The biggest differences between NEO and Ethereum - Deepstash

The biggest differences between NEO and Ethereum

  • Protocol: Ethereum uses a Proof of Work (POW) protocol and will change into Proof of Stake. NEO uses a Delegated Byzantine Fault Tolerance (dBFT) protocol - a modification of the standard Proof of Stake.
  • Transaction speed: Ethereum can transact a maximum of 30tps, while Neo can transact a maximum of 10,000tps.
  • Forking and scaling: Ethereum can fork. NEO can't.
  • Decoupling of GAS and NEO: Ethereum has one token: ether. NEO has two: NEO and GAS.
  • Smart contract language: Ethereum has one coding language: Solidity. NEO has many.
  • Smart contract execution: NEO is more efficient and smarter.

2

1 read

The idea is part of this collection:

No More Broke

Learn more about crypto with this collection

Identifying and eliminating unnecessary expenses

How to negotiate better deals

Understanding the importance of saving

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates