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Giovedi Nov 23 2023 09:12
3 min

Have you heard of NEO cryptocurrency?
Founded in 2014, NEO (formerly known as AntShares) is a non-profit, open-source blockchain platform and crypto project.
It supports its own cryptocurrency, which allows for the development of digital assets and smart contracts in a bid to develop a smart economy using dencentralised applications.
If you’re keen to trade cryptocurrency in the form of CFDs, you can find out more about NEO cryptocurrency below.
Founded by Da Hongfei and Erik Zhang in 2014 as AntShares, NEO aims to establish a smart economy. It was renamed NEO in 2017.
It does this by digitising assets, enabling smart contracts, and enhancing digital identity management via a distributed network.
It uses two native tokens, NEO and NEO Gas, on its blockchain-centric platform.
The key thing to note about NEO is that it works differently from other blockchain platforms.
It focuses on complying with regulations and developing a development platform for decentralised applications.
Its consensus mechanism is also different from Bitcoin and Ethereum, which is known as Delegated Byzantine Fault Tolerance (dBFT) to achieve high scalability and energy efficiency.
In addition, it differentiates itself by offering support for multiple programming languages, making it accessible to a wider developer community.
Having been through the ups and downs of the blockchain industry, NEO remains a key player in the blockchain ecosystem – continuing to explore innovative solutions for a more interconnected and efficient future.
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When considering "CFDs" for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss. Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice."
Informativa sul rischio: questo articolo rappresenta solo l’opinione dell’autore ed è solo per riferimento. Non costituisce una consulenza di investimento o guida finanziaria e non rappresenta la posizione della piattaforma Markets.com.Nel valutare azioni, indici, forex e materie prime per il trading e per le previsioni di prezzo, ricorda che il trading di CFD comporta un livello significativo di rischio e può portare alla perdita del capitale.I rendimenti passati non sono indicativi dei risultati futuri. Queste informazioni sono fornite esclusivamente a scopo informativo e non devono essere interpretate come consulenza di investimento. Nota: il trading con CFD su criptovalute e lo spread betting è soggetto a restrizioni nel Regno Unito per tutti i clienti al dettaglio.