• Initially released as AntShares in February 2014
• It was later rebranded as NEO in June 2017
• NEO The All-Time High price of NEM was $198
• The consensus algorithm of NEO’s blockchain is Delegated Byzantine Fault Tolerance (dBFT)
NEO has many-a-times been dubbed as ‘Ethereum of China’. It is a blockchain platform like Ethereum which follows Proof of Imporance (PoI) and allows smart contract development on familiar high-level programming languages. The validators on the NEO platform are required to meet a certain performance requirement along with a minimum threshold of NEO tokens. Developers do not need to learn a new programming language, but can C#, Java and other mainstream programming languages in their familiar IDE environments (Visual Studio, Eclipse, etc) for smart contract development, debugging and compilation. NEO will implement a set of digital identity system that based on the PKI (Public Key Infrastructure) X.509 standard. NEO’s vision is to build digital smart economy involves building an efficient platform for digital assets and smart contracts with a secured privacy features.