There are many many more. I think it again, ETH and LTC,
It has better and many multiple users.
I'm the first home. Select ETH
CRYPTO NEO REVIEW (ARTICLES OF PERSONAL VIEWS, PLEASE IMPORTANT DIFFERENTIAL)
1. General information about the project
- Project name: NEO was founded in 2014 under the name of AntShare, then officially changed from NEO on June 22,
- DO NOT NEED TO INTRODUCE A SMARTER ECONOMY by Digitizing + digital identity + smart contract = SMART ECONOMY
- Dong NEO represents the right to manage the system including audit voting, changing network parameters ...
- Token symbol: NEO
- Time to floor: 9/9/2016
Prices from ICO:
2. What is the content of the project and project?
- DO NOT NEED TO INTRODUCE A SMARTER ECONOMY by Digitizing + digital identity + smart contract = SMART ECONOMY
3. The project has progress / evolution in technology or practical application
- The first project using the DBFT consensus mechanism
- What is DBFT: The consensus mechanism divides the block into several parts, then sends each part to the other consensus nodes, followed by the nodes to exchange information about the pieces in the block with each other. to agree. When the number of concurrent node reaches 2/3, the block is closed, this helps Neo accelerate the transaction, faster operation
- The improved DBFT mechanism from traditional POS has both advantages and points compared to POS.
- BENEFITS: In traditional pos, every node has the same voting power in the new block, in the DBFT mechanism there is a new "class" that is a consensus node or book-keeper. All nodes have the right to choose the book-keeper, which means that the "electors" have the right to block the book. The book-keeper is authorized to operate, protect the network, help Neo work fast. More, more effective, shorten the time to make decisions. "NOTE: All book-keeper has a full name, so NEO will be highly legal, supported by the government.
- REMEMBER: reducing decentralization, looking beyond authentication to nodes around the world, focuses on a small number of nodes. Currently all book-keeper nodes are in NEO's main team, but according to dev team to Q1 / 2018 NEO node will hold 2/3 and continue to decrease over time. NEO NEVER NEEDS ACHIEVEMENT AS POSSIBLE.
However, DBFT is very good at dealing with Hard Fork: Fork happens when it is not possible to reach the consensus of all operating system nodes, ETH fork when problems arise (ICO DAO). In contrast, NEO prevents this from happening, and NEO requires 2/3 (66%) of the book-keeper to vote in favor of the system. This gives a consistent consistency to the system, good forking