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?