NEO
About NEO
NEO distinguishes itself within the blockchain space through its dBFT 2.0 consensus mechanism, support for digital assets, digital identities, and smart contracts, along with a focus on creating a smart economy. The platform's ability to process transactions quickly and securely, combined with features introduced in NEO 3.0, positions NEO as a comprehensive ecosystem for developing and deploying decentralized applications. It's developed with the aim to include a broad community of developers by supporting multiple programming languages.
NEO is a blockchain platform that facilitates the development of digital assets and smart contracts, aiming to build a scalable network of decentralized applications (dApps). The platform employs the Delegated Byzantine Fault Tolerance (dBFT) 2.0 consensus mechanism, an evolution of dBFT designed to enhance network security, scalability, and transaction speed. This mechanism allows for single block finality, meaning once transactions are confirmed, they are irreversible, thus significantly reducing the likelihood of forks and enhancing the integrity of the blockchain.