NEO to become the cryptocurrency with the largest market cap in the world?

in #cryptocurrency7 years ago (edited)

NEO, having had its unbelievable run, is already the largest and most dominant cryptocurrency in China. The $1 million question is whether NEO can become the world's largest cryptocurrency in the future?

Bitcoin and Ethereum are the world's two most well-known cryptocurrencies. Bitcoin has garnered the world's largest market cap. However, Bitcoin is limited in its ability for creating and running programs.

Ethereum, was invented four years ago by Vitalik Buterin, to allow programmers to build apps on the chain and expand and improve the blockchain eco-system. Ethereum, being Bitcoin's largest rival, is working hard to topple Bitcoin's dominance while neglecting the fact that NEO's amazing rise may topple Ethereum itself.

NEO creates a unique digital economy with full integration of digital assets, digital identity, and smart contracts. Companies and developers are currently building apps within NEO blockchain eco-system to propel our centralized, and often inefficient structure toward a more decentralized, self-autonomous, and highly efficient new digitized world.

NEO adds considerable improvements over both Bitcoin and Ethereum. Bitcoin primarily serves as a cryptocurrency with limited programming features. Ethereum adds an eco-system for developers to build decentralized applications based on smart contracts, but NEO takes Ethereum to the next level.

NEO created its own consensus algorithm, called distributed Byzantine Fault Tolerance or dBFT. This algorithm is more energy efficient than proof-of-work or proof-of-stake models.

Additionally, NEO investors earn dividends called GAS by merely holding NEO in their NEO wallets. See https://neocoins.net/

Furthermore, to create apps on Ethereum, developers need to learn a language called Solidity, which is a high-level language whose syntax is similar to that of JavaScript. NEO's platform adds a VM compiler which allows programming in nearly any common high-level language, including C#, Java, or Go. As the result, developers don't have to learn any unique language like Solidity which is necessary to create Ethereum-based projects.

Finally, the average block time on NEO is 120x faster than Ethereum and 6,000x faster than Bitcoin.

Clearly, NEO is grossly undervalued due to its superior platform as compared to both Bitcoin and Ethereum. It is only a matter of time before massive number of developers and investors flock to expand and enhance NEO's eco-system, and propel it to the next level.

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interesting indeed to see the development and potential of NEO. Thx

You're very welcome. I expect to see more ICOs using NEO besides Binance (finished), and incoming Red Pulse (ongoing presale and incoming ICO using NEO). https://coin.red-pulse.com/

Thx I'll check that out

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