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Author Topic: ERC20 vs NEP5  (Read 566 times)
ShadyMash (OP)
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February 07, 2018, 09:19:06 PM
 #1

What is the best platform to build a ICO? Neo or Ethereum?

thesumitbanik
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February 09, 2018, 08:45:23 PM
 #2

NEO (NP5) > ERC20 !
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February 09, 2018, 09:59:24 PM
 #3

I think NEP5 eill slowly take over ECR20. Neo is much faster with low fee and less scalability.


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February 09, 2018, 10:07:17 PM
 #4

What is the best platform to build a ICO? Neo or Ethereum?

All depends what are you aiming for these two are not the only platforms you have lisk,waves etc. As it goes neo have smart economy view and are focused on the future. Tho NEO is working close to the government so question is around anonymity there. But it can be interesting because China will look into regulating some part of it.
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February 09, 2018, 10:08:24 PM
 #5

NEO is an upgraded version of ETHERUM which makes NEO ahead on almost everything,that is why it is being called the chinese ethereum.ERC20 might eventually replace by these new and improved NEP5 neo based coins.But either of the two has good platform to use,it only depends on your point of view.But for me NEO has more advance technology than ethereum so i prefer the NEP5 tokens.
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February 09, 2018, 10:10:46 PM
 #6

I think that both will exist together for a long time. Stellar platform is pretty god for ICOs too. For now Im a big fan of NEO platform - NEX, Effect and Bridge protocol ICOs look very promising. NEO is the sleeping giant of 2018.

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February 09, 2018, 11:06:21 PM
 #7

In the longer term i believe nep5 will overtake erc20 as the technology and fees for NEO make it better for launching ICO and other coins. The only problem at the moment is the lack of choice for good wallets for NEO. Right now there is the official one, or NEON wallet which is good but we could do with a few more that offer nep5 support anyway.

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February 09, 2018, 11:13:31 PM
 #8

I really believe NEP5 will surpass ERC20 in the long run if Ethereum won't upgrade their scalibity and transactions their are platforms that will surpass ETH in the long run. I'm a Big fan of NEO hope it will last forever.

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February 09, 2018, 11:31:03 PM
 #9

NEO platform is fairly new but in the long run it might take over Ethereum's smart contract platform. Sure we will see a big competition there. Right now we don't know how successful NEP5 tokens will be, but we already know ERC-20 tokens are very successful. This competition is healthy and good for everybody. It makes better products for both side.



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February 09, 2018, 11:50:59 PM
 #10

I really believe NEP5 will surpass ERC20 in the long run if Ethereum won't upgrade their scalibity and transactions their are platforms that will surpass ETH in the long run. I'm a Big fan of NEO hope it will last forever.

That's why you don't even read the latest economic whitepaper and a new roadmap of ethereum platform. Ethereum will move to hybrid system, raiden,plasma and especially sharding blockchain to compete with visa scalabilty with million transaction in minute.  Roll Eyes

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February 09, 2018, 11:52:18 PM
 #11

What is the best platform to build a ICO? Neo or Ethereum?

for today i still believe ERC20 Still dominating on the cryptocurrency.
but overtime if they don't made any change that's be surely can be replaced by NEO.
and basically I still have faith to Ethereum. if they made this transaction more cheaper and fast,
I guest they are will be the best crypto technology on this blockchain era.

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February 10, 2018, 12:02:43 AM
 #12

The success and ease of ERC20 is for the moment ahead but the future holds surprises for us Cool
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February 10, 2018, 12:26:28 AM
 #13

ERC20 still is pretty dominant. Another good option is the Gibraltar Blockchain Exchange. They're a token sales platform and exchange. https://t.me/GBXCommunity
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February 10, 2018, 12:32:33 AM
 #14

Doesn't it cost something like 490 GAS to run an ICO on NEO? That seems like a pretty huge barrier to entry. Something to keep in mind.

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February 10, 2018, 12:52:54 AM
 #15

Doesn't it cost something like 490 GAS to run an ICO on NEO? That seems like a pretty huge barrier to entry. Something to keep in mind.

The high gas requirements is their barrier for scammers to run ICO from NEO. only a serious company will run ICO on NEO and this is good for the investor and even the NEO blockchain itself.

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February 10, 2018, 01:01:14 AM
 #16

ERC20 is for Etherum based project and NEP5 is Neo based project. Currently ERC20 have more project on it's chain compare to NEO. Having more project means they are doing something right that made projects to chose them over NEP5. ALmost all the ICO I have come across 9 out of 10 is ERC20 based. Maybe that would change in the future but now ERC20 is still the leader.
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February 10, 2018, 01:09:44 AM
Last edit: February 11, 2018, 01:45:21 PM by Astermony
 #17

What is the best platform to build a ICO? Neo or Ethereum?

for today i still believe ERC20 Still dominating on the cryptocurrency.
but overtime if they don't made any change that's be surely can be replaced by NEO.
and basically I still have faith to Ethereum. if they made this transaction more cheaper and fast,
I guest they are will be the best crypto technology on this blockchain era.

Yes I will agree with you for what you are saying.NEO is good but Ethereum was the best cryptocurrency that next to bitcoin.But for me it is depend on us if what is our favorable for that two cryptocurrency.The important is NEO and Ethereum are exist in coinmarketcap and has a way to grow just like bitcoin.
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February 10, 2018, 01:20:07 AM
 #18

does BTC have an ERC20 analog in the works?  it seriously needs that.
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February 10, 2018, 01:31:19 AM
 #19

NEO (NP5) > ERC20 !

Are you from China? As we all know that NEO is a Chinese coin.
Do remember that Ethereum & Vitalik is always the KING!!
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February 10, 2018, 01:36:00 AM
 #20

I still belive in good old ERC20 it keeps dominance and I'm sure that the great team that stay behind it will solve the recent problems that were uncovered with cryptokitties. NEO is still good and the competition is always usefull but even now it is still a bit overpriced because of low amount of projects based on it.
Doesn't it cost something like 490 GAS to run an ICO on NEO? That seems like a pretty huge barrier to entry. Something to keep in mind.

The high gas requirements is their barrier for scammers to run ICO from NEO. only a serious company will run ICO on NEO and this is good for the investor and even the NEO blockchain itself.
Most of the legit ICOs have too small initial capital that don't have money for ads and they beg websites to place their ads / post their articles with token payment or let them delay payment till the pre ico. High gas price will also hurt legit ones.

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