NeosCoin was launched on August 18, 2014. This digital currency is always developing and integrating new features. NeosCoin uses the SHA-256 algorithm. The total number of coins is 21 million NEOS. After reaching the cap of 21 million coins, block generation will still be ongoing for the sake of the blockchain. The reward will be 0.0625 NEOS.
Currently, the block reward is 50 NEOS. To prevent instamine, block generation from 2 to 1001 gave only 0.0625 NEOS as a reward.
NeosCoin aims to break the border between electronic commerce and the real world. The idea behind this currency is to create the perfect set of conditions under which this currency could be used both on the internet and in real life.
Currently, there are numerous services and merchants that accept NeosCoins. For instance, you can buy electronic devices and clothes, book a hotel room or a flight ticket and much more.
NeosCoin introduced a new type of wallets that allow users to deposit, withdraw, exchange and even invest coins using the application which is available on Windows, Mac OS X and Linux.
NeosCoin is secure with sophisticated encryption methods and provides a great deal of anonymity. Money transfers are quick and safe.
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