GAS

GAS

NeoGas
$2.30
+0.56%
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  • Market Cap
    $23,318,498
  • 24h Vol (Global)
    ฿26 ($265,503)
  • 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
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
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
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
LOVE NEO Episode 1: Interview with FishChain
2019-05-05
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
NEL Second Bi-weekly Report of April
2019-04-30
Roadmap of NEO 3.0 Development
2019-04-29
Roadmap of NEO 3.0 Development
2019-04-29
NEL First Bi-weekly Report of April
2019-04-16
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
NEO Global Development Monthly Report — March 2019
2019-04-02
NEO Global Development Monthly Report — March 2019
2019-04-02
Ontology Price Rises Again yet Traders are Starting to Cash out
2019-03-20
Blockchain Gaming Makes An Impact in Akihabara, Tokyo with the NEO Game Conference
2019-03-13
NEO DevCon 2019 III | Take a closer look at the NEO Ecosystem, bring NEO closer to users
2019-03-13
NEO DevCon 2019 II |NEO will be the most favorable platform to build blockchain applications
2019-03-12
NEO DevCon 2019 I| NEO 3.0,The Golden Era for Pragmatic Idealism
2019-03-11
NEO DevCon 2019 I| NEO 3.0,The Golden Era for Pragmatic Idealism
2019-03-11
NEO Quality Assurance
2019-03-05
NEO Quality Assurance
2019-03-05
NEO Quality Assurance
2019-03-05
Binance Has Distributed February GAS, ONG, VTHO and NPXS
2019-03-05
NEL Second Bi-weekly Report of February
2019-03-01
NEO Global Development Monthly Report — February 2019
2019-03-01
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
A Complete List of Guest Speakers & Agenda for NEO DevCon 2019 Came out — All Big Names
2019-01-24
Virtual Dating Comes To NEO
2019-01-19
Binance Has Distributed December GAS, ONG, VTHO and NPXS
2019-01-04
The Darkest Hour is Just Before the Dawn—NGD Annual Report 2018
2018-12-31
Can Alchemint Turn Code Into Gold?
2018-12-29
Upgrade of NeoVM
2018-12-28