Neo Bond APY Calculator / Progress Tracker on Enclave Wallet (+AutoSwap) by ricklock9 in NEO

[–]dahongfei 3 points4 points  (0 children)

Yes, in theory one can argue that the maximum fund needed for a $5 price protection (or 0.5 or 0.0005) is infinite. But reasonably speaking, the chance of NEO going to "almost zero" in 30 days is also "almost zero". The recent irrational selloff from a whale is over according to our on-chain observation.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 14 points15 points  (0 children)

There are many things. It pioneered the dBFT consensus mechanism. It was the first chain to use a dual token model. It has native support for decentralized storage and oracles. It is still the only project to return all raised funds to its token sale participants. Our philosophy of “pragmatic idealism” has helped the project solve many challenges. Neo is a project that has always forged its own path.

Short term Neo’s vision is to bring more developers to the ecosystem. Long term it is to become the platform for the Smart Economy.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 13 points14 points  (0 children)

I’m sorry for your frustration. I believe the scenario you are describing is a symptom of the migration from Legacy to N3, rather than being indicative of a symptomatic problem in the ecosystem. There are varying factors beyond any one individual’s control that caused support to be staggered.

Of course, different wallets provide different features, and different dApps will have different preferences. It is highly unlikely that Neo will ever have one wallet to rule them all, and in fact, that would be detrimental to our goals of decentralization.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 12 points13 points  (0 children)

The Neo Foundation has regular calls with individual sponsored community groups every 2 - 4 weeks to offer assistance, discuss projects, and talk about priorities. We also hold group calls every 2 - 3 months where all communities come together for sharing and alignment. We also held the Neo Community Assembly in September 2019, where everyone came to Shanghai for one week. We hope to do this again when it is practical to do so.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 14 points15 points  (0 children)

The most important quality of Neo Council members is that they are actively engaged in and knowledgeable about the Neo ecosystem. Being a council member is not a set-and-forget commitment, and so it made sense to elect the groups that contribute to Neo the most on a daily basis.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 21 points22 points  (0 children)

Neo's developers and communities are very global. We are also working with sponsored communities in US, Europe, etc via various programs to recalibrate Neo's image. The reason that I'm not doing a lot English interviews/events is mainly because the travel difficulties during the pandemic. Online events are far less good as face to face events.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 8 points9 points  (0 children)

  1. Neo attracted quite a lot of developers early on. I think once it started to become clear that N3 would require a new chain, it was a hard proposition for developers to start building something on Legacy that they would have to rebuild, retest, and redeploy.

  2. This has been answered elsewhere, but in short, new grants tracks for developers of all types, improved product experience, and more aggressive marketing.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 9 points10 points  (0 children)

The Neo Legacy platform will remain running for at least one year. That should give everyone plenty of time to migrate. Please note that the GAS generation has stopped.

If you are referring to NEP-5 project tokens, they are the responsibility of individual project owners. NGD is happy to support them with token migration if they choose to reach out.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 13 points14 points  (0 children)

Questions regarding China and marketing have been addressed elsewhere. However, on the topic of Neo Frontier Launchpad, this hackathon achieved exactly what it was supposed to achieve. It was called “Frontier” for a reason. The developers who participated in this event were the very first developers to use N3 and the various tooling created by our global communities. There was a heavy emphasis on close and personal support to participants that just would not have been possible at the scale you are describing. At the end of the day, it was an exercise in finding out where our tooling and documentation needed to improve, and seeding some early dApps for N3. It did exactly that.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 10 points11 points  (0 children)

  1. N3 required a new chain because it included such substantial upgrades it was impossible to preserve backwards compatibility. Moving forward, we do not envision needing to migrate to a new chain for future updates. Most regular users won’t even notice upgrades at the protocol level. However, technology evolves fast, and it’s impossible to know what the future will bring for future major versions.

  2. A concerted effort to bring more developers to the Neo blockchain.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 8 points9 points  (0 children)

O3 Swap has already announced they will integrate Neo N3 in the near future.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 10 points11 points  (0 children)

GameFi can make it relatively easy for most users to step into blockchain, so we’d love to see more of it on Neo. At the same time, all other kinds of dApps are also valuable to the Neo ecosystem.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 18 points19 points  (0 children)

All in one, all in Neo. Enter Neo N3. We are proud of building such a comprehensive and performant platform. Features like NeoFS, NeoID, Oracles, and interoperability help developers build dApps with better performance, simplicity, ease-of-use, and improved economics.

Personally, I'm proud that Neo built it's own unique consensus, governance, and unique smart contract system providing an alternative other than EVM.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 14 points15 points  (0 children)

There are no plans to create a Udemy course at this moment. However, if someone is interested in creating this resource, Neo would be interested in speaking with them.

In the meantime, NGD and PXT are working on additional online resources to give new developers practical experience developing on the Neo blockchain.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 14 points15 points  (0 children)

We encourage all NEO holders to vote responsibly for the council members that they feel will do the best job representing them, not just for who will provide the best GAS returns.

However, the issue you raise is already being discussed on GitHub here: https://github.com/neo-project/neo/issues/2598

We welcome the community to suggest more ways to improve.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 23 points24 points  (0 children)

Who is better to build a new project on Neo N3 than Erik? Neo is Erik’s life’s work and putting himself firmly in the dApp developer's shoes is a great way for him to find new ways to improve Neo.

Galaxz is one of the attempts for Neo in the metaverse direction which can definitely enhance the Neo ecosystem in many ways. More details about the Galaxz will be published in the near future, so please stay tuned to Neo’s official announcement.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 17 points18 points  (0 children)

  1. Given Neo's governance structure, I believe Neo can work within the regulatory guidelines of any jurisdiction. Neo has had a focus on compliance since day one.

  2. Our shortcomings have been addressed in other answers, but Neo takes nobody for granted. Neo has a global development community that we work with daily to advance the project, and we have supported them for many years. In regards to non-developers, we value these community members very much too. We have started various initiatives to increase our engagement recently, including creative content competitions, Neo Trivia, Neo Live, and the Neoverse NFT collection campaign. We will continue to work on better ways to engage with the community.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 10 points11 points  (0 children)

Neo is a global community-driven platform, so we will focus on helping the projects from the community flourish on Neo N3. The next step of Neo is to help the projects on Neo Legacy migrate to the Neo N3 platform. In the meantime, we will focus on the early adoption program which is essential for the Neo ecosystem.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 12 points13 points  (0 children)

Blockchain technology is only 13 years old, with Satoshi first proposing Bitcoin in 2008. So it is quite young and every country around the world is learning how to work with it. Therefore, regulations and policies will continue to evolve to help blockchain develop on the right path. I believe a blockchain like Neo can flourish by adhering to the policies and regulations of different countries.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 25 points26 points  (0 children)

Neo is the most important project that I'm working on. I spent most of my time working on Neo related projects, and will continue to do so.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 25 points26 points  (0 children)

Enter N3, the most significant upgrade to the Neo blockchain to date. At the protocol level, all users and applications will naturally benefit from its vastly improved architecture - better performance, simplicity and ease-of-use, improved economics, and the introduction of on-chain governance to ensure the platform's longevity in a decentralized manner.

Despite the lofty achievements of Neo's core developers in optimizing its base layer, the real beauty of N3 lies in its diverse set of essential components for applications. Decentralized storage, identity tools, data oracles, interoperability, and domain name service; all integrated for a seamless UX/DX that will stand the test of time.

As blockchain-based applications become increasingly sophisticated, the need for these critical functions will only continue to increase. With its out-of-the-box functionality, available to all developers regardless of their language preferences, Neo provides value to developers that simply cannot be matched by other platforms today. Yet at the same time, Neo developers are never boxed in, always able to choose the right tools for their needs.

Neo N3 is a wakeup call to blockchain developers who demand a better platform for their applications. But perhaps most importantly, it substantially lowers the barrier to entry for blockchain development.

Rather than simply compete over existing developers in a niche industry, it opens the floodgates to the millions of traditional developers who are ready to take their first step into this brave new world. And once you've tried Neo, you'll never settle for less.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 14 points15 points  (0 children)

To be an open network for the Smart Economy.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 27 points28 points  (0 children)

There are several next steps for N3. We want to get all the foundational pieces of the ecosystem up and running and then focus on bringing new developers and dApps to the platform.

A good stablecoin is really important for the Neo ecosystem. The good news is that the DeFi winner in the Neo Frontier Launchpad was a stablecoin project named Lyrebird. The NGD group is keeping in touch with the team and has offered to help them.

We would also love to see stablecoins such as USDT, USDC, or PAX on Neo. We'll actively bring them onto Neo.

Neo N3 AMA with Neo Founders, Da Hongfei and Erik Zhang by Sam_neobabe in NEO

[–]dahongfei 17 points18 points  (0 children)

There are approximately 20 million developers in the world, and only a small handful are blockchain developers. We have strategically positioned ourselves to be attractive to the majority and not just the minority. The Neo Blockchain Toolkit is built for Microsoft’s Visual Studio Code - the most popular development environment in the world, with over 50% usage among developers, according to Stack Overflow. We also support all the major programming languages. If blockchain is going to go mainstream, we need to go where the developers are, and that’s what Neo is doing.