NEO Announcement: NEO 3.0 will be launched as a new blockchain network, users need to replace existing tokens with new tokens

On April 29, NEO officially announced that NEO 3.0 will be launched as a new blockchain network, and users need to exchange their existing tokens for new tokens. NEO co-founder and core developer Erik Zhang said that the introduction of a new blockchain is necessary, as several architectural improvements to NEO performance and stability are subsequently incompatible with current blockchains. It is reported that all data and transaction records will be migrated to NEO 3.0, and the development branch will also be in place before the main network is launched.