It is also vastly more power efficient than PoW. This is as mentioned previously, far faster than PoW and in most cases thus far, PoS. NEO uses dBFT for transaction processing and securing the blockchain.NEO was built with the idea of having a digital identity rather than digital anonymity. This is great but it tends to run into issues when government regulation comes into play. Ethereum was built with a solid foundation of anonymity.NET, Go, Python and various other popular languages that people already know and love. Ethereum invented and only supports a proprietary programming language called Solidity.Ethereum is capable of 15 transactions per second right now, NEO can do at least 1,000 per second right now and aims to optimise to attain 10,000 per second.There are a couple of factors that really differentiate NEO from Ethereum in fundamental ways. GAS is divisible and at time of writing is also worth roughly $25. When you hold NEO, you automatically are entitled to collect GAS. If you want to buy NEO, you need to buy multiples of 1 NEO, which at the time of writing are priced at roughly $25 per NEO.

This means that there are no decimal places in NEO.

The first major way is that the NEO token is not divisible. It is very similar to Ethereum but it is fundamentally different in a few ways. It has also been called the 'Ethereum of China.' It has been around much longer than it seems as it was previously known as AntShares and fairly recently went under a rebranding to NEO, for the better in my opinion. NEO, being developed by a team in China is touted as the first Chinese based open-source cryptocurrency. Sorry for the lame joke but come on, who wouldn't reference The Matrix when they had the perfect opportunity? The fact is, what is known as the upcoming 'Ethereum competitor' NEO is about to take off.

Red pill eth