2 definitions by NeoEnthusiast

Cryptocurrency

Cryptocurrency is a digital currency that utilizes cryptography for security and can be sent from one person to another anywhere around the world at very low processing charges. Bitcoin was the first cryptocurrency to be created. It was developed by Satoshi Nakamoto, a mysterious entity who has remained anonymous since then. Such cryptocurrencies like Bitcoin, Ethereum, Neo, Ripple, Litecoin and Tether can be exchanged on cryptocurrency exchanges like Rubix.io. Cryptocurrencies utilize peer to peer technology to allow individuals and corporations have the ability to send virtual currencies. In order to send or receive the virtual currency, you must have a digital wallet. Two types are available – software and hosted wallets.

My cryptocurrency portfolio arrays anywhere from Bitcoin to Neo. You can view my cryptocurrency portfolio on Rubix.io cryptocurrency exchange.

by NeoEnthusiast February 12, 2019

Nep-5 Token

NEP stands for “NEO Enhancement Protocol.” The number “5” is simply a revision that everyone has agreed upon. It is also the version through which the enhancements are added to the platform. This revision also added the support for NEO powered cryptocurrency tokens, similar to what Ethereum was doing until now. The best cryptocurrency exchange to trade Nep-5 tokens is on Rubix.io exchange. A NEO standard protocol that governs the essential functions that a token should implement to be used within the network. For example, any token based on NEO should be NEP 5 before it can be traded or exchanged with different parties or on the exchange. This also includes necessary actions including balance checks, token approval, transfer and so on.

I prefer to invest in Nep-5 tokens rather than ERC-223 tokens.

My favorite place to trade Nep-5 tokens is on Rubix.io because of the user friendly interface.

All of my Nep-5 tokens are going to the moon.

by NeoEnthusiast February 11, 2019