Binance lists NEO

China-based blockchain asset exchange Binance announced adding NEO trading pairs
20 November 2017   2519

On November 20, Binance, a cryptocurrency exchange based in Tokyo, made an announcement that it is going to list NEO, a cryptocurrecy based on smart asset platform and the first open source public blockchain project in China. 

As it is stated in the announcement, NEO/USDT and NEO/BNB trading pairs are now available on Binance.

NEO currency saw an unexpected price jump during past 7 days which might be connected to the announcement made by Malcolm Lerider, NEO council and senior R & D Manager, in twitter.

Currently, the cryptocurrency NEO with NEO/BTC trading pair takes 1st placeby 24h Volume in the list of currencies listed on Binance.

Previously, the chinese exchange Binance announced adding Monaco tokens to the platform in August 2017, and it announced support for Zcash in November 2017.

At the time of press the price of NEO is $40 and the market capitalisation is $2,6 billion.

NEO to Report on Successful MainNet Update

Team believes main feature of the new update is reducing the transaction confirmation time to 15s; it will prevent risk of double-spend & ad more benefits
06 June 2019   209

The main network cryptocurrency NEO has been successfully updated. According to the developers, the upgrade of the blockchain has made it more stable and productive.

According to team, reducing the transaction confirmation time to 15 seconds will prevent the risk of double spending and will be convenient for users of financial applications.

With this upgrade Neo consensus nodes are now also running the code that improves the memory pool performance, which further reduces the operational burden on the network and ensures block times can stay minimized during higher transaction volume on the network. [...] With the improvements from dBFT 2.0 consensus, NEO should now posses the reliability necessary for more businesses to begin using the NEO blockchain for point-of-sale solutions.
 

Jeff S

Core Developer, NEO

It is expected that the new algorithm will be one of the most important steps towards the launch of the blockchain NEO 3.0, scheduled for 2020.