![]() It is expected to launch Neo3 in 2020 introducing higher throughput, enhanced stability & security, an optimized smart-contract system, and a feature-packed infrastructure to bolster developer adoption & enterprise support.Other blockchain features include elements such as NeoID (a decentralized identity protocol) and NeoFS (a distributed object storage solution for on-chain data applications). Neo's technology is powered by dBFT2.0 (a consensus algorithm) and includes the use of the NeoVM (a lightweight, cross-platform, and scalable virtual machine) with the support of smart-contracts. ![]() ![]() NEO uses a unique blockchain algorithm that improves upon Ethereums model. While NEO is the dedicated network cryptocurrency, GAS tokens are used to perform transactions on the Neo blockchain and are distributed by holding NEO in wallets. Formerly known as Antshares, NEO is a recent iteration on Ethereums smart contracts. ![]()
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