
Prologue To Neo
Neo is an Ethereum-like blockchain zeroed in on the sending of savvy contracts and the digitization of resources. It was made by Chinese engineers, Da Hongfei and Erik Zhang. The blockchain deals with a double symbolic framework and has 2 local cryptographic forms of money: NEO and GAS.
While GAS is the utility badge of the organization and is utilized for all calculations, the NEO token is utilized for administration. By holding NEO, clients can take an interest in the improvement choices of the blockchain. NEO can likewise give token holders rewards, which are paid in GAS.
What is NEO marking?
Marking is a term regularly utilized while portraying a proof-of-stake (PoS) blockchain. It is a cycle that includes saving local cryptographic forms of money into a blockchain so they can be utilized to get the organization and approve exchanges. As a trade-off for securing tokens and supporting the organization, stakers are compensated. Notwithstanding, the NEO blockchain is marginally unique.