NEO originates from the ancient Greek prefix, ‘νεο-’, meaning ‘new’, ‘modern’, and ‘young’. We quite like the idea of an old word with the meaning of youth. It brings about the feeling of a gateway that leads us from the physical world to the digital.
When you google the name, you generally hear NEO referred to as “China’s Ethereum“. But in truth it is much more than that.
NEO, formally Antshares, was founded as both a community-driven and funded project with the goal of using blockchain technology to digitize assets using smart contracts and common programming language.
The similarities between NEO and Ethereum are quite apparent: both are smart contract development platforms which are attempting to bring blockchain to the masses.
But NEO has learned…