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NEO’s strategy of ‘pragmatic’ centralization

NEO’s strategy of ‘pragmatic’ centralization

One of NEO’s competitive advantages over Bitcoin and Ethereum is its ‘pragmatic’ approach toward centralization, argues founder Da Hongfei. One of NEO’s main criticisms is its centralization, both politically and architecturally. Right now, the NEO Foundation and its related organizations-for-profit NEO Global Capital and non-profit NEO Global Development-hold enormous power.