NEO is a crypto project founded in 2014, by DaHong Fei and Erik Zhang, in China. It started as Antshared before being renamed to NEO in 2017. It aims to create a smart economy by using blockchain and smart contracts to control digital assets.
NEO uses a proof-of-stake algorithm for transaction validation, and it supports up to 10,000 transactions per second. There is a finite number of NEO tokens in existence, 100 million to be exact.
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