What is NEO coin worth?

NEO Price Statistics Neo Price$20.20Trading Volume24h$108,350,730.74 40.65%Volume / Market Cap0.07606Market Dominance0.08%Market Rank#64Neo price today, NEO to USD live, marketcap and chart | CoinMarketCap coinmarketcap.com › currencies › neo

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What is a NEO coin?

The NEO token is the main cryptocurrency powering the Neo blockchain and can be used for holding, sending, spending, and staking . NEO’s main use case is that it allows those who stake it the right to vote on upgrades to the network’s parameters. Staking NEO grants users a portion of the block rewards, paid in GAS.

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Is NEO better than ethereum?

As you can see, NEO is already far ahead of Ethereum in terms of the consensus mechanism . In the NEO vs Ethereum battle, dBFT makes it possible for NEO to be more scalable than Ethereum. Ethereum is still using a very expensive and inefficient consensus mechanism (PoW).

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