The Currency Analytics
By Dan Saada
NEO Smart Economy Da Hongfei
NEO has been discussing on making smart contracts secure. NEO has been trying to establish that the code is the only thing trustable, keeping in mind that hackers are everywhere.
NEO Smart Economy tweeted: “As a smart contract developer, it is critical to know that your code is the only thing you can trust.
Some of the users who have hacking tendencies are going to look for vulnerabilities in the smart contract. If there are options, they are going to exploit it.
Sydney Ifergan, the crypto expert, tweeted: "NEO Smart Economy is working to ensure a stable coin to help investors survive volatility. Good about it.”
Da Hongfei, Founder of NEO, spoke about the “Next Generation Internet for Digital Economy” in the past during BlockShow Asia.
First, I kept Bitcoin, between 2011 and 2016, then Bitcoin and Altcoin. And, then from 2016 to today, it is all about blockchain.
Da Hongfei was asked about what he thinks is missing to build the internet in the right way.
He replied, “There are two major problems with today's internet. I summarize it as horizontal isolation and vertical friction.
And, the second issue is vertical friction. We are still living in a world where the digital world and the biological world are separated.
When asked if he was trying to recreate the universe, Hongfei stated, it is not the universe, but we are recreating the way that people collaborate together.
NEO is a protocol for digital assets is looking for infrastructure stuff. He stated two kinds of application are crucial to the NEO ecosystem.