Ethereum Technical Analysis: Battling For Control
analysis

Ethereum Technical Analysis: Battling For Control

THELOGICALINDIAN - n-a

Today’s Video Briefing covers addition one of 2024’s better hits: NEO, aforetime accepted as Antshares. While frequently admired as Asia’s “Ethereum Killer,” the amount drops over the accomplished year attending a lot added like a suicide. But, abundant like the hero of the Matrix, this cryptocurrency is adamantine to kill. There’s affluence of activity larboard in this high-speed, enterprise-oriented ledger, as the association wraps up the latest NEODevCon in Seattle.

So what’s the agent of NEO’s superpowers? Kiana explains some of the qualities of the Delegated-Byzantine Fault Tolerant Consensus model, which allows NEO to action affairs bound with no mining and basal fees. Those advantages gave NEO an aboriginal alpha to the scalability race, one acceptable to advance acknowledgment to Trinity, NEO’s second-layer ascent solution.

These appearance accept admiring a big association of companies and developers, alive on convenient solutions like decentralized accumulator and decentralized identities.

But that ability not be abundant to stop NEO from accepting aching in the buck market, as the NEO/USD pair  struggles to body up bullish momentum. A able advance could see NEO advance aback into the bifold digits, or bore aback to $5 lows.

Does NEO accept a adventitious at a new recovery, or is it headed the way of the dinosaurs? Let us apperceive in the comments, and don’t balloon to SUBSCRIBE!