NEO currency is making quite a buzz owing to the digital currency going from top 15 cryptocurrencies to a top 10 cryptocurrencies. Formerly known as AntShares, the virtual currency is commonly called the “Ethereum of China”. According to the company “China’s public blockchain” is the perfect description of the project.
The current value of the token surged from sub-$10 to more than $20 and held the market cap of more than $900 million.
NEO runs on a similar platform as Ethereum but has a different mission and have some clear advantages. The advantage of NEO is compiler can use various languages like C# and Java, and the main advantage is the NEO contract which supports multiple programming languages like Python, which makes it barrier free for new developers.
NEO currently stands where Ethereum was at the beginning of 2017, in terms of value and launch phase wise. The execution of NEO is of C# code which allows NEO to do more things with its platform and attract more developers.