Neo N3 (NEON3) Price

NEON3 (also known as Neo N3) is the latest version of the blockchain platform NEO, which is designed to provide a highly scalable solution for building decentralized applications (dApps) and digital assets. It is the third iteration of NEO's blockchain, with the first being Antshares and the second being NEO.

NEON3 is built on a new consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT), which is an improvement over the previous version's consensus mechanism. This new consensus mechanism allows for faster and more secure transactions, as well as better scalability.

NEON3 also features several enhancements to its smart contract framework, including a more user-friendly programming language (NEO Smart Contract 2.0) and improved compatibility with other programming languages, such as C#.

One of the key features of NEON3 is its support for interoperability with other blockchains, including Ethereum and Bitcoin. This means that developers can build dApps that can interact with other blockchains, which is essential for creating more complex and versatile decentralized applications.

NEON3 also includes features, such as a decentralized file storage system, a decentralized identity system, and a decentralized oracle system. These features enable developers to create more advanced and useful dApps that can handle a wide range of use cases.