NEO vs Etherium

in #cryptocurrency7 years ago (edited)

cryptocurrency-blue.jpg
This debate has been pushed around and around the block. As it sits today
NEO:$69.04 USD (-6.87%)
Market Cap: $4,487,509,000 USD
Max Total Supply: 100,000,000 NEO
Screen Shot 2018-03-22 at 11.07.18 AM.png

ETH:$532.15 USD (-5.72%)
Market Cap: $52,336,156,054 USD
Circulating (not Max) Supply: (key difference for me) 98,348,503 ETH
Screen Shot 2018-03-22 at 11.08.53 AM.png

What are the aims and differences:
NEO is a blockchain project “that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.”

Ethereum’s goal is to create a platform for the development of DApps in order to create a “more globally accessible, more free, and more trustworthy Internet:” an internet 3.0.

Ethereum: goal is to be the platform for all DApps. They certainly have a corner the DApp market right now. "Their roadmap is all about giving users and developers more control and more options in developing their applications".

NEO: is working towards developing future projects and applications. While it in essence utilizes many of the same technologies as Ethereum, is to be (and will be in my opinion) the platform for a new smart economy.

To put it plainly: Ethereum is developing in response to current and new demands. NEO is developing their platform in anticipation of future demands.
Look to the future I say

For longs out there HODL has become kind of a sour point right now...the market flux and FUD makes it not the place to go at the present.
However for me NEO is a standout:
LOW SUPPLY
BARGAIN PRICE
FORWARD THINKING
I will surely be opening a substantial position as the market stabilizes

This NEO may be : "the one"
neo.jpeg
Thoughts here?
Crypto let's go to work!

Sort:  

I agree with you that NEO is in a bettet position to provide larger gains in the mid and long term versus Etheruem. Another advantage to NEO is the "dividends"gained and paid in GAS to hodlers.

Beyond making profits, NEO currently supports 5 different programming languages for developers to code dapps (including java) while etheruem only supports 1 (solidity which is only used by ethereum devs) this makes integration with normal business more difficult and less flexible. Additionally NEO can process about 1000 Tx/ second without spending $$$ on electricity to. mine while ethereum is closer to 15 tx/s at the moment.