Neon wallet update 0.2.2
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NEO also released the most recent version of their future roadmap, unveiling some ambitious initiatives. NEO’s precedence as a stable smart contracts platforms for two years places it among a small group of major Turing-complete networks that retain large development communities with ongoing research and dapp creation. The NEO developer community and NEO Council have also explored some innovative technologies for improving the platform including cross-chain interoperability (NeoX), distributed storage (NeoFS), and quantum resistant cryptography (NeoQS). The NEO community is replete with developer resources for building on the network, and NEO maintains one of the largest dapp ecosystems outside of Ethereum concerning smart contracts platforms. NEO separates itself from other smart contract platforms primarily in its steady emphasis on building the open framework for the ‘Smart Economy,’ which it cites as consisting of digital assets, digital identity, smart contracts, and digital certificates. GAS on NEO is fuel for the resource control of computation across the network and is mined with every block. Similar to Ethereum, NEO requires GAS to mitigate the spamming of the network by making the consumption of resources on the network costly.
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NEO’s consensus empowers the network to achieve higher performance with a slight trade-off in the centralization of the consensus nodes. Ordinary node voting weight is proportional to the total amount of NEO that they hold. Ordinary nodes vote on which nodes can become consensus nodes and the consensus nodes participate in the network’s consensus and on-chain governance. Based on a consensus mechanism called delegated byzantine fault tolerance, NEO deploys two types of nodes in its network: