Gas is one of the two coins created by Neo Foundation. In practice, gas is used as a processing fees for Neo coin.
In practice, neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block. In practice, neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction). Latest snapshot shows market cap near $108,136,215, 24h volume around $8,638,380, 24h change down 0.72%. DexBrief is currently monitoring a live market route on Solana. Current market coverage for this page is being assembled from 2 public market feeds.
Public metadata currently describes Gas as a token with a delegated byzantine fault tolerant issuance model and semi-centralized structure. Contract references point to Neo as the primary asset platform. Public reference history for this asset dates back to 2015-11-01. Available contract and metadata references point back to the Neo network. Common classification tags include Infrastructure, Smart Contract Platform, and NEO Ecosystem. Public contract references currently span Neo, Neo Neo.