Here is my summary of the factors behind NEO’s decline in recent years:
1. The launch of Ontology fragmented much of the Neo community, resulting in a significant loss of developers.
2. The prolonged development cycle of N3 caused the community to lose patience, and its incompatibility with NEO2’s data (my mistake) further damaged confidence.
3. Policy factors in China also played a role.
Together, these issues led to a downturn in both NEO’s market value and ecosystem growth.
To avoid repeating the same mistakes, we must remain vigilant against any attempts to create another “Ontology” that could divide the Neo community, and firmly oppose such fragmentation. Moreover, future versions must ensure full compatibility with existing data—token migrations must never happen again.
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