What to make of NEO? The Chinese blockchain is, on paper, the most successful Asian cryptocurrency project to date. It’s listed on most major exchanges, boasts high trading volume, hosts numerous ICOs and has smart contract functionality. Not everyone is impressed though. Critics have called NEO a centralized, expensive, and unusable disaster. So which interpretation is true?
read more : https://samcrypto.com/neo-either-raging ... -disaster/
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CryptoBlackHat
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Re: NEO Is Either a Raging Success or a Total Disaster
The question is, what competition does NEO really have?
The biggest competitor would naturally be Ethereum, but the two don't actually overlap as much as one might think. The developers of NEO are integrating strong identity services that are designed to work with the government to create a blockchain platform that is compatible with the political environment in China. This gives it a huge advantage in one of the world's biggest markets, and in my opinion means that NEO should not be underestimated.
The biggest competitor would naturally be Ethereum, but the two don't actually overlap as much as one might think. The developers of NEO are integrating strong identity services that are designed to work with the government to create a blockchain platform that is compatible with the political environment in China. This gives it a huge advantage in one of the world's biggest markets, and in my opinion means that NEO should not be underestimated.
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