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NEO

Distribution

  • NEO 100 million represents the right to manage the network. Management rights include voting for bookkeeping, NEO network parameter changes, and so on. The minimum unit of NEO is 1 and tokens cannot be subdivided.

  • GAS 100 million The NEO network charges for the operation and storage of tokens and smart contracts, thereby creating economic incentives for bookkeepers and preventing the abuse of resources. The minimum unit of GAS is 0.00000001.

Governance mechanism

  • Chain governance
  • Off-chain governance

Consensus mechanism: dBFT

Smart contract system: NeoContract

NeoVM - Universal Block Chain Virtual Machine

InteropService - Interoperable Services

DevPack - Compiler and IDE plugin

Cross-chain interoperability agreement: NeoX

Cross-chain assets exchange agreement

Cross-chain distributed transaction protocol