Introduction to Neo

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Business, Social Studies
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University
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Hard
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Neo known for in the context of blockchain technology?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the concept of a smart economy as explained in the text.
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the two types of digital assets mentioned in the Neo Network?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain the role of digital identity in the Neo Network.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the two native tokens of the Neo blockchain and their purposes?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
How does Neo's consensus algorithm differ from Bitcoin's proof of work?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
Discuss the potential advantages of Neo over Ethereum as mentioned in the text.
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