Topic: Difference between NEO and GAS (Read 617 times)
You can earn gas with holding neo in neon wallet or in your neo adresses. Also you can hold your neo in binance. And they will distribute gas monthly i think.
If you understand the network from Ethereum, then you will see things like the following:
NEO is Ethereum
GAS is GAS / Gwei
So NEO is the parent of coin GAS and GAS is a decimal fraction of NEO.
NEO is Ethereum
GAS is GAS / Gwei
So NEO is the parent of coin GAS and GAS is a decimal fraction of NEO.
NEO is blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications while gas is a token that can be used to pay for transaction fees generated by applications on network.
Neo is used as a digital asset but gas is the fee token in the neo blockchain you can assumulate than both of them reflect the real value of neo good luck
Consider GAS as "interest" or money earned for investing in NEO. This is yet another reason why NEO is a great investment. Not only do you make money when NEO goes up in value, you also earn extra money (GAS) as well.
neo and gas cost nothing now
Consider GAS as "interest" or money earned for investing in NEO. This is yet another reason why NEO is a great investment. Not only do you make money when NEO goes up in value, you also earn extra money (GAS) as well.
How can I get NEOs with my GAS on poloniex?
From what ive researched NEO was formerly known as ANTSHARES and NEO is the platform like Ethereum/WAVES platform.GAS from the name itself is a coin that you will need to have to be able to transact in NEO platform in short GAS will act like literally as gas like the one you are using in your cars.But how can you get GAS?you can get free GAS by simply holding your NEO in your wallet.If you are using NEO in your transactions you will need a certain amount of GAS to spent,does it make sense?
Been holding NEO for a long time now. But I'm just thinking of, what happens when/if NEO reaches $100, $200 or even $400, and NEO isn't divisible? People would be forced to buy whole shares of NEO if they want to move it out of the exchange and into a wallet. Couldn't NEO not being divisible be an issue as far as how many people don't buy it cuz it's too much to get one NEO? Maybe I'm just getting ahead of myself here, cuz we may never reach $400, but just a thought. And my thinking is, that it may make GAS just as valuable if not more valuable than NEO since that is divisible.
I wonder if there is any possible way for NEO to become divisible at any point. Probably not.
I wonder if there is any possible way for NEO to become divisible at any point. Probably not.
Many times I don't know this problem, but the transfer of NEO requires a certain amount of GAS, but it doesn't need to consume GAS, so I don't understand this mechanism.
After consulting with the officials of the NEO, they told me that it o put NEO in the NEO wallet can win GAS regularly.
After consulting with the officials of the NEO, they told me that it o put NEO in the NEO wallet can win GAS regularly.
What is the difference between NEO and GAS? I get to the same website from both of their coinmarketcap page, but they are valued differently and moves also a bit different.
The best thing of that if that you can earn GAS just by holding some NEO's on your wallet, that is the most useful usage of NEO/GAS.
But the earning is pretty low at the moment, you need to have thousands in order to make at least $10 a day.
On which platform I can get GAS?
You can buy gas at many exchanges. Just go to https://coinmarketcap.com/ look for GAS and go to the markets tab. You will find this list of exchanges in which to buy:
1 Huobi GAS/BTC $11,140,700 $55.82 49.89% Recently
2 Binance GAS/BTC $4,665,010 $55.92 20.89% Recently
3 Huobi GAS/ETH $4,547,910 $54.35 20.37% Recently
4 Poloniex GAS/BTC $794,539 $55.76 3.56% Recently
5 OKEx GAS/BTC $396,173 $56.89 1.77% Recently
6 Kucoin GAS/BTC $238,515 $56.54 1.07% Recently
7 Kucoin GAS/NEO $119,123 $54.16 0.53% Recently
8 OKEx GAS/USDT $85,517 $54.77 0.38% Recently
9 Coinnest GAS/KRW $69,506 * $61.34 0.31% Recently
10 Exrates GAS/BTC $63,850 $71.85 0.29% Recently
11 Poloniex GAS/ETH $58,091 $55.62 0.26% Recently
12 Exrates GAS/USD $54,980 $68.17 0.25% Recently
13 Gate.io GAS/USDT $41,179 $56.35 0.18% Recently
14 OKEx GAS/ETH $30,315 $55.62 0.14% Recently
15 Kucoin GAS/KCS $18,232 $54.09 0.08% Recently
16 Gate.io GAS/BTC $7,732 $56.37 0.03% Recently
Sometimes the relation NEO and gas is a bit blurry, the prices should move pretty much in the same form, as NEO value is mainly derived from GAS price, but sometimes it just does not match. Maybe I am missing something.
On which platform I can get GAS?
Kaizer28 explained it perfectly. In a nutshell - you hold NEO and receive GAS.
If you are an investor interested only in trading - you receive some extra value "for free" that you can use for trading.
If you are interested in the technology of NEO and want to keep a share inside, like a traditional investor, then it is like your dividend. If you would be holding a traditional share of some company, if that company turns profit you would receive a compensation - dividends - that is the encouragement right there for you, for holding the shares and not just selling them. Similar is with GAS although you receive it no matter what and it has it own "tradeable" value just like the main token/share - NEO.
If you are an investor interested only in trading - you receive some extra value "for free" that you can use for trading.
If you are interested in the technology of NEO and want to keep a share inside, like a traditional investor, then it is like your dividend. If you would be holding a traditional share of some company, if that company turns profit you would receive a compensation - dividends - that is the encouragement right there for you, for holding the shares and not just selling them. Similar is with GAS although you receive it no matter what and it has it own "tradeable" value just like the main token/share - NEO.
NEO is a platform or a blockchain it is like a Ripple or Ethereum or Bitcoin in this matter. Gas is a a Token are commonly used for usual transactions that are produce when you transact using Neo. That is how I understand it.
NEO is an infrastructure platform that can create coins (tokens) just as Ethereum, Waves and Next.
GAS is just a token built on NEO. I think it is the promising in crypto world.
No man, If in ethereum platform you will see gas goes to the miners but in the neo gas will be distributed for those are staking their coin to the network because that was used pos system and you must understand more about that. Gas just like an emission that generated from everytransaction in the network. GAS is just a token built on NEO. I think it is the promising in crypto world.
Gas is a token and are usually used for transactions for sending tokens from wallet to wallet. Neo is a platform a blockchain just like ETH BTC or Ripple perhaps. Both has differnet and vital fucntions in crypto world.
NEO is an infrastructure platform that can create coins (tokens) just as Ethereum, Waves and Next.
GAS is just a token built on NEO. I think it is the promising in crypto world.
GAS is just a token built on NEO. I think it is the promising in crypto world.
Since there is a hard cap on the total number of GAS, once all the GAS has been distributed will NEO holders no longer receive GAS?
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