Comparing Ethereum and NEO blockchain by the numbers

gepubliceerd op by Cryptoslate | gepubliceerd op

With several large projects racing to overtake Ethereum as the leading smart contract blockchain NEO frequently pops up as a front runner.

The NEO protocol is vastly different from Ethereum and comparing the two can be difficult considering they both use different consensus protocols and have different objectives.

In theory, no forks are possible on the NEO blockchain.

The NEO token has a 100 million supply limit, which is regulated by limited inflation of 50 million developer tokens released over time.

The NEO project currently has 203 commits made by just 32 contributors.

NEO is considered highly centralized because it only utilizes a handful of nodes and NEO-related entities control over 50 percent of the tokens for the platform.

Ethereum boasts thousands of nodes and a highly active open-source developer community facilitated by a respected non-profit organization, the Ethereum Foundation.

Ethereum also dominates NEO when it comes to the number of daily transactions it handles.

While NEO lost over 85 percent of its USD value from Apr.

This data comparison shows that, while launched with an ambitious goal, NEO has a long way to go before it establishes the lead Ethereum has gained so far.

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