Bitcoin Forum

The transaction throughput of NEO is measured up to about 10,000 tx per second. Right now the transaction throughput of NEO is said to be 1,000 per second. We all know that the transaction throughput of ETH is only 15 tx per second. Does it mean that NEO's tech is better than that of ETH?

So big thing what's the use of transaction speed now all these are good for the future if any implications takes place for now eth works perfectly fine most required confirmations take 10 min max with fees of 0.003 eth. But you can consider neo to be next eth for sure.
It surely has a low volume and price factor but as time progresses it looks like a top 5 coin in future.

I think NEO is still undervalued. ETH is good, but if Vitalik's team can not increase the throughput, NEO will eventually take away part of the market.

Neo has awesome tech and is undervalued at the moment. It's a coin that is quite expensive to invest in at the moment but i believe this will feel cheap in the future when the price rockets.

I think 1000 tx/sec for neo is bullshit, during the first NEO ico, redpulse, many tx staid in pending during a very long time.
There is a big difference between therory and pratice and for me ETH seems stronger.

well NEO's tech surely is amazing and very useful for the crypto world. But the thing is, etherium is not at its place only because of speedy transactions. That is why i don't think that NEO will be replacing etherium that easy. At least not in anywhere near the next 5 years or so. NEO has great potential, but not isn't that great yet to be compared to erherium itlself. So...

Speed wise yeah but ETH will always take benefit of first comer in the field of smart contract just like bitcoin. NEO is still sturgling to grab attention from projects so that it can be used for more ICOs while there are hundreds of ICO that gonna run over ETH in near future.

This is the good thing about crypto.

only the best tech will win

I think that the future of Neo will heavily depend on the regulations set out by china in the near future. If they end up deciding, as many speculate they will, that Neo is their preferred platform for ICOs then I guess I'd expect Neo to match or possibly surpass Ethereum just down to the sheer size of the Chinese population. No company is going to want to shoot themselves in the foot and exclude a nation of over 1.3 billion from being able to invest in them. As well as the Chinese population you also have countries like Japan who would probably prefer an East Asian based company to handle their ICOs.

It's all goin to be very interesting when, and if, the PBOC release their stance on the situation.

Eth has its own advantages which you cant find on new neo technology. After latest fork ethereum transactions are more faster than before if you pay attention to block speed. Current neo price shows that it's price is undervalued.

NEO's speed is awesome and will surely find its place at the right time, maybe when regulations are also laid by populous China. In a world where speed matters, expect NEO to soar or  dovetail ETH.

Neo has it own advantages so as eth , you can judge eth only by the speed, I guess there are other factors

Overall, this is yet to be proven. There hasn't been any dapps that is usable on any platform. All the programming in the blockchain did was an ICO and both platforms has varying difficulties processing it. There's a time that ETH network even stopped working and NEO transactions stucked, and has this recent downtime where there shouldn't be any, what more when these platform running full blown dapps? We should be able to see this unfold starting next year.

I feel i'm in a thread full of NEO hype cheerleaders. How is the "technology" better...please provide clear examples instead of fantasy, a lot of it just sounds like "configuration" not "tech".

There are many other coin that have very high tx / s but can not say it better than ETH. Technology is very old but prices are high.

We do also have to bear in mind that Ethereum has very strong developers and we are halfway to PoS now. ETH is certainly not standing still, and for the moment I think is a stronger bet than NEO.

I suppose NEO is a really perspective coin and it is undervalued
but ETH is a very well-based and grounded coin

Wow! that's huge difference when according to transaction rate for both of currency. Maybe NEO is the winner with this category but sort of a lot of features should be carried out to win over the other. For me, over all is Eth the winner and better than all crypto currencies because currency value matters. that's the thing.

I think that Eth will have a massive bump up when it fully implements its PoS protocol, it is getting there now and you're getting tokens like PoSToken popping up which will help.

It's hard to say which one is better, Neo is still in its early days and Ethereum is more established.

Well i mean yes in the aspect of transaction throughput. However if that is the only aspect that an altcoin is judged by to consider how successful or good it is then I'm sure that Steem/Bitshares/EOS or even IOTA would be winning the altcoin race right now.

ETH's got more market cap, more users using its ERC20 token platform to do ICOs, more smart contracts.

NEO still has lots of catching up to do.

I believe that there is a huge difference between the two. There are advantages in each of the sides but I think ETH will win in this period of time. But I think NEO will also rise someday.

NEO definitely needs a lot of work to get it into the turbo mode. Hopefully ETH can evolve faster and stay strong.

Agree, the ecosystem (documentation, example codes, etc.) of ETH is so much better than NEO right now. But I do notice that ADEX decided to move its ads platform from ETH to NEO, which is kind of worrisome as a ETH fan.

Right, I once think that ETH will easily surpass BTC and become the No.1 coin. However, it seems that BTC is more bullish than ETH lately, due to the hard forks.

How could you compare a scam with another scam mate? Eth's scam might be over but with Neo I'm not so sure, why Bitcoin with 7 Tx/s is more

Successful than any other coin? it's not about the transactions and their capacity mate, Eth and Neo both are open source, anything open source

Is free for everyone to use but in the case of Bitcoin, it was designed to be a currency, Eth and Neo are not currencies, why would you even pay

For them? just use them for what they are used for.

Funny enough that the airdrop on ETH is benefiting its own ecosystem.

Well it really should be. It was developed after ETH so they could use that as a template to work with.

Technology simply cannot be measured as better or worse in every case. Transaction speed is just one factor, and if that were the case, then VISA has better technology than any crypto on measure of speed alone. In a more specific look, the ability of a crypto network to scale according to growth/usership is the measure of how flexible and agile the technology is. Bitcoin has its problems, but not because of tech, because of the design of upgrades. ETH has less problems because leadership is clear and accepted (they also have disagrements, however!).

NEO we can only judge if and when the network ever gets to a size it needs to scale.

both of them are having pos and ad but eth at the moment we need the tech of th

I think Neo has some time to go and hopefully china gets it together and then we can see its potential.