CryptoIntermediate

NEO

a.k.a. AntShares

A smart-contract blockchain from China, once nicknamed the "Chinese Ethereum".
In plain English

A smart-contract blockchain from China, once nicknamed the "Chinese Ethereum".

NEO started life in 2014 as AntShares and rebranded in 2017. Like Ethereum, it lets developers build programs (smart contracts) and tokens on its blockchain, which earned it the nickname "the Chinese Ethereum". It uses a two-token design: NEO for governance and GAS to pay network fees.

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