NEO
NEO
NEO Feed: Events, News & Roadmap
NEO to Participate in Binance Blockchain Week in Dubai
NEO will participate in Binance Blockchain Week in Dubai on October 30th-31st. The company will host interactive activations at its booth and attend t…
NEO to Be Integrated With OwlX.ai
NEO has been integrated into OwlX.ai’s AI-powered media aggregator. This integration allows users to track and explore a variety of Web3 projects. Int…
NEO to Hold AMA on X on June 21st
NEO will host an AMA on X with Neo ecosystem members on the latest developments in Web3 gaming. The session will take place on June 21st at 10:00 UTC.
NEO to Release CLI v.3.7.5 Mainnet Update on June 18th
NEO has announced that the Neo-CLI v.3.7.5 update, which was previously applied to the Neo N3 T5 testnet on June 13th, will be applied to the mainnet …
NEO to Release Neo-CLI v.3.7.4 on May 24th
NEO has announced that the Neo-CLI v.3.7.4 update was successfully implemented on the T5 testnet on May 17th. This update is scheduled to be applied t…
NEO Partners With OORT
NEO has entered into a partnership with OORT. The collaboration will initially focus on supporting the Neo X sidechain. Furthermore, the partnership w…
NEO to Upgrade Neo-CLI v.3.6.2 Mainnet on December 4th
NEO will release Neo-CLI v.3.6.2 on mainnet on December 4th. The new version brings with it a host of improvements and new features, all aimed at enha…
NEO to Upgrade Neo-CLI v.3.6.2 on Testnet on November 21st
NEO will release Neo-CLI v.3.6.2 on testnet on November 21st. The new version brings with it a host of improvements and new features, all aimed at enh…
NEO to Hold AMA on X on November 20th
NEO will host an AMA on X on November 20th at 10:00 UTC. The discussion will focus on the innovative ideas emerging from the NEO community. The commun…
NEO to Organize Neo Community Assembly
To celebrate the 7th anniversary of the mainnet, NEO will be holding a “Neo Community Assembly” event. The meeting will be organized for developers an…
NEO to Hold HK Web3 Evolution in Hong Kong
NEO is set to host HK Web3 Evolution during the finale of the Neo APAC hackathon at CyberPort, Hong Kong on October 27-28. The event will bring togeth…
NEO and AlienSwap to Launch Token2049 Adventure NFT on September 8th
NEO is set to launch the Token2049 Adventure NFT in collaboration with AlienSwap NFT marketplace. The launch is scheduled on September 8th at 16:00 UT…
NEO to Host Workshop on September 5th
NEO is hosting a workshop on September 5th at 12 PM UTC as part of the ongoing Neo APAC hackathon series. The workshop will be led by the co-founders.…
NEO to Hold Panel Discussion on September 9th
NEO is hosting a panel discussion at the Neo APAC hackathon on September 9th. The panel will feature guests from OKX, BeWater, Switcheo Labs, and Ciph…
NEO to Host Panel Discussion on September 2nd
NEO will host a panel discussion as a part of their hackathon on September 2nd. The discussion will feature experts from various fields. They will dis…
NEO to Hold Hackathon on August 26th
NEO has recently concluded its Neo APAC hackathon. The event was marked by enthusiastic participation and lively interactions, which NEO believes have…
NEO to Host Workshop on August 24th
NEO is hosting the tenth episode of the Neo APAC Hackathon workshop on August 24th at 10 AM UTC. The workshop will feature the founder of Greenfinch, …
NEO to Host Panel Discussion on August 12
NEO is hosting a face-to-face discussion at the NeoAPACHackathon in HCMC GAS Station. The event will feature distinguished guests from OKX, BingX, Fol…
NEO to Host Panel Discussion on Twitter on August 2nd
NEO will host a panel discussion on Twitter on August 2nd within the Neo APAC hackathon event. The panel will feature software engineer and co-founder…
NEO to Host Workshop on YouTube on August 3rd
NEO is hosting the latest episode of the Neo APAC hackathon workshop on YouTube on August 3rd at 9 AM UTC. The workshop will be led by a software engi…
NEO Events on the Chart
What is NEO?
NEO is a blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications. The base asset of the NEO blockchain is the non-divisible NEO token, which generates GAS tokens. These GAS tokens, which are divisible, can be used to pay for transaction fees to utilize the network. The NEO blockchain is often referred to as China's response to Ethereum because of its similar use of smart contracts.
NEO was founded in 2014 by Da Hongfei and Erik Zhang under the name AntShares, which later rebranded to NEO in June 2017. It supports common programming languages like JavaScript and Python, which means developers can develop smart contracts without learning a unique language, unlike Ethereum which requires learning its proprietary language, Solidity. This feature was created to attract a broader developer audience to build on their platform.
One of the major differences between NEO and other smart contract-enabled blockchains is its consensus mechanism. Rather than using proof-of-work or proof-of-stake, NEO uses a protocol known as delegated Byzantine Fault Tolerance (dBFT). This consensus protocol is designed to provide a system that can efficiently reach consensus without requiring intensive energy use, and it also supports up to 10,000 transactions per second (TPS).
NEO also implements a digital identity protocol to enable the creation of identity information of organizations, individuals, and entities in electronic form. These identities are usable via multi-factor authentication mechanisms such as facial recognition, fingerprints, voice recognition, and SMS.
In conclusion, NEO aims to automate the management of digital assets through the use of smart contracts and to create a "smart economy" with a distributed network. It's an ambitious project that has drawn attention from both China and the international community for its potential to transform various industries, from finance to supply chain management and more.