Known as Chinese Ethereum, it has the ability to provide more than a coin, an entire Blockchain network platform. Founded in 2014 by Da HongFei and Erik Zhang, in the midst of the evolution of AntShares, in 2017 the project decided to change its image and the name of the project. This change gave rise to the NEO cryptocurrency and the current image of the project.
DNA stands for Distributed Network Architecture or Distributed Network Architecture. Its objective is to lay the foundations for an interconnection platform between digital services and other public or private blockchains using the NEO ecosystem.
The NEO cryptocurrency has the capacity to issue 100 million tokens. This issuance is divided into two parts.The first part is 50 million tokens distributed proportionally among NEO supporters during crowdfunding. This portion has already been distributed. At some point they will resume the distribution of new tokens
Advantages: It allows to quickly deploy private networks with different associated services. For example, it is possible to deploy sovereign digital identity services or voting systems in a simple way.
Thanks to NeoQS, NEO is able to resist quantum computing attacks that threaten the security of its encryption systems. Disadvantages: Your network at the moment does not have a high level of decentralization that guarantees its security and a more community governance. It is a project little known in the West, this has led to very little technical information written in Spanish and even in English.
NEO as an investment
Many people right now view NEO as an investment due to its relatively stable price. In February, the price was $ 16.60, but today it is above $ 21. However, it fell significantly a few months ago and then started to rise again.
NEO applications in the real world QLINK
It is the first decentralized mobile network. The idea is so revolutionary that its implementation and adoption will take a while.
Trinity: offers a huge variety of technology solutions, such as protocol layers, pluggable services, incentives, value-added service providers, etc.
Ontology: its network is made up of a distributed blockchain scheme that combines identity verification, data exchange, collaboration, protocols for different procedures.
September 23, 2021
23.09.2021 Price 43,1143