Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => NEO Forum => Topic started by: Domithra on November 28, 2017, 07:33:47 PM

Title: How is NEO different from ethereum?
Post by: Domithra on November 28, 2017, 07:33:47 PM
NEO supports many additional code bases (e.g. C#, VB.Net, F#, Java, Kotlin) while Ethereum has it’s own proprietary language called Solidity, which requires developers to learn that before any development can take place. This means a longer learning curve and barrier to entry which could hinder the number of developers that can enter the ecosystem.
What's your opinion?
Title: Re: How is NEO different from ethereum?
Post by: rost1989 on December 04, 2017, 11:20:21 PM
Neo transferring also doesn't require comission. Plus it produces gas that is consumed under performing some actions on the platform. For me NEO is much better than ETH. But Neo should work with it's interface in order to make it more user friendly.
Title: Re: How is NEO different from ethereum?
Post by: sixexgames on December 05, 2017, 08:08:12 PM
NEO is non-divisible. I'm not sure what the point is of that. But I can't send you .5 NEO.
Title: Re: How is NEO different from ethereum?
Post by: sabbir2world on December 08, 2017, 02:39:25 PM
You are absolutely correct but FUD does help to change the game xD
Title: Re: How is NEO different from ethereum?
Post by: Hanmaa on December 22, 2017, 02:28:24 PM
NEO is non-divisible. I'm not sure what the point is of that. But I can't send you .5 NEO.
NEO platform involves 2 different tokens. NEO and GAS.
The NEO token is actually a share in the NEO platform and gives you the right to vote. It can not be divided. In addition to voting rights, NEO holders receive dividends in the form of GAS. In contrast to NEO, GAS can be divided.
Addition of 1 block to the blockchain produces 8 GAS. 
The production speed decreases with 1 GAS after every 2 million blocks generated. In about 2039 there will be 100 million GAS and production will stop.
In addition users pay in GAS to execute smart contracts and this fee is then divided among bookkeepers as a reward.