submitted by AVAY11 to u/AVAY11 [link] [comments]
The NEO digital asset platform was previously called Antshares. But in recent times, a complete rebranding has been made. In addition to the name change, the startup updated blockchain nodes and technical documentation, as well as the stock Ticker. In addition, the official website and social media were redesigned. The transition to a new version of the smart contract system, called NEO-2.0, was carried out.
The NEO cryptocurrency has been showing stable and non-stopping growth for a long time. Very quickly, the Chinese creation took seventh place in the top of Coinmarketcap. This, without a doubt, is a serious bid for prospects, given the high competition in the cryptocurrency market. And Ether confidently holds the second line after the famous Bitcoin. So the crypto currency NEO clearly has all the chances to rise much higher than the seventh line.
At the moment, the price fluctuates around $45. The cost for three months has increased 20 times.
The volumes of neo cryptocurrency reserves are clearly defined and limited to 100 million tokens. So far, only half of the available potential — 50 million tokens-is available on the market. So the crypto currency NEO clearly has all the chances to rise much higher than the seventh line.
The project is actively developing. OnChain cooperates with other players in the field of cryptocurrency and blockchain technologies. At the moment, there are connections with blockchain startups Coindash, Bancor, Agrello and others. The Chinese project Red Pulse has announced the creation of a financial research platform based on the NEO-2.0 smart contract system. Also, in cooperation with NEO, there is an intensive development of The Elastos operating system based on blockchain technologies.
THE history of the emergence and development of neo cryptocurrencyhttps://preview.redd.it/2f7c6ryop1v31.png?width=1280&format=png&auto=webp&s=300b03be2a471d857d7d22d5659f2a4ef74c5e8b
The date of origin of the project can be considered 2014. NEO Creator Da Hongfei is a Director of Shanghai-based OnChain. In 2014, onchain, according to Da Hongfei's idea, launches the AntShares blockchain project. On the basis of this platform, a cryptocurrency of the same name was also created.
Yes Junpei put to the company is simple, but a global problem. His goal was to build a fundamentally new system of financial interaction. This system should unite the sectors of the real and virtual economy into a single whole with the help of high-tech contracts. And cryptocurrency from OnChain should become a unit of payment for these contracts.
Soon OnChain enters into a contract for cooperation with the Wings blockchain project, as well as contracts with economic giants Microsoft and Alibaba.
In August 2017 begins the story of NEO already in its current form with the current name. Da Hongfei carried out a complete rebranding and technical modernization of the project. The rebranding was a huge success, and the price of cryptocurrency from OnChain soared 40 times.
But not without problems. On the fourth of September, the Chinese authorities adopt a package of sanctions laws against cryptocurrencies and ICO. It was a heavy blow, which at the time almost 2 times brought down the course of the brainchild of Hongfei. However, soon the NEO cryptocurrency moved away from the blow and began to confidently win back the lost positions. At the moment, OnChain is actively upgrading the product and simultaneously trying to find a compromise with the Chinese authorities for the legalization and quiet operation of its offspring.
Features and principle of operation NEOhttps://preview.redd.it/tj1goppoq1v31.png?width=800&format=png&auto=webp&s=0c39d14754ba9dd99e2c6bfb692f0f7bdd6c1838
From a technical point of view, the Chinese cryptocurrency is very similar to Ethereum. The basis of the platform is the construction of smart contracts and their subsequent payment with tokens. Also an important part of the project is the ability to create new technologies based on the platform, as well as easy integration with other services.
Despite the fact that NEO is often called "Chinese Ether" and the fact that the Ether still occupies a higher position in the ratings, the product from OnChain has advantages that the Ether lacks. NEO is much more practical and functional. This, no doubt, opens up the potential to move the Airwaves in the ratings in the near future.
Let's see in detail how everything works. Transactions within the system are possible when paying a Commission. The Commission is paid in-system currency. That is, for the transaction you have to throw in the system additional "fuel". The developers of OnChain decided to create an additional in-system currency, called GAS, as a fuel (a means of paying commissions).
NEO mining is impossible. There is a final coin value of 100 million. 50 million thrown on the market during the ICO. The second half of the developers keep at home. However, GAS mining is possible. However, it occurs when holding coins in a purse. That is, the more tokens you have, the more GAS coins you can get to pay commissions. Today, 2000 coins in the wallet accumulate 1 coin GAS every twenty-four hours. Such mining is associated with the work of the network on the Proof-Of-Stake algorithm. Coins generate themselves. Without the use of farms of video cards and megawatts of electricity.
Like any cryptocurrency, NEO has advantages and disadvantages.
The benefits of NEO:
Difference between NEO and Bitcoinhttps://preview.redd.it/qm9q0kmft1v31.png?width=1024&format=png&auto=webp&s=81bc03a4521b12f6e517b9ef8f905d8271041355
The main points that distinguish NEO from Bitcoin:
NEO storage walletsOn the official NEO website you can find links to the following wallets.
NEO: buying and sharinghttps://preview.redd.it/5ovlowr3v1v31.png?width=750&format=png&auto=webp&s=ea4c20d0be463cbaaf14846db2355b77975cd296
NEO can be bought and sold on exchanges or exchanged in multi-currency wallets. The most famous exchanges:
Ways to get NEOUnfortunately, at the moment there is no way FOR direct NEO mining in the manner of Bitcoins and Ether.
However, there is a way out. NEO cranes can be used. Cranes are resources where the user receives a cryptocurrency reward for performing certain tasks or participating in lotteries.
There is a high probability that if successful in the legalization negotiations, OneChain will provide additional ways to get their tokens.
As you can see, NEO is a very promising and rapidly developing cryptocurrency. And although the Chinese government has created some difficulties, on the example of Bitcoin, we see how high the rate of the crypto currency can rise if the factors interfering with the development disappear. So, the prospects of NEO are optimistic and you can risk investing in them.
Mining is the process of generating a cryptocurrency in the “World Wide Web”, for which it is necessary to install the appropriate video card and software on the computer or buy special equipment. Carrying out some mathematical calculations, you can earn cryptocurrency, the output of which is carried out through the electronic wallets or other convenient ways for the user. 3. Best Bitcoin mining software CGminer. Pros: Supports GPU/FPGA/ASIC mining, Popular (frequently updated). Cons: Textual interface. Platforms: Windows, Mac, Linux Going strong for many years, CGminer is still one of the most popular GPU/FPGA/ASIC mining software available. CGminer is a command line application written in C. It’s also cross platform, meaning you can use it with Windows ... The new card will allow users to convert and spend their Bitcoin (BTC), Binance token (BNB), Swipe’s native SXP, and stablecoin Binance USD (BUSD) to fiat at more than 60 million merchants across 200 regions and territories worldwide. In contrast to most crypto cards, the new Binance card functions like a true debit card, rather than a prepaid card. Powered by Swipe’s platform, the Binance ... Bitcoin’s COO Explains What Bitcoin Is by Team Coco Chuckle-worthy Conan tries to get the Chief Operating Officer of Bitcoin to explain Bitcoin in this 2:33 video. From March 2014. We have beeing playing for a couple of days with one of the new reference design Nvidia RTX 2060 video cards and tried how well it performs for crypto mining using various miners and mining algorithms and as expected with new GPU releases there is more to be desired, but more on that in a moment. We like the design and implementation of the whole cooling solution from Nvidia on their GeForce ... Without a doubt, Binance is now among the best sites for trading alt-coins like Ripple (XRP), Stellar (XLM), and NEM (XEM) to name a few. As with anything that involves trading with real money, it's extremely important for you to understand Binance's terms and get a clear picture of what you're getting yourself into before you start buying and selling cryptocurrencies.
[index]          
How to Find the Best Tech Stocks to Trade in 2020 Wealth Within 315 watching Live now 24/7 Live Bitcoin Algo Trading on Deribit Exchange (DeriBot) Bitcoin Trading Robots 168 watching Binance With Credit Card, Coinbase New York Coins, Bitcoin Hash Rate & Bitcoin Price Recovery The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... Best Motherboard for Mining IMO: https: ... My Favorite Book - "The Bitcoin Standard": https: //geni.us/NH5spNd Donation Addresses! Always appreciated and will go towards Projects, Content ... Binance announces their crypto debit card had been succesfully tested after their acquisition of Swipe from the Phillipines. On the back of these huge news we take a look at the best ... STEP 1 Register with Binance Exchange: ... 10 best places to buy bitcoin with a credit debit card or PayPal in USA - Duration: 23:56. Osu Limitless 78,548 views. 23:56. Brian Armstrong from ... #cryptocurrency #BAKKT #Bitcoin #altcoin #binance #kucoin #coinbase #ripple #cryptocurrencynews,#xrp #bnb #neo #bakkt #fidelitydigitalassets #bitcoinprice #bitcoinnews,#bitcoinpump #bitcoindump # ... TRADE BITCOIN FOR OTHER COINS: Binance: ... In this video I talk about mining Cryptocurrency and bitcoin in Thailand. I talk about a mining rig I am building at the moment . Category People ... Binance Pool has received mixed responses from the crypto community, with some commentators expressing concerns that Binance's pool will result in a further centralization of Bitcoin ( BTC ) hash ... How to Find Best Coin using Coinmarketcap ... Crypto Tab - Free Bitcoin Mining Sinhala - Daily $4 Income නිකන් ඉදලා BITCOIN වලින් සල්ලි හොයමු ...