The competition has began
Neo was formally known as Antshares and it Chain's first open source public blockchain project. It is a blockchain designed for businesses to leverage and create amazing technologies for the internet of things. The platform focuses on creating digital asset combined with smart contract, the digital asset are decentralized and are protected by law using digital certificates.
NEO purpose
It is to map digital asset using smart contracts.
NEO
To enable small businesses manage these contract easily, effectively and legally.
It will be used for decentralized commerce.
It will be used for digital identities.
NEO features
It has unlimited scalability because it uses light weight stack VM.
Uses digital certificate to guarantees trust.
Byzantine fault tolerance algorithm are used as voting nodes instead of the mining proof of work or stake making it more efficient.
It is Quantum secure using a process called lattice based cryptogrphy so powerful computer can not threaten the block chain.
It support multiple digital asset, turning complete smart contracts, wide rang of programming languages and the languages that are currently supported are:
- C #, VB.Net, F #
- Java, Kotlin
The advanced language that the program plans to join further includes: - C, C ++, GO
- Python, JavaScript
With the variety of high-level language support more than 90% of developers do not need to learn a new language to get involved in the development of small ant smart contract unlike ethereum, also existing business system code can be directly ported to the block chain. This will increase the popularity of the block chain. The small ants is providing support for the program debugging function at the AVM level, this will make it easier to develop an ant intelligent contract 2.0.
This will make smart contract ease to write.