NEO is also called “Chinese Ethereum” or “Ethereum’s killer“ NEO is the first decentralized, open-source cryptocurrency and block chain platform launched in China. NEO has one more crypto-token called GAS (formerly known as ANC-Antcoins). It supports most advanced programming languages like C#, Java and Python. The NEO token is the investment token of the NEO blockchain. It’s hard cap is 100 million tokens which is used in block creation, network management, network changes. One unique thing is that NEO is unlike other cryptocurrencies, it is non- divisible.
In addition, compared to Ethereum’s 15 transactions per second, NEO supports up to 10,000 transactions per second, which is very energy-efficient compared with Ethereum.
It provides users with top level of protection against most common frauds like chargebacks or unwanted charges. Because of the Security Users can encrypt their wallet and have complete control over their money. So there is no chance of any type of Fraud.
In contrast, NEO uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which ensures finality of transactions and which supports more transactions at any given time.
Multiple Programing Languages:
NEO supports faster development and deployment of smart contracts and projects, as it enables developers to build on programming languages already familiar with them.