NEO Price Has Correlation with Ethereum Price, eToro Analysis Shows

[kreslik.news]

eToro has written a market analysis of blockchain company NEO.

The analysis says that “NEO is experiencing a surge in the number of dApps developed for the platform that could bring the possibilities of the network closer to or even surpass Ethereum.”

Background

NEO is a company from China which offers a platform for users to create smart contracts and decentralised applications, in the same way as Ethereum. It differs from Ethereum in a number of ways – for example, its blockchain is validated with a different system (‘delegated Byzantine fault tolerance’) and it supports many programming languages, while ... (read more)