GAS

GAS

NeoGas
$1.37
+4.13%
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  • Market Cap
    $13,891,304
  • 24h Vol (Global)
    ฿38 ($388,714)
  • Circulating Supply
    10,128,375
  • Issue Date
    -
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
100,000,00010,128,375---1
neoexplorer.co
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
17,190,378-https://github.com/neo-project-https://neo.org/TOKEN

GAS is also known as NEO GAS and was designed to control the NEO network. NEO has two different coins. The first coin is the main cryptocurrency NEO and the other is NeoGas, also known as GAS. In addition, both cryptocurrencies have a limit of 100 million coins. The GAS cryptocurrency is used to control the management’s rights to the NEO coin. These rights include, for example, accounting reconciliation and changes to network parameters. It is also planned that the coins can be mined, but the function is currently not activated. Every time a smart contract is fulfilled, the bookkeeping must be used, which is verified by the Blockchain technology. Companies on NEO blockchain must spend GAS to run their apps on the NEO system (e.g. smart contract registration fees) and this GAS is recycled back to the NEO holders AS WELL AS the newly generated GAS. So, as the NEO network grows and becomes more used then the GAS produced by holding NEO will increase and increase.

Introduction

GAS is also known as NEO GAS and was designed to control the NEO network. NEO has two different coins. The first coin is the main cryptocurrency NEO and the other is NeoGas, also known as GAS. In addition, both cryptocurrencies have a limit of 100 million coins. The GAS cryptocurrency is used to control the management’s rights to the NEO coin. These rights include, for example, accounting reconciliation and changes to network parameters. It is also planned that the coins can be mined, but the function is currently not activated. Every time a smart contract is fulfilled, the bookkeeping must be used, which is verified by the Blockchain technology. Companies on NEO blockchain must spend GAS to run their apps on the NEO system (e.g. smart contract registration fees) and this GAS is recycled back to the NEO holders AS WELL AS the newly generated GAS. So, as the NEO network grows and becomes more used then the GAS produced by holding NEO will increase and increase.

Social Media
News
Learn How to Earn Passive Income by Staking NEO
2019-01-09
NEO Foundation and Ontology Foundation to Co-Fund a Joint Task Force
2018-05-24
dBFT 2.0–3 months, no sporks
2019-08-29
‘The Cutest Crypto Game’ Increases Scalability by Adding Neo Platform
2019-08-28
NEO Foundation Ltd. and gumi Cryptos Inc. Strike a Strategic Partnership Agreement to Promote the Japanese Blockchain Industry
2019-08-22
NEO Monthly Report — July 2019
2019-08-20
NEO EcoBoost goes into full launch, attracts institutional heavyweights
2019-08-20
Introduction of NEO-CLI Automation Testing Framework
2019-08-20
Hodler’s Digest, Aug. 12–18: BTC Premiums, Coinbase Blow, Binance Revival
2019-08-18
Low Volume Fallout As Crypto Exchange Drops 23 Trading Pairs for Tether, Ethereum and Monero
2019-08-17
Crypto Exchange Poloniex to Delist 23 Trading Pairs Due to Low Volume
2019-08-15
Trusted Execution Environments
2019-08-09
Binance Has Distributed July GAS, ONG and VTHO
2019-08-05
Beginner’s Guide to Binance: Complete Review
2019-08-05
Binance Will Support Stratis (STRAT) Staking & Launch a 50,000 STRAT Initial Staking Reward Airdrop
2019-08-02
Binance Will Support Qtum (QTUM) Staking & Launch a 50,000 QTUM Initial Staking Reward Airdrop
2019-07-31
NEO and Swisscom Blockchain Partner to Empower Data Ownership: Seraph ID is unveiled to advance ecosystem decentralization and large-scale commercial solutions
2019-07-31
Binance Will Support Algorand (ALGO) Staking & Launch a 220,000 ALGO Initial Staking Reward Airdrop
2019-07-26
Binance Exchange Adds Komodo (KMD) Staking Service
2019-07-24
Binance Will Support Komodo (KMD) Staking & Launch a 250,000 KMD Initial Staking Reward Airdrop
2019-07-23
Binance to distribute 9.5 million Stellar Lumens earned from staking, will add XLM staking support
2019-07-18
Binance Will Support Stellar (XLM) Staking & Launch a 9,500,000 XLM Initial Staking Reward Airdrop
2019-07-18
China’s Leading Blockchain Giants Come together to Accelerate Next-gen Internet: NEO and Ontology to Leverage Respective Strengths to Build an Open Cross-chain Platform
2019-07-18
Binance ‘Unknowingly’ Earns $775K via Staking, Set to Launch Huge XLM Giveaway
2019-07-18
Binance Has Distributed June GAS, ONG, and VTHO
2019-07-06
Binance Has Distributed June GAS, ONG, VTHO and NPXS
2019-07-06
NEL Second Bi-weekly Report of June
2019-07-03
Crypto Exchange Bittrex Geofencing 32 Cryptocurrencies for U.S. Customers
2019-06-10
Binance Has Distributed May GAS, ONG, VTHO and NPXS
2019-06-06
NEO’s dBFT 2.0 — Single Block Finality with Improved Availability
2019-06-05
Neo Upgrade Scheduled For Beginning of June, New Oversize Fee Added
2019-05-30
NEO Digital Asset Alliance Round Table Meeting #5
2019-05-21
Poloniex Stops Offering Nine Coins in US Due to Uncertain Regulations
2019-05-16
Poloniex, Fearing Regulatory Backlash, Prevents Sale of 9 Crypto Assets In US
2019-05-16
NEL First Bi-weekly Report of May
2019-05-16
MakerDAO Addresses Stability Fees, Demos State Channel DAI Payments
2019-05-14
LOVE NEO Episode 4: Interview with BlaCat
2019-05-08
关于分发4月份GAS、ONG、VTHO、NPXS的公告
2019-05-05
Binance Has Distributed April GAS, ONG, VTHO and NPXS
2019-05-05
Roadmap of NEO 3.0 Development
2019-04-29
关于分发3月份GAS、ONG、VTHO、NPXS的公告
2019-04-05
Binance Has Distributed March GAS, ONG, VTHO and NPXS
2019-04-05
NEO Global Development Monthly Report — March 2019
2019-04-02
Ontology Price Rises Again yet Traders are Starting to Cash out
2019-03-20
NEO Quality Assurance
2019-03-05
Binance Has Distributed February GAS, ONG, VTHO and NPXS
2019-03-05
Crypto Dividends: Staking Coins for Gains Potentially a Good Strategy in a Bear Market but Is Not Without Risk
2019-02-19
GAS Price Gains 40% yet no one can Explain why
2019-02-17
Binance Has Distributed January GAS, ONG, VTHO and NPXS
2019-02-06
Virtual Dating Comes To NEO
2019-01-19