NEO and Ethereum are aiming for similar roles in the crypto world. They want to be platforms for DApps decentralized applications (DApps), ICOs - Initial Coin Offerings, and smart contracts.
Market capitalization
+1 Ethereum
Divisibility
Ethereum can be divided. The minimum unit of NEO is 1 and tokens cannot be subdivided. NEO is a Share of the network, it's not to be used as currency. GAS is what you would use for transactions., but I still give point to Ethereum for this one.
+1 Ethereum
Consensus mechanism
The best-known consensus mechanisms are Proof of Work (e.g. Ethereum at the moment) and Proof of Stake. Neo proposes an improvement by using Delegated Byzantine Fault Tolerance (dBFT) as its consensus mechanism. NEO uses far less energy than Ethereum.
+1 NEO
Programming languages for smart contracts
NEO offers support for multiple well-known programming languages.
+1 NEO
Transactions per second
NEO is much faster.
+1 NEO
Forking
Ethereum forks to update its software. Forks happen because there is no finality in the consensus mechanism of Ethereum. Multiple chains in the blockchain can be created at once — ultimately, both are valid chains and can be continued to be mined on. NEO has finality. This is because the bookkeepers must reach a 66% consensus for the transaction to be placed into the blockchain. [6]
+1 NEO
Flexibility
In Ethereum Gas is paid for with Ethereum. In NEO, GAS is a second native asset on the blockchain. NEO is the asset used to vote on the chain and GAS is what is used to pay for transactions.
+1 NEO
Rewards
Holding Ethereum does not generate anything at the moment while holding NEO you are rewarded with GAS (Neo generates GAS). GAS is used for all operations on the NEO network.
+1 NEO
Brand awareness
Ethereum has better brand awareness.
+1 Ethereum
TOTAL SCORE
ETHEREUM : NEO
3 : 6
Conclusion
I think the future is bright for both. The biggest challenge at the moment is governmental regulations. After doing some research I believe NEO team puts a lot of effort to stay regulatory compliant.
What do I like about NEO?
In my understanding buying, Neo is like buying a stock of a company. Stocks are not divisible. Gas is Neos currency and is divisible.
What do I like about ETHEREUM?
Ethereum is fully decentralized, compared to Neo. Ethereum is the most used platform for ICO-s. Usage is the main thing and Ethereum has the lead.
Source:
[1] https://coinmarketcap.com/
[2] https://www.ethereum.org/ether
[3] http://docs.neo.org/en-us/index.html
[4] https://howmuch.net/articles/crypto-transaction-speeds-compared
[5] https://solidity.readthedocs.io/en/latest/
[6] https://hackernoon.com/neo-versus-ethereum-why-neo-might-be-2018s-strongest-cryptocurrency-79956138bea3
Disclaimer: This is my personal opinion, I am not giving biased recommendations. The article references an opinion and is for information purposes only. It is not intended to be investment advice. All information in this blog post is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.
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