Cryptocurrency Q&A
What is NEO coins?
What is NEO coins?
Caterina
Thu Nov 21 2024
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5 answers
1181
I recently heard about NEO coins and I'm wondering what they are. I've seen them mentioned in the context of cryptocurrency, but I'm not sure how they differ from other digital currencies like Bitcoin or Ethereum. Can someone explain what NEO coins are and how they work?
5 answers
Tommaso
Sat Nov 23 2024
NEO possesses two fundamental tokens.
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KpopMelody
Sat Nov 23 2024
The primary token, NEO, serves a pivotal role in establishing ownership and management authorities within the blockchain ecosystem. It acts as a cornerstone for determining who has control and oversight within the network.
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GangnamGlitzGlamourGlory
Sat Nov 23 2024
On the other hand, NEO Gas fulfills a distinct purpose. It is utilized as the medium of exchange for transactions conducted on the NEO blockchain. This token ensures that all operations within the network are smoothly facilitated.
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Bianca
Fri Nov 22 2024
NEO introduces an innovative concept known as a smart economy. This vision envisions a future where smart contracts play a central role in managing and securing digital identities and assets.
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KimonoElegantGlitter
Fri Nov 22 2024
In this smart economy, smart contracts serve as automated agreements that execute terms when conditions are met. They provide a secure and efficient way to handle digital assets and identities, fostering trust and transparency within the blockchain network.
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