Is NEO built on Ethereum?

Decentralization is a fundamental principle of Neo's design. The platform promotes a truly distributed ecosystem where power is not concentrated in the hands of a few, fostering transparency and accountability among participants.

Neo cryptocurrency represents an innovative open-source blockchain network that builds upon the robust foundation of the Ethereum platform. It showcases a unique blend of features designed to revolutionize the way smart contracts operate.

At the core of Neo's vision lies the enhancement of smart contract performance. By optimizing its architecture, Neo strives to significantly increase the speed of transaction execution, ensuring swift and efficient contract settlements.

Scalability is another cornerstone of Neo's mission. The platform recognizes the limitations faced by many blockchain networks in terms of handling a high volume of transactions. Thus, NEO has developed mechanisms to scale seamlessly, accommodating growth without compromising performance.

Despite its focus on speed and scalability, Neo remains committed to maintaining the highest levels of security for smart contracts. It employs advanced cryptographic techniques and robust protocols to safeguard against potential vulnerabilities, ensuring users can transact with confidence.