NEO rising: the return of NEO could mean the end of Ethereum
neo·@blockrush·
0.000 HBDNEO rising: the return of NEO could mean the end of Ethereum
<html> <p><img src="https://steemitimages.com/DQmQ2cDjXoNG9fvcHTdW1ZQfiEfZZRS54A2qrBMLS3B1CBo/neo.jpg" width="1024" height="768"/></p> <h1>What is NEO?</h1> <p><a href="https://neo.org">NEO</a> is a Chinese-developed Blockchain platform for developing Blockchain applications. NEO is similar to Ethereum and was formally known as AntShares.</p> <p>Following the Chinese crackdown on ICOs, NEO has restricted its activities and growth, awaiting when the Chinese governments finishes setting up its regulatory framework so it can resume full operations.</p> <p><br></p> <h1>Why could NEO dominate the world?</h1> <h3>Government recognition and support</h3> <p>As we have already said above, China is only re-organizing itself to able to regulated cryptocurrency so it can resume trading.</p> <p>Regulations will mean that every cryptocurrency traded in China will have too be government approved. No other cryptocurrency(aside Bitcoins) will impress the Chinese government than their very own NEO.</p> <p>The Chinese government will find it easier to deal with a native enterprise than one from Russia.</p> <p>As we have already seen, NEO is not s cryptocurrency but a Blockchain application platform just like Ethereum. This will mean that it could become the hotspot for the creation of licensed and regulated ICOs in China.</p> <h3>China is perfect for cryptocurrency</h3> <p>China has everything NEO will need to be successful:</p> <ul> <li>Strong cryptocurrency developers - China's performance in the Bitcoin economy proves it has enough skilled human resource in cryptocurrency.</li> <li>Cryptocurrency literate population - the Chinese people do not need introduction to cryptocurrency.</li> <li>Mining resources - China alone provides upto 70% of all Bitcoins' mining power.</li> <li>Native support - NEO is a native Chinese venture and will not struggle to get acceptance among the Chinese community.</li> <li>Economic wealth - China is not just a developed economy. They are the world's factory and produce everything used in the world. China has got lots of money.</li> </ul> <h3>NEO could be superior to Ethereum and EOS</h3> <p>NEO is designed to be a smart economic network by integrating;</p> <ul> <li>user identity systems</li> <li>digital asset management</li> <li>digital signatures</li> <li>smart contracts</li> <li>cross chain interoperability protocols</li> <li> quantum-resistant cryptography</li> <li>distributed storage protocol</li> <li>secure communication protocol </li> </ul> <p><br></p> <p>Even now, NEO is already the 10th largest cryptocurreny <a href="https://coinmarketcap.com/">according to Coin Market Cap</a>. The fate of EOS and Ethereum hangs in the balance until NEO returns.</p> <p><br></p> <p><em><strong>What do you think?</strong></em></p> <p><br></p> <h1>Upvote, resteem and follow @BlockRush for Bitcoin and Blockchain news</h1> <p><br></p> </html>
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