What is Neo : Everything a Beginner Wants to Know

in #neo6 years ago

NEO is a blockchain platform and cryptocurrency, which is designed to digitize assets using smart contracts, aiming to bring blockchain to the masses.

It supports common programming languages like Javascript and C++, with improvements to its technology, making it less vulnerable to hackers than Ethereum. The NEO's goal is to become No. 1 blockchain project by 2020.

NEO is a unique blockchain algorithm, supporting decentralized commerce, identification, and digitization of various assets. It integrates blockchain technology with the digital identity, creating ways for physical assets like money or company shares assets to be digitized and exchanged over the NEO network in a peer-to-peer manner.

NEO aims to build a platform on which other decentralized applications can be built by allowing users to execute smart contracts on their blockchain, thus increasing the spread of the blockchain technology.

The smart contracts in Ethereum can only be written in a language called Solidity, but for NEO contracts, it can be written in common programming languages like C++, Javascript, Python, etc. making it automatically more accessible to the masses.

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