NEO is aggressively expending resources to compete with Ethereum.
History behind NEO. NEO is a smart contract platform founded in China that aims to provide the "Optimal infrastructure necessary for mass adoption," said founder Da Hongfei on stage at the 2019 NEO Community Summit.
The rebrand, in combination with the frenzy of the 2017 bull market, resulted in NEO getting hailed as the "Chinese Ethereum killer," similar to EOS and other up and coming smart contract platforms.
Now, NEO is leveraging these resources to build a more robust blockchain platform.
NEO is now aiming to build-out differentiated core capabilities on its blockchain in addition to improving ease-of-development.
Instead, NEO is actively creating developer tools to improve the smart contract developer's experience-fully funded through the non-profit NEO Foundation.
With these capabilities the NEO technology stack would be substantially differentiated from other smart contract platforms, including Ethereum.
"We set our mission to make NEO the number one blockchain by 2020. We only have a year, or two years, depending on how you define 2020 Time is ticking."
NEO has a lot of ground to cover if it wants to usurp the incumbent smart contract blockchain.
Ethereum also dominates NEO in terms of developer activity.
NEO's push to supplant Ethereum as the most developer friendly blockchain
gepubliceerd op Sep 8, 2019
by Cryptoslate | gepubliceerd op Coinage
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