What is neo coin?

NEO coin is a decentralized cryptocurrency and the native token of the NEO blockchain platform. It can be used for transactions, smart contract development, and network governance. Known for its high performance, programmability, digital identity, and cross-chain support, NEO was launched in 2014 and renamed NEO in 2017. As of this writing, NEO coin has a market capitalization of $140 million, ranking 87th in the cryptocurrency market.

What is NEO coin?

NEO coin is a decentralized cryptocurrency and the native token of the NEO blockchain platform.

Use:

• Media of Transaction: NEO coins can be traded and paid on the NEO network.
• Smart Contracts: NEO allows developers to create and deploy smart contracts using its programming language NEP-5.
• Network governance: NEO holders can participate in network governance, such as voting for consensus nodes.

Features:

• High performance: NEO blockchain is fast and can handle thousands of transactions per second .
• Programmability: Developers can use NEP-5 to develop custom applications and smart contracts.
• Digital Identity: NEO aims to create verifiable digital identities that increase trust and security in online transactions.
• Cross-chain support: NEO blockchain is committed to achieving interoperability with other blockchains and promoting the cross-chain flow of assets and information.

History:

NEO was launched in 2014 by OnChain and was originally called AntShares. The name was changed to NEO in 2017 to reflect its vision as a blockchain platform for the smart economy.

Market Cap and Ranking:

As of this writing, NEO coin has a market cap of $140 million, ranking 87th in cryptocurrency market cap.

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