Even though the official release of NEO3 is not anticipated until 2020, the Preview1 build offers revelations into architectural modifications and a few crucial updates.
Regarding the NEO3 launch, Erik Zhang, NEO Founder, issued the following statement:
“Through the NEO3 Preview1 pilot, we’ve advanced forwards towards our goal of delivering large-scale commercial applications — something which I believe is of critical importance for achieving a smart economy as well as next-gen Internet. Moving forward, we aim to further accelerate NEO3’s development to overcome current roadblocks and deliver unmatched stability, throughput, and an optimized developer experience.”
Ontology and NEO, China based blockchain startups, are collaborating to develop a compatible protocol in an effort to fuel the creation of next-generation internet.
Both blockchain firms are working together to create an open, international cross-chain platform on the basis of a compatible covenant that would leverage the strength of both companies.