submitted by AVAY11 to u/AVAY11 [link] [comments]
The NEO digital asset platform was previously called Antshares. But in recent times, a complete rebranding has been made. In addition to the name change, the startup updated blockchain nodes and technical documentation, as well as the stock Ticker. In addition, the official website and social media were redesigned. The transition to a new version of the smart contract system, called NEO-2.0, was carried out.
The NEO cryptocurrency has been showing stable and non-stopping growth for a long time. Very quickly, the Chinese creation took seventh place in the top of Coinmarketcap. This, without a doubt, is a serious bid for prospects, given the high competition in the cryptocurrency market. And Ether confidently holds the second line after the famous Bitcoin. So the crypto currency NEO clearly has all the chances to rise much higher than the seventh line.
At the moment, the price fluctuates around $45. The cost for three months has increased 20 times.
The volumes of neo cryptocurrency reserves are clearly defined and limited to 100 million tokens. So far, only half of the available potential — 50 million tokens-is available on the market. So the crypto currency NEO clearly has all the chances to rise much higher than the seventh line.
The project is actively developing. OnChain cooperates with other players in the field of cryptocurrency and blockchain technologies. At the moment, there are connections with blockchain startups Coindash, Bancor, Agrello and others. The Chinese project Red Pulse has announced the creation of a financial research platform based on the NEO-2.0 smart contract system. Also, in cooperation with NEO, there is an intensive development of The Elastos operating system based on blockchain technologies.
THE history of the emergence and development of neo cryptocurrencyhttps://preview.redd.it/2f7c6ryop1v31.png?width=1280&format=png&auto=webp&s=300b03be2a471d857d7d22d5659f2a4ef74c5e8b
The date of origin of the project can be considered 2014. NEO Creator Da Hongfei is a Director of Shanghai-based OnChain. In 2014, onchain, according to Da Hongfei's idea, launches the AntShares blockchain project. On the basis of this platform, a cryptocurrency of the same name was also created.
Yes Junpei put to the company is simple, but a global problem. His goal was to build a fundamentally new system of financial interaction. This system should unite the sectors of the real and virtual economy into a single whole with the help of high-tech contracts. And cryptocurrency from OnChain should become a unit of payment for these contracts.
Soon OnChain enters into a contract for cooperation with the Wings blockchain project, as well as contracts with economic giants Microsoft and Alibaba.
In August 2017 begins the story of NEO already in its current form with the current name. Da Hongfei carried out a complete rebranding and technical modernization of the project. The rebranding was a huge success, and the price of cryptocurrency from OnChain soared 40 times.
But not without problems. On the fourth of September, the Chinese authorities adopt a package of sanctions laws against cryptocurrencies and ICO. It was a heavy blow, which at the time almost 2 times brought down the course of the brainchild of Hongfei. However, soon the NEO cryptocurrency moved away from the blow and began to confidently win back the lost positions. At the moment, OnChain is actively upgrading the product and simultaneously trying to find a compromise with the Chinese authorities for the legalization and quiet operation of its offspring.
Features and principle of operation NEOhttps://preview.redd.it/tj1goppoq1v31.png?width=800&format=png&auto=webp&s=0c39d14754ba9dd99e2c6bfb692f0f7bdd6c1838
From a technical point of view, the Chinese cryptocurrency is very similar to Ethereum. The basis of the platform is the construction of smart contracts and their subsequent payment with tokens. Also an important part of the project is the ability to create new technologies based on the platform, as well as easy integration with other services.
Despite the fact that NEO is often called "Chinese Ether" and the fact that the Ether still occupies a higher position in the ratings, the product from OnChain has advantages that the Ether lacks. NEO is much more practical and functional. This, no doubt, opens up the potential to move the Airwaves in the ratings in the near future.
Let's see in detail how everything works. Transactions within the system are possible when paying a Commission. The Commission is paid in-system currency. That is, for the transaction you have to throw in the system additional "fuel". The developers of OnChain decided to create an additional in-system currency, called GAS, as a fuel (a means of paying commissions).
NEO mining is impossible. There is a final coin value of 100 million. 50 million thrown on the market during the ICO. The second half of the developers keep at home. However, GAS mining is possible. However, it occurs when holding coins in a purse. That is, the more tokens you have, the more GAS coins you can get to pay commissions. Today, 2000 coins in the wallet accumulate 1 coin GAS every twenty-four hours. Such mining is associated with the work of the network on the Proof-Of-Stake algorithm. Coins generate themselves. Without the use of farms of video cards and megawatts of electricity.
Like any cryptocurrency, NEO has advantages and disadvantages.
The benefits of NEO:
Difference between NEO and Bitcoinhttps://preview.redd.it/qm9q0kmft1v31.png?width=1024&format=png&auto=webp&s=81bc03a4521b12f6e517b9ef8f905d8271041355
The main points that distinguish NEO from Bitcoin:
NEO storage walletsOn the official NEO website you can find links to the following wallets.
NEO: buying and sharinghttps://preview.redd.it/5ovlowr3v1v31.png?width=750&format=png&auto=webp&s=ea4c20d0be463cbaaf14846db2355b77975cd296
NEO can be bought and sold on exchanges or exchanged in multi-currency wallets. The most famous exchanges:
Ways to get NEOUnfortunately, at the moment there is no way FOR direct NEO mining in the manner of Bitcoins and Ether.
However, there is a way out. NEO cranes can be used. Cranes are resources where the user receives a cryptocurrency reward for performing certain tasks or participating in lotteries.
There is a high probability that if successful in the legalization negotiations, OneChain will provide additional ways to get their tokens.
As you can see, NEO is a very promising and rapidly developing cryptocurrency. And although the Chinese government has created some difficulties, on the example of Bitcoin, we see how high the rate of the crypto currency can rise if the factors interfering with the development disappear. So, the prospects of NEO are optimistic and you can risk investing in them.
Crypto skeptics have always hailed quantum computing to be a Kryptonite for Bitcoin. But the world still hasn’t seen a fully-operational quantum computer with commercial implications to truly challenge Bitcoin’s dominance as a digital currency. As per Anastasia Marchenkova, a quantum physicist, the... Altcoins Binance Cryptocurrency News Exchanges Binance to Block U.S. Customers Following the Announcement of a U.S.-Focused Exchange by Aisshwarya Tiwari June 14, 2019 June 14, 2019 Crypto skeptics have always hailed quantum computing to be a Kryptonite for Bitcoin. But the world still hasn’t seen a fully-operational quantum computer with commercial implications to truly challenge Bitcoin’s dominance as a digital currency. As per Anastasia Marchenkova, a quantum physicist, the... Quantum computers are surely a Kryptonite for Bitcoin In specific applications, quantum computers perform way better than traditional supercomputers. However, many encryption technologies are still resistant to quantum computers, and the world needs to develop them before such a computer enters the scene. BTCUSD Bitcoin The Centralization of Binance: Potential Cryptocurrency Kryptonite . Binance shot to stardom in 2017, shocking the cryptocurrency industry by becoming the largest exchange platform ... Binance shot to stardom in 2017, shocking the cryptocurrency industry by becoming the largest exchange platform in existence in under six months. Even more shocking was continued success through 2018, a year that saw many new platforms shutting their doors. Now, a flood of new exchanges offers hope... Kryptowährungen im Überblick. Alle wichtigen Daten und Kurse zu Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin und Co. Is Quantum Computing Cryptocurrency's Kryptonite? Researcher Says It Could Break Bitcoin's Cryptographic Hashes. by Bitcoin Exchange Guide News Team. November 27, 2018. Home Cryptocurrency News. Facebook . Twitter. Telegram. ReddIt. Linkedin. Email. Technology has come a long way. While many laughed off Charles Babbage and his astounding Difference Engine, in less than a century it became a ... Live price charts and trading for top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) on Bitstamp, Coinbase Pro, Bitfinex, and more. Live price charts and trading for top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) on Bitstamp, Coinbase Pro, Bitfinex, and more. Cryptowatch. Home Charts Assets Exchanges Markets Correlations Desktop New Pricing. Portfolio. Account. Settings ... Bitcoin's Kryptonite Is Electricity, But Renewable Green Energy Innovation Is Happening. by Bitcoin Exchange Guide News Team. August 23, 2018. Home Cryptocurrency News. Facebook. Twitter. Telegram. ReddIt. Linkedin. Email. Bitcoin has almost a decade of performance, but one complaint keeps ringing through for both participants and spectators of the crypto world – energy usage. In fact, even ...
[index]          
Bitcoin Technical Analysis & Bitcoin News Today: Binance will launch Bitcoin leverage trading. This mean that Binance will compete with BitMEX and Bybit. Also, I'll use technical analysis on the ... IN today's video we take a look at how to Use Binance , specifically, how to deposit and withdraw on the Binance Exchange. I've set up a new Telegram group f... Watch this tutorial video to learn how to withdraw cryptocurrency from a cryptocurrency exchange. This tutorial uses Binance and My Ether Wallet as an exampl... Latest Cryptocurrency News Bitcoin Analysis & Price Prediction Samsung Travala Binance Etc. Latest cryptocurrency news today in hindi Video covers th... Binance Tutorial deutsch In diesem Video erfährst du wie man auf der Plattform Binance Kryptowährungen handeln kann und gegen Bitcoins kaufen und verkaufen k... Traden auf Binance: https://coinfreund.com/c/binance/ Alle Infos zur Krypto-Exchange im Binance Tutorial auf Deutsch! XXL Binance Tutorial: Kryptowäh... In this video i have explained about the following things, 1. Information about the Binance KYC hack. 2. How to protect yourself form Telegram Scams/Hacks. 3. Bitcoin's next possible move ... Aprenda como comprar Bitcoin com cartão de crédito na BINANCE BRASIL ! A Binance é uma bolsa internacional de moedas que fornece uma plataforma para a negoci... CZ, founder and CEO of Binance, is LIVE with us to answer ALL your questions regarding bitcoin, binance, and cryptocurrency in 2020! [This is NOT sponsored!]... Today, we take a closer look at how you can move your crypto assets from your Binance account to your Ledger Live account. Read more about it in this article...