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Author Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10  (Read 187492 times)
neonomad
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January 20, 2018, 09:09:00 PM
 #2901



What is NEO? https://www.bitcoinbeginner.com/blog/what-is-neo
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neonomad
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January 20, 2018, 11:56:10 PM
 #2902

Is it true that NEO could be delisted from Bittrex because it could be seen as a security? And that NEO can't be deposit/withdrawn from Bittrex since a month?
https://news.bitcoin.com/neo-approaches-record-high-but-centralization-concerns-persist/


First of all, you got this from bitcoin.com which is clearly fud to drop the price down.
Secondly, after binance bitrex is second market for neo. Do you really think they would shot themselfs in foot and delist neo which brings ton of money in fees?
Ok let's assume that bitrex will do that, what will happen? Price will drop for a moment to come back even bigger. Other exchanges will pick up volume and neo will be back on track.
Neo is threat to ether, so in other words it's money making machine. If bitrex even considering this than they are just stupid and don't know how to do business.

Please do not spread fud from bitcoin.com which is neat for bcash lovers and fudsters.

I agree, there is no way Bittrex would delist NEO unless the government said it must.

I also have to agree. Bittrex delisting NEO will be like them killing the goose that lays golden eggs.

For a minute, lets assume this is true. All Bittrex's NEO will be heading to Binance and Bitfinex and the folks at those two exchanges will be overjoyed like they won the lottery.

Bitcoin.com is known to broadcast news that suits their agenda so only read it as a bedtime storybook.

True, and also I tend to agree with Ron D's comment about that article / fudicle...

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January 21, 2018, 01:48:04 AM
 #2903

Still think it is a smart think to do to HODL your NEO, will sell it when it hits about 1000 dollars.. Till that time i'm holding it in my neon wallet so I can collect gas Smiley

"CrowdToken ICO BOUNTY - 500 000 free CRTK tokens for the winner, others share another 2mil. CRTKs"
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January 21, 2018, 03:09:32 AM
 #2904

The FUD article is just laughable, this must be like the fifth time he writes an article trying to talk NEO down, while in turn supporting Qtum that has been founded and is being led by one of the greatest scammers of all time, Patrick Dai.

The Bittrex wallet is down for an upgrade + testing purposes of NEO 2.6.0:

https://twitter.com/madjules007/status/954913337376235520

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s1lverbox
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January 21, 2018, 10:12:09 AM
 #2905

bitcoin.com- ver ,jihan and gang most likely have secret agenda to accumulate more neo i assume. They simply creating crap like that when they know money can be made.
because buying large amounts will create spike in price they trying do what they can to drop price to accumulate cheaper.
I would think they know something we dont and therefore they trying hard they can to spread this fud.

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January 21, 2018, 01:36:36 PM
 #2906

I did my research about NEO and took notes in the way. Based on my notes, I wrote a short (2-3 min) review. Might be helpful for newcomers who want to understand the NEO a bit more.
https://longcaller.com/coin/neo.html
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January 21, 2018, 01:59:03 PM
 #2907

I did my research about NEO and took notes in the way. Based on my notes, I wrote a short (2-3 min) review. Might be helpful for newcomers who want to understand the NEO a bit more.
https://longcaller.com/coin/neo.html

Good job buddy. Like your site. simple but informative.
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January 21, 2018, 05:45:38 PM
 #2908

Some good points that address critiques of $NEO have gained traction on Reddit recently -@ByteSizeCapital on Twitter
 fairytailzz

https://www.reddit.com/r/NEO/comments/7rwwsk/some_good_points_that_address_critiques_of_neo/


Credits to @ByteSizeCapital
This is his twitter account: https://twitter.com/ByteSizeCapital
source: https://twitter.com/ByteSizeCapital/status/954845409905541120
Recently, the following critiques of $NEO have gained traction on Twitter & Reddit without appropriate response:
1) NEO's consensus network is and always will be centralised 2) Consensus nodes need to be centrally approval 3) The number of consensus nodes is too small.
https://pbs.twimg.com/media/DUBJMg2UMAAEKka.jpg
https://pbs.twimg.com/media/DUBJNmCUMAA0_El.jpg

We'll start with NEO's consensus algorithm Delegated Byzantine Fault Tolerance (dBFT).
dBFT shares similiarities with dPoS:
1) Consensus nodes are elected by $NEO holders (1 NEO = 1 vote) 2) Consensus is achieved when >66% of all CNs agree on the next block.
https://pbs.twimg.com/media/DUBNl-kVMAA82HD.jpg
https://pbs.twimg.com/media/DUBNmCgX0AA0l-m.jpg

BFT & PoW consensus algorithms each come with their own advantages and disadvantages, summarised in the comparison table. The important differences are in:
Node identity management
Scalability (no. of nodes)
Performance (throughput).
https://pbs.twimg.com/media/DUBPcZdUMAAJZAw.jpg
https://pbs.twimg.com/media/DUBPcc5VwAANSaR.jpg

In a PoW blockchain, nodes do not need to "know" each other - anyone can download the mining software and participate in network validation.
PoW consensus is characterised by competition - nodes race to find the unique solution to the hash/nonce calculation.
Because of the competition, the addition of nodes is trivial. Malicious nodes attempting to alter the blockchain need to complete the cumulative PoW to succeed.
In a BFT blockchain, nodes need to "know" each other - 66% of nodes must come to agreement on the next block.
BFT consensus is characterised by cooperation - nodes review transactions in the mempool & suggest the next block. There is no race.
Because of the cooperation, the addition of nodes is difficult. Malicious nodes will succeed if they comprise >66% of the network.

Building the network in a PoW blockchain is easy: persuade others to run your mining software. How? Some things I've noticed:
Claim your blockchain does not allow ASIC mining
Make a nice logo
Market your coin on http://bitcointalk.org
Memes
Call it "Bitcoin [X]".

Building the network in a BFT blockchain is not so easy: you must grow it carefully, ensuring at all times that >66% of nodes are benevolent.
At a critical mass, CNs in a BFT network are able to govern the addition of new nodes - alongside $NEO voters - in a distributed yet coordinated manner.
It is a republic, not a democracy: $NEO owners vote for nodes & existing CNs act as the distributed constitution.
https://pbs.twimg.com/media/DUBZ1ykUQAYayU2.jpg
https://pbs.twimg.com/media/DUBZ12SWAAUkuf8.jpg

Thus, a BFT network must start centralised and slowly decentralise. How?
1) Vote in trustworthy nodes via a central entity 2) Hold the nodes accountable until the network is large enough 3) Relinquish control of voting & establish a distributed "node constitution" mechanism.

Do the actions of $NEO Council make sense now?
1) Manually voting in corporate nodes like @KPN 2) Holding nodes legally accountable (temporary until critical mass) 3) Distributing the 50 million NEO held by NEO Council over a timeline in the form of strategic investments.
https://pbs.twimg.com/media/DUBeJfNUMAATnPo.jpg
https://pbs.twimg.com/media/DUBeJicVMAEH6rX.jpg

Finally, @coz_official & NEO Council are already working on developing the "node constitution" logic to be implemented once the BFT network is successfully bootstrapped to a certain critical mass.
This is the final step needed to truly decentralise $NEO.
https://pbs.twimg.com/media/DUBebOPVwAI4ji7.jpg

I hope I've brought to light the technical & operational complexity involved in building $NEO.
It's certainly not as easy as forking an existing codebase and changing a few parameters or hashing algorithms.
If the multi-year effort is successful, NEO will be a global, distributed, highly scaleable, high finality (unforkable) & high concurrency network powering Smart Economy.
Owning $NEO is literally owning a share of this network and all $GAS fees. I'm willing to take the risk.

PoW vs. BFT:
http://vukolic.com/iNetSec_2015.pdf

NEO Consensus:
http://docs.neo.org/en-us/node/consensus.html

NEO Coopetition:
https://medium.com/proof-of-working/decentralization-from-coopetition-b10d7ce3b9d
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January 21, 2018, 05:54:09 PM
 #2909

great and interesting project, i hope thia will have a big success in the near future. goodluc dev/team.
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January 21, 2018, 07:32:33 PM
 #2910

I did my research about NEO and took notes in the way. Based on my notes, I wrote a short (2-3 min) review. Might be helpful for newcomers who want to understand the NEO a bit more.
https://longcaller.com/coin/neo.html

Good write-up. Thanks for that.

It explains NEO better than I can, so I just give my friends a link to your page  Wink
conex
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January 21, 2018, 07:48:19 PM
 #2911

I did my research about NEO and took notes in the way. Based on my notes, I wrote a short (2-3 min) review. Might be helpful for newcomers who want to understand the NEO a bit more.
https://longcaller.com/coin/neo.html

Great, thank you for sharing !

“If you personalize losses, you can’t trade.” – BK
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January 21, 2018, 07:50:09 PM
 #2912

great and interesting project, i hope thia will have a big success in the near future. goodluc dev/team.

Great, thank you for sharing !

Future is never truly set!
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January 21, 2018, 08:15:04 PM
 #2913

Kucoin Recommends the Use of NEO for Withdrawals

We've detected the network congestion of ETH official website, it is more likely the occurrence of delay withdrawal of ETH from part of the users. Hence we'd recommend users to proceed withdrawal by transferring ETH to NEO.

https://twitter.com/kucoincom/status/953539041416245248?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fthemerkle.com%2Fkucoin-recommends-the-use-of-neo-for-withdrawals%2F
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January 21, 2018, 10:51:14 PM
 #2914

KuCoin – an exchange that is catching the radar of many traders as an option to go, is recommending that users step to a different coin altogether as a solution to complete the transfers. The choice would be NEO.

It is the first time we’ve seen a popular cryptocurrency exchange advise users against relying on Ethereum for withdrawals and deposits. This sets a very interesting precedent, although it is expected that this is a one-time event. The Ethereum developers have been working on major network improvements for some time now

When it comes to the team backing up NEO, Da Hongfei – the founder will be talking in Melbourne Australia on March 13 – 15 during the APAC Blockchain conference. The event is in a partnership with the Australian Digital Commerce Association (ASCA), the industry network for Australian businesses using blockchain solutions. The intention is to work together in order to spread the understanding of blockchain technology.

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January 22, 2018, 01:03:49 AM
 #2915



http://www.icolancer.com/news/neo-prime-contender-against-ethereum-in-the-smart-contract-space
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January 22, 2018, 08:32:44 AM
 #2916




So Chinese NEO is a knock off of Putin's ETH? Very funny.

I wonder what american Ether is.

EOS turned put to be a 100% premined coin/ICO.

https://steemit.com/bitcoin/@brooklynite/btcz-and-how-it-is-a-distinguished-crytocurrency-bitcoinz-or-bitcoin-2-0
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January 22, 2018, 08:55:35 AM
 #2917

security

Evrial Trojan Switches Bitcoin Addresses Copied to Windows Clipboard

https://www.bleepingcomputer.com/news/security/evrial-trojan-switches-bitcoin-addresses-copied-to-windows-clipboard/


A new information stealing Trojan called Evrial is being sold on criminal forums and being actively distributed in the wild. Like most infostealing Trojans, Evrial can steal browser cookies and stored credentials, but this Trojan also has the ability to monitor the Windows clipboard for certain text, and if detected, modify it to something else.

First discovered and tracked by security researchers MalwareHunterTeam and Guido Not CISSP, by monitoring the Windows clipboard for certain strings, Evrial makes it easy for attackers to hijack cryptocurrency payments and Steam trades. This is done by replacing legitimate payment addresses and URLs with addresses under the attacker's control.

Evrial takes control of the Windows clipboard

Evrial's most interesting feature is that it will monitor the Windows clipboard for certain types of strings and replace them with ones sent by the attacker. This allows the attacker to reroute a cryptocurrency payment to an address under their control. While clipboard monitoring is common with programs like this, MalwareHunterTeam has told BleepingComputer that modifications are much more rare.

For example, bitcoin addresses are not the easiest string of text to type into a program or website. Due to this, when someone sends bitcoins to an exchange or wallet, they typically copy the address that the coins should be sent to into the Windows clipboard and then paste that address into the other app or site that is performing the sending.

When Evrial detects a bitcoin address in the clipboard, it replaces that legitimate address with one under the attacker's control. The victim then pastes that address into their app, thinking its the legitimate one and not realizing its been replaced, and clicks send. Now when the bitcoins are sent, they go to the attackers address rather than your intended recipient.


Evrial is configured to detects strings that correspond to Bitcoin, Litecoin, Monero, WebMoney, Qiwi addresses and Steam items trade urls.

Evrial steals passwords documents

In addition to monitoring and modifying the clipboard, Evrial will also steal bitcoin wallets, stored passwords, documents from the victim's desktop, and a screenshot of the active windows.  All of this information will be compiled into a zip file and uploaded to the attackers web panel ..............



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January 22, 2018, 09:17:52 AM
 #2918

Hello guys,

Does (neo)gas have transactions fees from NEON Wallet to an exchange ? Assuming that the exchange has no fees on the (neo)gas deposit
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January 22, 2018, 10:40:51 AM
 #2919

Better be smart than sorry. The Qlink ICO is over, even if Neon supports a function to participate in a token sale.
 by barcoe

https://np.reddit.com/r/Qlink/comments/7s1arm/better_be_smart_than_sorry_the_qlink_ico_is_over/?st=JCPGSSQ7&sh=5573c31b

The new version of Neon supports a function to participate in a token sale (ICO). CoZ made it easy for Neo holders to send tokens in a toke sale event. However - this functionality is not disabled for tokens where the sale is over. This means if you send NEO today, thus after the ICO has ended, your tokens will be lost.
Here is an extract from the disclamer on the Neon token sale page: If you send NEO/GAS to a token sale that has already ended, you will lose your NEO/GAS and will not be refunded.
So better be smart than sorry.


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January 22, 2018, 12:19:03 PM
 #2920

I deleted my chain files because my wallet didn't sync anymore. I restarted and now it is showing 2 numbers. Does anyone know why?



This is normal, when it is fully synced and you open your wallet all 3 numbers should be the same.

Hi, yes, but why are there 3 numbers? I've only ever had 2 numbers.
1st - for wallet blockchain
2nd - for local blockchain
3rd - for network blockchain.

I saw these after upgrading to a later wallet.

Thanks! I recently downloaded a new version of the wallet, so that probably explains Smiley

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