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Author Topic: Difference between NEO and GAS  (Read 560 times)
RoyTers
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January 02, 2018, 06:14:42 PM
 #21

GAS is a token that you can use to speed up transaction, you need a minimun quantity
Alex_marik
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January 02, 2018, 06:22:36 PM
 #22

Since there is a hard cap on the total number of GAS, once all the GAS has been distributed will NEO holders no longer receive GAS?
crimsongoth
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January 02, 2018, 06:47:04 PM
 #23

NEO is an infrastructure platform that can create coins (tokens) just as Ethereum, Waves and Next.

GAS is just a token built on NEO. I think it is the promising in crypto world.
FiveReels
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January 04, 2018, 06:01:42 AM
 #24

Gas is a token and are usually used for transactions for sending tokens from wallet to wallet. Neo is a platform a blockchain just like ETH BTC or Ripple perhaps. Both has differnet and vital fucntions in crypto world.



Teraboy
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January 04, 2018, 06:30:56 AM
 #25

NEO is an infrastructure platform that can create coins (tokens) just as Ethereum, Waves and Next.

GAS is just a token built on NEO. I think it is the promising in crypto world.
No man, If in ethereum platform you will see gas goes to the miners but in the neo gas will be distributed for those are staking their coin to the network because that was used pos system and you must understand more about that. Gas just like an emission that generated from everytransaction in the network.
FiveReelsTwo
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January 04, 2018, 10:07:04 AM
 #26

NEO is a platform or a blockchain it is like a Ripple or Ethereum or Bitcoin in this matter. Gas is a a Token are commonly used for usual transactions that are produce when you transact using Neo. That is how I understand it.

dado7
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January 04, 2018, 10:59:47 AM
 #27

Kaizer28 explained it perfectly. In a nutshell - you hold NEO and receive GAS.

If you are an investor interested only in trading - you receive some extra value "for free" that you can use for trading.

If you are interested in the technology of NEO and want to keep a share inside, like a traditional investor, then it is like your dividend. If you would be holding a traditional share of some company, if that company turns profit you would receive a compensation - dividends - that is the encouragement right there for you, for holding the shares and not just selling them. Similar is with GAS although you receive it no matter what and it has it own "tradeable" value just like the main token/share - NEO.

crazy-joe
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January 16, 2018, 07:09:04 PM
 #28

On which platform I can get GAS?
GrannyC
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January 20, 2018, 02:40:39 AM
 #29

Sometimes the relation NEO and gas is a bit blurry, the prices should move pretty much in the same form, as NEO value is mainly derived from GAS price, but sometimes it just does not match. Maybe I am missing something.
GrannyC
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January 20, 2018, 02:45:23 AM
 #30

On which platform I can get GAS?

You can buy gas at many exchanges. Just go to https://coinmarketcap.com/ look for GAS and go to the markets tab. You will find this list of exchanges in which to buy:

1   Huobi   GAS/BTC   $11,140,700   $55.82   49.89%   Recently
2   Binance   GAS/BTC   $4,665,010   $55.92   20.89%   Recently
3   Huobi   GAS/ETH   $4,547,910   $54.35   20.37%   Recently
4   Poloniex   GAS/BTC   $794,539   $55.76   3.56%   Recently
5   OKEx   GAS/BTC   $396,173   $56.89   1.77%   Recently
6   Kucoin   GAS/BTC   $238,515   $56.54   1.07%   Recently
7   Kucoin   GAS/NEO   $119,123   $54.16   0.53%   Recently
8   OKEx   GAS/USDT   $85,517   $54.77   0.38%   Recently
9   Coinnest   GAS/KRW   $69,506   * $61.34   0.31%   Recently
10   Exrates   GAS/BTC   $63,850   $71.85   0.29%   Recently
11   Poloniex   GAS/ETH   $58,091   $55.62   0.26%   Recently
12   Exrates   GAS/USD   $54,980   $68.17   0.25%   Recently
13   Gate.io   GAS/USDT   $41,179   $56.35   0.18%   Recently
14   OKEx   GAS/ETH   $30,315   $55.62   0.14%   Recently
15   Kucoin   GAS/KCS   $18,232   $54.09   0.08%   Recently
16   Gate.io   GAS/BTC   $7,732   $56.37   0.03%   Recently
kaysersoze
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January 20, 2018, 03:05:56 AM
 #31

What is the difference between NEO and GAS? I get to the same website from both of their coinmarketcap page, but they are valued differently and moves also a bit different.

The best thing of that if that you can earn GAS just by holding some NEO's on your wallet, that is the most useful usage of NEO/GAS.

But the earning is pretty low at the moment, you need to have thousands in order to make at least $10 a day.

UZIzzzz
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January 20, 2018, 07:46:30 AM
 #32

Many times I don't know this problem, but the transfer of NEO requires a certain amount of GAS, but it doesn't need to consume GAS, so I don't understand this mechanism.
After consulting with the officials of the NEO, they told me that it o put NEO in the NEO wallet can win GAS regularly. Huh

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Purwal
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January 26, 2018, 11:52:23 AM
 #33

Been holding NEO for a long time now. But I'm just thinking of, what happens when/if NEO reaches $100, $200 or even $400, and NEO isn't divisible? People would be forced to buy whole shares of NEO if they want to move it out of the exchange and into a wallet. Couldn't NEO not being divisible be an issue as far as how many people don't buy it cuz it's too much to get one NEO? Maybe I'm just getting ahead of myself here, cuz we may never reach $400, but just a thought. And my thinking is, that it may make GAS just as valuable if not more valuable than NEO since that is divisible.

I wonder if there is any possible way for NEO to become divisible at any point. Probably not. Smiley Wink
jbautistangina
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January 26, 2018, 01:09:26 PM
 #34

From what ive researched NEO  was formerly known as ANTSHARES and NEO is the platform like Ethereum/WAVES platform.GAS from the name itself is a coin that you will need to have to be able to transact in NEO  platform in short GAS will act like literally as gas like the one you are using in your cars.But how can you get GAS?you can get free GAS by simply holding your NEO in your wallet.If you are using NEO in your transactions you will need a certain amount of GAS to spent,does it make sense?

crazy-joe
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February 13, 2018, 06:23:14 PM
 #35

How can I get NEOs with my GAS on poloniex?
cryptobrotherz
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February 13, 2018, 06:29:58 PM
 #36

Consider GAS as "interest" or money earned for investing in NEO. This is yet another reason why NEO is a great investment. Not only do you make money when NEO goes up in value, you also earn extra money (GAS) as well.
crazy-joe
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September 11, 2018, 07:00:13 PM
 #37

Consider GAS as "interest" or money earned for investing in NEO. This is yet another reason why NEO is a great investment. Not only do you make money when NEO goes up in value, you also earn extra money (GAS) as well.
neo and gas cost nothing now
HichemFetoui
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September 11, 2018, 07:08:57 PM
 #38

Neo is used as a digital asset but gas is the fee token in the neo blockchain you can assumulate than both of them reflect the real value of neo good luck
Cryptodiamond12
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September 13, 2018, 03:39:04 AM
 #39

NEO is blockchain platform and cryptocurrency designed to build a scalable  network of decentralized applications while gas is a token that can be used to pay for transaction fees generated by applications on network.
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October 22, 2018, 03:29:37 AM
 #40

If you understand the network from Ethereum, then you will see things like the following:

NEO is Ethereum
GAS is GAS / Gwei

So NEO is the parent of coin GAS and GAS is a decimal fraction of NEO.

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