- NEO/USD went up from $9.08 to $9.38 this Thursday.
- Erik Zhang, the co-founder of NEO, revealed that version 2.0 of the delegated Byzantine Fault Tolerance mechanism (dBFT) has been updated.
NEO/USD has had an extremely fruitful Thursday as its price went up by 3% from $9.08 to $9.39. The price was boosted by Neo co-founder, Erik Zhang’s announcement that NEO blockchain’s consensus algorithm, the delegated Byzantine Fault Tolerance mechanism (dBFT) version 2.0 has been updated. He tweeted:
“dBFT2.0, a very important component of NEO 3.0, has been developed and released as NEO CLI v2.10.0. Soon it will be deployed to TESTNET and upgraded on MAINNET thereafter.”
Zhang also tweeted that dBFT version 2.0 will be a critical part of NEO 3.0, which is “a system-wide upgrade of NEO that is expected to go live in 2020.”
NEO/USD daily chart
With the NEO/USD market steadily on the rise, the bulls will need to break past resistance at $10. The last time they were able to do that was on 23rd February, which was followed by an immediate drop in value. Bulls will need to gather enough steam to break past the barrier and fight off the bulls to prevent any downward momentum.
BEST BROKERS TO TRADE CRYPTO
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.