BlockchainBrad speaks with Neo’s Head of Global Development, John DeVadoss, about their Open Network for the Smart Economy. Neo is an open-source, community driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future. With thriving partners and projects, the Neo ecosystem is rapidly growing and developing, thus enabling Neo to become the foundation for next-gen Internet. Neo is investing USD $100 million through its EcoBoost program to accelerate the realization of large-scale commercial blockchain solutions by empowering developers and projects in the ecosystem. As one of the most developer friendly platforms, Neo is supporting a global dApp ecosystem with its comprehensive suite of tools and resources to empower anyone from anywhere in the world to join Neo’s vision of a smart economy.
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NEO’s Core Tech:
dBFT2.0: A consensus algorithm with high stability, high TPS and single block finality
NeoVM: A lightweight, cross-platform and scalable virtual machine
A cross platform, multi-language supported smart contract system
NeoID: A customizable decentralized self-sovereign identity protocol
NeoFS: A distributed object storage solution for on-chain data applications
Voting Mechanism: A voting mechanism that enables participation of on-chain governance
Dual Token: An innovative dual token economic model that optimizes on-chain governance and utility
Oracle: A built-in oracle component enabling smart contracts to access external resources
Excerpt from Forkast.News: Words from Da Hongfei.
Under the hood, the architecture [of Neo 3.0] is different. That means it will be more stable. You will have better performance. So that’s the underlying technology. And then we have new functionalities. We will have a built-in Oracle function. That means a smart contract can directly access Internet content within the smart contract itself. They can visit a website. It’s not doable within current blockchain devices.
This interview was entirely, 100% FREE for the People! In every way, there were no tokens, no under the table deals. I believe that sponsored content is not a problem if disclosed openly to the community. This is not Financial Advice. Please #DYOR
will add soon. (sorry, it’s just me editing because these are all free & it takes time, but will add soon as I can)
I have invested in NEO in the past. I have never been paid by NEO ever to promote them. This is not Financial Advice, but I really believe in the AION/OAN teams. #DYOR always.
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