The Beginner’s Guide to NEO – Can the Chinese Ethereum Succeed?

NEO is a unique blockchain platform that combines digital and traditional assets to create a "smarter economy." The project originates from China and has the Government's full backing. This unusual partnership has given it the label of "Chinese Ethereum.” While it's still far from Buterin's groundbreaking blockchain, NEO's exciting features set it apart in the Cryptosphere. For instance, it uses two different tokens. It uses one (NEO) for payments and the other (GAS) for transaction fees. Furthermore, NEO seeks to…

5 Blockchain Platforms That Will Dominate the Dapp Ecosystem in 2020

Decentralized applications (dApps) have brought a significant change in the field of blockchain tech. They are a new type of software application that does not undergo downtime and is not owned by any central authority.  In recent months, Dapps have been making inroads in various fields like gambling, technology, education, finance, and other areas.  Ethereum (ETH) was the first blockchain that unlocked Dapp's true potential by allowing developers worldwide to create unique apps on the platform. Many other blockchain networks…

Crypto Analysts Predict the Success of NEO

During the long cryptocurrency winter, NEO seems to have fallen by the side; however, two crypto analysts said the firm could be ready to rise. As per TraderXO, NEO might break out and experience an incline. NEO is a competitor regarding smart contract platforms, hence its popular name, the “Chinese Ethereum”. The price of NEO was $8.72 at the start of last year, and currently, it upsurged by 75% to $15.29. Crypto Analysts Views on NEO According to TradeXO, NEO…

The Ultimate Guide to Cryptocurrency Token Standards

New technologies become successful when it finds a perfect balance between traditional systems' values and advantages of new technology. Blockchain has mastered this art, and people are gradually accepting the changes brought about by this developing technology. One of the changes is accountability in the financial system, which contributed to the creation of tokens. Tokens are digital assets, also known as value contracts. A token standard is stored in a smart contract to help manage balances in the wallet. Today,…