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NEO rising: the return of NEO could mean the end of Ethereum by blockrush

View this thread on: hive.blogpeakd.comecency.com
· @blockrush · (edited)
$5.02
NEO rising: the return of NEO could mean the end of Ethereum
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<p><img src="https://steemitimages.com/DQmQ2cDjXoNG9fvcHTdW1ZQfiEfZZRS54A2qrBMLS3B1CBo/neo.jpg" width="1024" height="768"/></p>
<h1>What is NEO?</h1>
<p><a href="https://neo.org">NEO</a> is a Chinese-developed Blockchain platform for developing Blockchain applications. NEO is similar to Ethereum and was formally known as AntShares.</p>
<p>Following the Chinese crackdown on ICOs, NEO has restricted its activities and growth, awaiting when the Chinese governments finishes setting up its regulatory framework so it can resume full operations.</p>
<p><br></p>
<h1>Why could NEO dominate the world?</h1>
<h3>Government recognition and support</h3>
<p>As we have already said above, China is only re-organizing itself to able to regulated cryptocurrency so it can resume trading.</p>
<p>Regulations will mean that every cryptocurrency traded in China will have too be government approved. No other cryptocurrency(aside Bitcoins) will impress the Chinese government than their very own NEO.</p>
<p>The Chinese government will find it easier to deal with a native enterprise than one from Russia.</p>
<p>As we have already seen, NEO is not s cryptocurrency but a Blockchain application platform just like Ethereum. This will mean that it could become the hotspot for the creation of licensed and regulated ICOs in China.</p>
<h3>China is perfect for cryptocurrency</h3>
<p>China has everything NEO will need to be successful:</p>
<ul>
  <li>Strong cryptocurrency developers - China's performance in the Bitcoin economy proves it has enough skilled human resource in cryptocurrency.</li>
  <li>Cryptocurrency literate population - the Chinese people do not need introduction to cryptocurrency.</li>
  <li>Mining resources - China alone provides upto 70% of all Bitcoins' mining power.</li>
  <li>Native support - NEO is a native Chinese venture and will not struggle to get acceptance among the Chinese community.</li>
  <li>Economic wealth - China is not just a developed economy. They are the world's factory and produce everything used in the world. China has got lots of money.</li>
</ul>
<h3>NEO could be superior to Ethereum and EOS</h3>
<p>NEO is designed to be a smart economic network by integrating;</p>
<ul>
  <li>user identity systems</li>
  <li>digital asset management</li>
  <li>digital signatures</li>
  <li>smart contracts</li>
  <li>cross chain interoperability protocols</li>
  <li>&nbsp;quantum-resistant cryptography</li>
  <li>distributed storage protocol</li>
  <li>secure communication protocol&nbsp;</li>
</ul>
<p><br></p>
<p>Even now, NEO is already the 10th largest cryptocurreny <a href="https://coinmarketcap.com/">according to Coin Market Cap</a>. The fate of EOS and Ethereum hangs in the balance until NEO returns.</p>
<p><br></p>
<p><em><strong>What do you think?</strong></em></p>
<p><br></p>
<h1>Upvote, resteem and follow @BlockRush for Bitcoin and Blockchain news</h1>
<p><br></p>
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@cryptoleen ·
Very good article! I'm with you - NEO is still undervalued.. What I like most is the cross chain interoperability protocols. So much potential.
Upvoted and followed :)
👍  
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vote details (1)
@blockrush ·
thank you!
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@forexbrokr ·
Looking like NEO could be China's gateway to the crypto industry.  If so, NEO could go parabolic like we've never seen before.

I posted [some of my NEO thoughts](https://steemit.com/cryptocurrency/@forexbrokr/neo-he-is-the-one) on my blog yesterday.
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@positivesteem ·
$0.12
Cryptos are banned in China. So if neo is not classified as a crypto, it will have great potential in China.
👍  
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@t3ddy ·
Agree with you mate and i am already holding Neo from $52 and enjoying the profits, and this post is really good, keep up the good work going.
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@tolkatore ·
EOS will end them both mate, so don't waste your time with any other shitcoins.
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