Post
Topic
Board Altcoin Discussion
Re: ERC20 vs NEP5
by
Klovezio
on 14/02/2018, 08:35:02 UTC
Could you please anyone explain the difference between ERC20 based coins and NEP5 based coins. And what is better considering future growth of crypto-currencies?
Point1:  the first Chinese blockchain project.
Point2: NEO nodes use Byzantine Fault Tolerance Algorithm (dBFT) to reach consensus and ensure the finality of transactions. It also ensures that the system keeps its finality and availability as long as Byzantine fault occurs on less than 1/3 of the nodes. With the use of dBFT protocol, NEO practical transaction speed is 1,000 TPS and theoretically can reach 10,000 TPS in future.
Point3: NEO nodes use Byzantine Fault Tolerance Algorithm (dBFT) to reach consensus and ensure the finality of transactions.
Point4: NEO practical transaction speed is 1,000 TPS and theoretically can reach 10,000 TPS in future. Etherium in 2016 had a speed of 20  transactions per second. Visa – 1,667 transactions per second. Feel the difference. =)
Point5: As of the middle of October 2017, the NEO crypto currency costs $29.07. Now 1NEO=113.9$.
The conclusion is obvious, NEO is much more interesting than Etherium.