to surpass Ethereum. Still, NEO is 14th tradeable cryptocurrency on the coinexpansion market valued at $17.5 and ranked higher than it's other three major competitors.

 

Neo Price Chart & Graph


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Compare Neo price live & Neo trading volume (24 h) on the Neo Exchange

 

# Exchange Pair Price Volume (24h) Updated

 

Neo price history,  Neo volume history,  Neo market cap history

 

Date Price Volume MarketCap

 

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