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RE: iuohnj

in #cryptocurrency7 years ago

Thank you @taskmaster4450! Thank you, I'm glad to hear that you like my work. Well firstly it is actually backed quite strongly by the chinese government, which is natrually a good sign for a succesful company.

Regarding the utility of Neo, here are some points about it:

  1. Can handle 10,000 transactions per second
  2. Neo have developed an anti-quantum cryptography mechanism and claim that quantum computers can't hack them
  3. Their platform is aimed at digitzing _real world_ assets, which is a huge utility in my opinion.
  4. it does not have one specific function that makes it a "wow" coin, but when you combine all of that with its already large audience, I think it has a good future. That being said, from a general perspective, it is always better to look for coins with very specifc unique selling points. Neo is one of the few exceptions that provides a multitude of unique features but also has a lot of support!

    Oh and I forgot to mention the fact that you can build Dapps and smart contracts with so many different programming languages on Neo is a big plus. Hope this helps!