NEO Price Converter
NEO Information
Neo is an open-source blockchain platform powering a Smart Economy through its innovative integration of digital assets, smart contracts, and digital identity. Originally launched in 2014 as Antshares by founders Da Hongfei and Erik Zhang, Neo has evolved into a robust ecosystem supporting decentralized applications (dApps) and enterprise solutions.
Key Features of Neo Blockchain
Smart Contracts (NeoContract)
- Supports multiple programming languages (C#, Java, Python, etc.)
- Executed in the lightweight Neo Virtual Machine (NeoVM)
- Enables rapid dApp development with familiar coding environments
NeoFS Decentralized Storage
- Permission-controlled file storage network
- Data organized via container-based object storage
- Ideal for secure enterprise data management
Neo Name Service (NeoNS)
- Human-readable domain system (e.g.,
walletname.neo) - Hierarchical domain structure support
- Managed through Neo Committee governance
- Human-readable domain system (e.g.,
Oracle Service
- Secure off-chain data access for smart contracts
- Commit-reveal scheme prevents manipulation
- Supports HTTPS and NeoFS data requests
Dual-Token Economy
- NEO: Governance token (fixed 100M supply)
- GAS: Utility token for transaction fees
👉 Explore Neo's complete developer toolkit for building next-gen dApps.
Neo N3 Migration Process
The upgraded Neo N3 network introduces enhanced performance and features. Here's how to migrate assets:
| Step | Action | Details |
|---|---|---|
| 1 | Send Legacy Assets | Transfer to migration address with N3 destination in Remark14 field |
| 2 | Fee Structure | Free for ≥10 NEO or ≥20 GAS; 1 GAS fee for smaller amounts |
| 3 | Processing Time | Completed within one business day |
Neo Use Cases
Decentralized Finance (DeFi)
- Tokenization of real-world assets
- Cross-chain lending protocols
Enterprise Solutions
- Secure data storage via NeoFS
- Identity verification systems
Web3 Infrastructure
- NFT marketplaces
- Domain naming services
👉 Discover Neo-powered platforms transforming digital economies.
Frequently Asked Questions
What makes Neo different from Ethereum?
Neo's dBFT consensus enables faster finality (15-20 second block times) compared to Ethereum's PoS, while supporting multiple programming languages for easier developer adoption.
How do I earn GAS tokens?
GAS is automatically generated through block creation and distributed to NEO holders proportionally to their stake.
Is Neo N3 backward compatible?
No, Neo N3 requires asset migration from Neo Legacy. All new development occurs on N3 with improved throughput and features.
What's Neo's transaction capacity?
Neo N3 processes ~1,000 TPS with potential for further scaling through layer-2 solutions.
How secure is Neo's network?
The dBFT consensus requires 2/3 validator nodes to agree, preventing chain splits while maintaining Byzantine fault tolerance.
Supported Platforms
Neo is available across major exchanges and wallet providers, offering seamless access to NEO and GAS tokens for trading, staking, and ecosystem participation.