Monday March 08, 2021
Bitcoin (BTC) $50,782.00   Ether (ETH) $1,731.84
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Blockchain Technology

3 reasons to be watching NEO

Published by CryptoNinjas.net
01/16/2018
3 reasons to be watching NEO

It’s apparent to anyone in the cryptocurrency world, whether newbie or a seasoned pro, that the NEO blockchain provides significant advantages over the Ethereum and Bitcoin blockchains.

Those advantages include faster blockchain creation times, higher transaction per second capabilities, and the multi-language support it offers to developers.

However, there are three very good reasons you should be watching NEO…

Reason #1: Huge transactions per second speeds

With the emergence of Trinity’s state channel scaling solution, you’ll soon see NEO capable of processing in the region of 99,999,000 transactions per second, and up to ten times that with further optimizations.

Ethereum can handle around 1,000,000 maximum transactions per second using the Raiden Network.

Reason #2: Rapidly increasing dApp Selection

According to the NEO dApp list, at time of writing, there are already 27 dApps available for use. That might not seem like a lot right now, but the important thing to remember is that the NEO blockchain allows developers to create dApps and smart contracts using programming languages that are more widely known than Solidity (which is what you need to know to do the same things on the Ethereum blockchain.) These languages already include C#, VB.Net, F#, Java, Kotlin, and Python with support for C, C++, Golang, and JavaScript coming.

The numbers of dApps created on the blockchain will increase massively as time goes on.

Reason #3: Infrastructure development

No blockchain in the world is ever going to be able to become mainstream if there isn’t significant investment and development in its infrastructure – that includes NEO.

However, several companies have made it their mission to see that the NEO blockchain lives up to its fullest potential. These include:

  • Ontology Network – According to their website, they are “a blockchain/distributed ledger network which combines distributed identity verification, data exchange, data collaboration, procedure protocols, communities, attestation, and various industry-specific modules.”
  • Onchain – Onchain has developed a Distributed Network Architecture (DNA) for NEO, and their website states that the “design of DNA distributed network architecture combines the core technology of distributed ledger and the application of an enterprise-level system. The architecture of matrix system is designed, including three levels and five verticals.”
  • Deep Brain Chain – From their website, “Deep Brain Chain’s vision is to provide a low-cost, private, flexible, secure, and decentralized artificial intelligence computing platform for AI products.”

Whether you have come across NEO before or not, one thing is seeming – through the maintained efforts and ideas of the teams developing on NEO, it may be only a matter of time before NEO becomes a powerful, mainstream-adopted blockchain technology.

12
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Ontology, Neo, and Switcheo introduce new interoperability network
Networks & Protocols

Ontology, Neo, and Switcheo introduce new interoperability network

08/18/2020
Everstake deploys consensus node on the Neo3 Preview1 TestNet
Networks & Protocols

Everstake deploys consensus node on the Neo3 Preview1 TestNet

01/17/2020
Multi-chain exchange Switcheo gets investment from Neo Eco Fund
Industry Deal

Multi-chain exchange Switcheo gets investment from Neo Eco Fund

01/14/2020
NEO becomes .NET Foundation’s first blockchain member
Networks & Protocols

NEO becomes .NET Foundation’s first blockchain member

09/24/2019
neo celer
Networks & Protocols

NEO blockchain integrating Celer to improve DApp performance

09/17/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

03/05/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

03/05/2021
NFT platform Curio closes seed funding of $1.2M to fuel expansion

NFT platform Curio closes seed funding of $1.2M to fuel expansion

03/05/2021
IOTA token added as collateral asset on Bitfinex Borrow

IOTA token added as collateral asset on Bitfinex Borrow

03/05/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version