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Topic: Difference between NEO and GAS (Read 606 times)

jr. member
Activity: 121
Merit: 1
The World’s First Blockchain Core
October 22, 2018, 07:19:55 PM
#41
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.
hero member
Activity: 1106
Merit: 502
October 21, 2018, 11:29:37 PM
#40
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.
jr. member
Activity: 137
Merit: 1
September 12, 2018, 11:39:04 PM
#39
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.
full member
Activity: 658
Merit: 100
September 11, 2018, 03:08:57 PM
#38
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
jr. member
Activity: 46
Merit: 4
September 11, 2018, 03:00:13 PM
#37
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
newbie
Activity: 61
Merit: 0
February 13, 2018, 02:29:58 PM
#36
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.
jr. member
Activity: 46
Merit: 4
February 13, 2018, 02:23:14 PM
#35
How can I get NEOs with my GAS on poloniex?
member
Activity: 258
Merit: 12
January 26, 2018, 09:09:26 AM
#34
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?
jr. member
Activity: 43
Merit: 2
January 26, 2018, 07:52:23 AM
#33
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. Smiley Wink
member
Activity: 168
Merit: 10
January 20, 2018, 03:46:30 AM
#32
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. Huh
full member
Activity: 220
Merit: 100
January 19, 2018, 11:05:56 PM
#31
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.
member
Activity: 224
Merit: 10
January 19, 2018, 10:45:23 PM
#30
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
member
Activity: 224
Merit: 10
January 19, 2018, 10:40:39 PM
#29
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.
jr. member
Activity: 46
Merit: 4
January 16, 2018, 03:09:04 PM
#28
On which platform I can get GAS?
full member
Activity: 322
Merit: 141
January 04, 2018, 06:59:47 AM
#27
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.
member
Activity: 140
Merit: 10
January 04, 2018, 06:07:04 AM
#26
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.
hero member
Activity: 2282
Merit: 505
January 04, 2018, 02:30:56 AM
#25
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.
member
Activity: 168
Merit: 10
January 04, 2018, 02:01:42 AM
#24
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.



member
Activity: 588
Merit: 18
January 02, 2018, 02:47:04 PM
#23
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.
member
Activity: 336
Merit: 10
January 02, 2018, 02:22:36 PM
#22
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?
newbie
Activity: 12
Merit: 0
January 02, 2018, 02:14:42 PM
#21
GAS is a token that you can use to speed up transaction, you need a minimun quantity
member
Activity: 224
Merit: 10
January 02, 2018, 02:13:14 PM
#20
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.

They both come from an old project that had "shares" called "Antshares". Now NEO is a share that you can stake or hodl and that gives you GAS which is the coin to pay for fees.
jr. member
Activity: 46
Merit: 4
January 02, 2018, 02:08:34 PM
#19
Yeah with neo you can generate gas.

Neo and gas will give us a great satisfaction in 2018!!!!

The end of 2017 wasn't very good
newbie
Activity: 20
Merit: 0
December 19, 2017, 04:34:26 PM
#18
Yeah with neo you can generate gas.

Neo and gas will give us a great satisfaction in 2018!!!!
member
Activity: 74
Merit: 10
December 19, 2017, 04:20:02 PM
#17
Some people say gas are the incentive of holding neo. Mean that if you got Neo in your wallet, so you will get the Gas for free. Something like you saving money at bank, and bank give you some interest.
jr. member
Activity: 46
Merit: 4
December 19, 2017, 03:38:30 PM
#16
NEO works on a Proof of Stake algorithm called delegated Byzantine Fault Tolerance, or dBFT. This means that the cost in this case is a stake, instead of electricity to run your computer. Those who want to gain more coins, place a “bet" and if they approve only fair transactions, they win, otherwise, you guessed it, they lose their bet. GAS is also needed for blockchain operations, jus like ETH does. So in fact, GAS is the coin that powers NEO the platform. NEO the coin is just a share. That is the major difference between the coins: BTC is just digital cash, whereas NEO generates you GAS which can be transacted and gives voting rights, just like a share does in a company.
could you explain how you bet please?
full member
Activity: 260
Merit: 129
November 21, 2017, 03:14:08 PM
#15
GAS like it's name, is a fuel for the NEO network. So it's a ressource to fuel your transaction. It's just a metaphor to have a fatest understanding on what is going on (like Ethereum).
jr. member
Activity: 46
Merit: 4
November 21, 2017, 03:02:23 PM
#14
NEO works on a Proof of Stake algorithm called delegated Byzantine Fault Tolerance, or dBFT. This means that the cost in this case is a stake, instead of electricity to run your computer. Those who want to gain more coins, place a “bet" and if they approve only fair transactions, they win, otherwise, you guessed it, they lose their bet. GAS is also needed for blockchain operations, jus like ETH does. So in fact, GAS is the coin that powers NEO the platform. NEO the coin is just a share. That is the major difference between the coins: BTC is just digital cash, whereas NEO generates you GAS which can be transacted and gives voting rights, just like a share does in a company.
how can you bet?  Huh
member
Activity: 122
Merit: 10
November 12, 2017, 02:19:32 PM
#13
NEO works on a Proof of Stake algorithm called delegated Byzantine Fault Tolerance, or dBFT. This means that the cost in this case is a stake, instead of electricity to run your computer. Those who want to gain more coins, place a “bet" and if they approve only fair transactions, they win, otherwise, you guessed it, they lose their bet. GAS is also needed for blockchain operations, jus like ETH does. So in fact, GAS is the coin that powers NEO the platform. NEO the coin is just a share. That is the major difference between the coins: BTC is just digital cash, whereas NEO generates you GAS which can be transacted and gives voting rights, just like a share does in a company.
jr. member
Activity: 46
Merit: 4
November 07, 2017, 09:37:25 AM
#12
NEO is like a share of a company. If you have NEO, you have voting rights for changes on the network.

GAS is the dividend it pays and also the fee used for most of the actions on the network.
you don't need gas to send NEOs.
How do you vote btw?
full member
Activity: 140
Merit: 100
October 25, 2017, 11:20:37 AM
#11
NEO is like a share of a company. If you have NEO, you have voting rights for changes on the network.

GAS is the dividend it pays and also the fee used for most of the actions on the network.
sr. member
Activity: 798
Merit: 250
October 25, 2017, 11:10:50 AM
#10
you can generate GAS with your NEOs and NEO can not sent with number after the comma (eg 3 NEO can be sent but 3.1 NEO can not be sent)
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 25, 2017, 10:47:35 AM
#9
You can earn free GAS tokens just by holding NEO coins. If you don't have a wallet you can leave it on the binance exchange (at own risk) and they will allocate the free gas to you.
it's the only exchange that does it?

Kucoin does too.  https://www.kucoin.com/#/signup?r=E3ITtU

good thing that those exchange allowed us to earned gas just by holding neo and that's also part of this good investment coming out from the platform
as time goes both have already gain value and its still rising as noe has been used by some tokens and if more will use it more gas will be rewarded.
full member
Activity: 350
Merit: 122
October 25, 2017, 09:54:20 AM
#8
You can earn free GAS tokens just by holding NEO coins. If you don't have a wallet you can leave it on the binance exchange (at own risk) and they will allocate the free gas to you.
it's the only exchange that does it?

Kucoin does too.  https://www.kucoin.com/#/signup?r=E3ITtU
jr. member
Activity: 46
Merit: 4
October 24, 2017, 01:28:17 PM
#7
You can earn free GAS tokens just by holding NEO coins. If you don't have a wallet you can leave it on the binance exchange (at own risk) and they will allocate the free gas to you.
it's the only exchange that does it?
full member
Activity: 630
Merit: 100
October 24, 2017, 01:05:01 PM
#6
You can earn free GAS tokens just by holding NEO coins. If you don't have a wallet you can leave it on the binance exchange (at own risk) and they will allocate the free gas to you.
full member
Activity: 364
Merit: 102
October 24, 2017, 12:52:53 PM
#5
NEO is a blockchain similar to bitcoin blockchain or etherium blockchain for instance. GAS on the other hand is the token that is used for transactions. Without GAS you will not be able to send your tokens for one wallet to another.
full member
Activity: 350
Merit: 122
October 24, 2017, 12:48:23 PM
#4
NEO (coin) is the platform (like ETH, WAVES, etc.)

GAS is a token (like RPX) built on NEO
member
Activity: 79
Merit: 10
October 24, 2017, 12:44:34 PM
#3
Neo is the shares token and Gas is the Fuel token.
jr. member
Activity: 46
Merit: 4
October 24, 2017, 12:31:09 PM
#2
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.
you can generate GAS with your NEOs.
member
Activity: 94
Merit: 10
October 24, 2017, 12:26:13 PM
#1
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.
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