What is NEO?
NEO is an open-source blockchain platform that was launched in 2014.
It is a distributed network for the development of digital assets and smart contracts. NEO was created to enable the development of a “smart economy”, where digital assets, digital identities, and smart contracts are all securely stored on the blockchain. NEO uses two different tokens: NEO and GAS.
NEO tokens are used to represent ownership of the network and can be used to vote on network decisions. GAS tokens are used to pay for transaction fees on the network. NEO also has a number of features that make it unique from other blockchains, such as its delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which allows for faster transaction times and higher scalability than other blockchains.
Additionally, NEO supports multiple programming languages such as C#, Java, Python, and Go, making it easier for developers to create applications on the platform. Overall, NEO is a powerful platform that enables developers to create secure digital assets and smart contracts on the blockchain. It has a number of features that make it stand out from other blockchains and provides users with an efficient way to develop applications in a secure environment.
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