Bitcoinist spoke with NEO founder Da Hongfei at NEO DevCon in Seattle, who gave a detailed vision of the road ahead. Blockchain technology is still ahead of its time.


Despite NEO’s evolution mirroring that of the wider Crypto market over the past 12 months, charismatic founder Da Hongfei assures an attentive audience at NEO DevCon that the ‘smart economy’ project remains perfectly fiscally healthy.

Not only do they still have $2 million left from their initial ICO in 2015 (when those things were legal) but they also have millions of dollars worth of BTC, ETH, and NEO.

Live from DevCon, there’s no understating Da’s magnetic charisma. But Layer 2 solutions, platform instability, and scalability are all issues that the Chinese team will have to overcome if it wants to realize its vision of being the number one blockchain by…

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Source: https://thebitcoinnews.com/neo-founder-blockchain-infrastructure-not-ready-for-mass-adoption/