Neo (NEO)

Description: Neo is the use of blockchain technology and digital identity to digitize assets, the use of smart contracts for digital assets to be self-managed, to achieve “smart economy” with a distributed network.
Blockchain: Own
PoS:
Yes
MN:
Yes
Historic High:
 196.85 $
Historic Low:
 0.0722 $
Partners:
Zilliqa, Techfund Inc., Microsoft, Accenture, IBM, Nasdaq, UBS, University of Zurich… 
Exchanges: Binance, Okex, Huobi, Bkex, HitBTC, ZB.COM…
Technical features: Neo has two native tokens, NEO (abbreviated symbol NEO) and GAS (abbreviated symbol GAS).
NEO, with a total of 100 million tokens, represents the right to manage the network. Management rights include voting for bookkeeping, Neo network parameter changes, and so on. The minimum unit of NEO is 1 and tokens cannot be subdivided. The dBFT is called the Delegated Byzantine Fault Tolerant, a Byzantine fault-tolerant consensus mechanism that enables large-scale participation in consensus through proxy voting. The holder of the NEO token can, by voting, pick the consensus node it supports. The selected group of consensus nodes, through BFT algorithm, reach a consensus and generate new blocks. Voting in the Neo network continues in real time, rather than in accordance with a fixed term. Neo is a distributed network that combines digital assets, digital identities and smart contracts. The Neo system will use DBFT, NeoX, NeoFS, NeoQS and many other original technologies, as the infrastructure for the intelligent economy of the future.

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