Today almost every ICO is built on ERC20 token platform whereas Vitalik Buterin is one of greatest minds of century.
We have lots of examples where you can can explore Alibaba is closing in on Amazon’s market cap.
Similarly WeChat dominating Chinese social media & plays by their own rules.
China mostly in favour of using their own technology / networks and no much concern what actually USA is doing.
NEO and Ethereum are aiming for similar roles in the crypto community. Both want to be achieve their value greater than each other.
SUPPORT
• NEO is backed by the Chinese government. This is most important factor that’s why NEO’s got too much popularity in China. It becomes China’s first open-source public blockchain project.. Lots of big names WINGS, Alibaba, and various Microsoft supporting NEO.
• Ethereum is nowhere suupported by any nation’s government..
LANGUAGE
• NEO’s smart contracts and DApps can be written and compiled in C# and Java.
• Whereas for Ethereum, you have to learn a new programming language called Solidity. Very less people knows about this language.
FUELING THE BLOCKCHAIN
• For NEO there is special crypto asset named NEOGAS which is used as a crypto-fuel for NEO’s blockchain.
• Whereas in Ethereum its own small unit of Ether is used as GAS for network transaction.
SPEED
• NEO can handle 10,000 transactions per second.
• Whereas Ethereum can handle only 15 transactions per second.
This is MAJOR NEO’s advantage over Ethereum.
DIVISIBILITY
• NEO’s blockchain is nowhere divisible.only exists in whole numbers (1,10,500,10000, etc.).
• Whereas Ethereum is divisible even upto small fractions. It can be divided (1.000100, 0.4352, 5.55555etc.)
INTERNATIONAL AUDIENCE
• There is very less information available about NEO due to its Chinese roots.
• Whereas Ethereum is already a Globally world known currency which fully supports & serves to its international supporters.
Yes Its CHINA in WORLD always in favour of doing BIG & same NEO will do definitely in near future.
Lots of chances to multiply your investment.o.
From above article it can be clearly seen that neo is more better than MEW but it is most underrated wallet it may get popularity after sometime when all the airdrops requires neo wallet..Anyway it is challengeable to beat MEW but we cannot say that it is impossible.
if it gets popualar then neo will bypass etherum price
@sachinmehta what do you think, is only by china NEO will cross etherium's market cap?
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STOPNice explanation.
@sachinmehta
Very useful knowledge.agreeing on NEO great future
But in coin market cap ether still on 2nd and it seems difficult for neo to beat ether
Good info
Nice work....nice to know about neo...
Coins mentioned in post:
Thanks bro for sharing this useful information
Great information about neo @sachinmehta very helpful ......
good luck sir