Dear Holders, we begin a series of articles where we will consider leading cryptocurrencies and compare them with others. And today we will get acquainted with NEO cryptocurrency and EOS cryptocurrency and compare them with each other.
- What is NEO?
- NEO price
- Where to buy NEO cryptocurrency?
- NEO GAS calculator
- EOS cryptocurrency
- How to buy EOS?
- EOS price
- EOS blockchain
What is NEO?
NEO is a cryptocurrency smart asset platform one of the first blockchain projects from China, the progenitor of which was the Antshares platform.
The NEO cryptocurrency is really a large blockchain project that works on the basis of a smart economy. Users who using the NEO blockchain and digital identification can register, program and trade several types of assets.
You can choose any pair to NEO, including Bitcoin NEO / BTC, NEO / ETH and various fiat.
Where to buy NEO cryptocurrency?
Basically, a NEO coin can be bought on cryptocurrency exchanges such as: Binance, OKEX, Bitfinex, Kucoin, Poloniex, Bittrex, HitBTC, Bibox. Easy to analyze the portfolio including NEO with Holderlab.io.
NEO GAS calculator
Direct mining of NEO is not possible, and the issue of NEO is limited to 100 million coins. 50 million coins frozen and will be used to develop the NEO system.
The remaining 50 million were distributed among ICO participants, so new NEO coins will not be issued.
In this regard, the GAS cryptocurrency was developed, which is a cryptocurrency inside the NEO system and which is subject to emission. GAS itself is built on the principle of Proof of Stake, all participants of the NEO system receive the bonus from the conducted transactions in the form of GAS tokens. Therefore, in order to receive GAS, you must store NEO in your official wallet.
You can check the reward as the amount of GAS on official sites.
EOS is a platform for developing decentralized applications with a very high transaction processing speed. More than 100,000 transactions per second). EOS token is included in the top 10 cryptocurrencies by capitalization. Cryptocurrency EOS uses the Ethereum-based ERC-20 protocol. EOS mining is not possible. The protocol DPoS (Delegated Proof of Stake) was introduced here very reliable and democratic
How to buy EOS?
You can become the owner of tokens only by purchasing them on the exchange. EOS highly liquid coin. Can be exchanged for fiat and other cryptocurrencies on most crypto exchanges.
- Huobi Global
Since EOS uses the ERC-20 protocol, it is possible to store cryptocurrencies on universal wallets. For example Exodus, MyEtherWallet or hardware Ledger Nano S.
EOS is mainly traded in pairs such as: EOS / BTC, EOS / USDT, EOS / ETH.
Cryptocurrency EOS uses an efficient and fairly reliable consensus algorithm on the Blockchain-DPoS network. Delegated Proof of Stake is different from Proof of Stake. They work in completely different ways. The general principle of work is directly related to voting, those who own the EOS have the right to vote. It affects the choice of “witnesses”, who then verify transactions and block validation. In simple terms, DPoS is a democratic and truly decentralized system. DPoS used in Steem, Bitshares too.
Summary NEO vs EOS
NEO is a big threat to ETH, as it enjoys the support of the Chinese government. Cryptocurrency NEO developers can use such popular programming languages as Java, C ++. NEO has an internal GAS cryptocurrency that users can earn or use for other needs.
EOS uses one of the reliable systems on the blockchain, the Delegated Evidence System (DPoS). Cryptocurrency EOS is fast in network transactions. EOS also has more significant market capitalization, than NEO.
Check the correlation between EOS and NEO using the free cryptocurrency correlation matrix in Holderlab.io
Корреляция EOS и NEO.
The correlation at the 2-year distance between NEO and EOS is quite high.
Thus, both NEO vs EOS have their own advantages and disadvantages, so our verdict is a draw. Two of these cryptocurrencies deserve the right to be in the portfolio.