The NEO is back in December. Is this a good time to buy NEO?
Some strengths of NEO compared to ETH, BTC:
1. The reason why Ethereum and NEO are often compared is because NEO works in a similar way to Ethereum, which means that everything you can do on the ETH platform can be done on NEO.
However, it is worth that NEO is a newer electronic currency, so it has seen weakness in the Ethereum platform, and has tried to improve them.
2.NEO has developed its own consensus algorithm, faster than Bitcoin and Ethereum. Consent nodes use the dBFT algorithm to ensure the accuracy of transactions.
3.One feature that makes NEO really stand out from other competitors is the speed of the deal. currently NEO processing over 1,000 transactions per second.
However, The NEO team are confident that they will improving the peer network (p2p), the speed can be pushed up to 10,000 transactions per second. It is expected to reach 100,000 transactions per second by 2020.
Do you bellieve NEO will replace BTC,ETH in 2020?
Replace Eth maybe but Bitcoin no and never. Neo can't take bitcoin because that is mother/ leader of coin. Even today bitcoin have sideways but most people still believe and replace their asset into it. But if you split your money to buy Neo it's good step. Neo is just alternative ( just like Eth ), people use it to create bigger opportunity make money and help them to send or received payment. Never lost faith with bitcoin but buy Neo is also needed.