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Neo

NEO is a cryptocurrency designed for hosting smart contracts and decentralized applications. NEO uses a delegated Byzantine Fault Tolerant consensus mechanism. NEO was launched in 2014 as AntShares in China.

Decentralized computer

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Reviews for Neo

πŸ”‘ 0 positive | πŸ’© 9 negative

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Wasn't NEO just shot in the knee by the Chinese government? Why would you want to own an ETH clone facing regulatory destruction?

Ari Paul, Co-founder and CIO of BlockTower Capital

2017-09-04 | Full Review

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A *Byzantine* *fault* *tolerant* consensus system's whole purpose is to be designed to handle ANY error or malicious behavior from a subset of the nodes and still reach consensus. In NEO, their system couldn't handle the most simple error of one node.

2018-03-04 | Full Review

πŸ’©

Was just tipped off to the fact it costs 500 GAS (currently US$13k+) to deploy a single smart contract on the NEO network. Just a *tad* pricey. πŸ€”

Jackson Palmer, Group Product Manager at Adobe and Creator of Dogecoin

2018-03-07 | Full Review

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Hilarious. #6 cryptocurrency NEO is just a 7-node system uber the control of a single party, and the code isn't designed to handle even a single, benign failure.... Chances of NEO NOT being broken right now: 0%.

2018-03-04 | Full Review

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And yet NEO still maintains an ~$8B valuation despite proof that it's not even fault tolerant to a single consensus node failing, much less tolerant to Byzantine actors... not sure if the market is irrational or just ignorant.

2018-03-04 | Full Review

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Whenever an ICO is run on NEO, you will see complaint after complaint of the network being down or wallets not working. This is not characteristic of a blockchain capable of 1000 transactions per second.

2018-02-25 | Full Review

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I don't know that much about NEO, but I'm generally skeptical. I also generally don't care for this author but figured I'd share. NEO holders, beware.

2017-12-19 | Full Review

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NEO's "Ethereum but China" pitch reminds me of Litecoin's "Bitcoin but Scrypt" pitch in 2013. A long, dark winter followed.

2017-08-13 | Full Review

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NEO is crashing so hard it's about to be rebranded as AntShares.

Ari Nazir, Managing Partner at Neural Capital

2018-08-11 | Full Review

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