Neo (NEO) Market Data
The current price of Neo (NEO) is $5.66** with a 24-hour trading volume of **$17,031,122. Over the past 24 hours, NEO's price decreased by 0.64%.
- Circulating Supply: 70.54 million NEO
- Max Supply: 100 million
- Market Cap: $399,320,322
- Circulation Rate: 70.54%
Neo Blockchain Explorers
For on-chain data analysis, consider these Neo blockchain explorers:
👉 NeoScan Explorer
👉 O3 Network Explorer
What Is Neo (NEO)?
Neo is a community-driven, open-source blockchain platform that integrates digital identity and smart contracts to digitize and automate asset management. It aims to build the foundation for a smart economy by combining decentralized networks with real-world applications.
Key features:
- Digital Assets: Converts physical assets into programmable digital assets.
- Digital Identity: Uses certified authorities for secure identity verification.
- High-Speed Transactions: Supports ~1,000 TPS (scalable to 10,000 TPS).
Neo’s Consensus Mechanism: dBFT
Delegated Byzantine Fault Tolerance (dBFT) ensures fast, secure, and irreversible transactions:
- Voting-Based: NEO holders elect consensus nodes.
- Finality: 1 confirmation = irreversible (no forks).
- Performance: 15–20-second block time; enterprise-ready.
Neo’s Technical Innovations
1. NeoContract Smart Contract System
A developer-friendly framework with:
- NeoVM: Lightweight blockchain VM (similar to JVM/.NET).
- InteropService: Access to assets, identity, and storage.
- DevPack: Compilers for Java/Kotlin/C# (low learning curve).
👉 Learn more about NeoContracts
2. NeoX: Cross-Chain Protocol
Enables interoperability via:
- Asset Swaps: Atomic exchanges across blockchains.
- Distributed Transactions: Multi-chain smart contract execution.
3. NeoFS: Decentralized Storage
- Uses DHT technology for scalable, redundant file storage.
- Integrates with NeoContract for secure data management.
4. NeoQS: Quantum-Resistant Cryptography
- Lattice-based algorithms to counter quantum computing threats.
Frequently Asked Questions (FAQs)
Q: How does NEO differ from Ethereum?
A: NEO focuses on regulatory compliance (digital identity) and supports multi-language smart contracts (C#, Java), while Ethereum uses Proof-of-Stake and Solidity.
Q: What is NEO’s inflation rate?
A: Fixed max supply of 100 million NEO; no mining rewards.
Q: Can NEO handle enterprise-scale apps?
A: Yes, dBFT and Neo 3.0 upgrades optimize for high-throughput use cases.
Neo’s Ecosystem & Social Media
- Twitter: @neo_blockchain
- Reddit: r/NEO
Note: All external links (except OKX) are removed per guidelines.
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