Chinese Ethereum: NEO Emerging in the Cryptoverse


Source: theubj.com theubj.com
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Founded by Erik Zhan and Da Hongfei, NEO was introduced as AntShares in 2014 and was rebranded in 2017. Supporting its crypto, it is a blockchain-based platform enabling the development of digital assets. Some people say it's called the Chinese Ethereum because it somehow reminds them of the U.S.-based blockchain. The use of smart contracts and the management of digital assets are helpful for the intelligent economy. The etymology of the Term "NEO." NEO originated from the term "young and new", translated into Greek. About Ethereum, Neo is the young and new version of it. Moreover, it was China's project…