What is NEX?
And how is it better than current decentralized exchanges?
NEX leverages an off-chain matching engine to enable faster and more complex trades across multiple blockchains such as NEO and Ethereum
High volume
NEX handles enormous trade volume through its unique publicly verifiable off-chain matching engine.
Payment service
The NEX payment service enables third-party smart contracts on NEO to send and receive global assets such as NEO and GAS as part of their computation.
Complex trades
NEX handles complex order types that aren’t currently available on other decentralized exchanges such as market and limit orders.
NEX wallet extension
The NEX wallet extension underpins the NEX ecosystem, allowing quick and seamless coordination between NEX, dApps and websites. Install NEX Extension
Cross-chain trading
NEX allows for performant trades between tokens based on the NEO and Ethereum networks.
This makes a great deal of sense to me and would be a very useful solution in the realm, I shall have to take your simple advice and install the extension and look into it further to discover for myself if it is easily implementable for a problem that I am working to solve.
So ti attempt to interpret for those of us trying to understand the poosibilities of what you seem to be suggesting me become possible as an automatic function of a transaction. It seems that having a transaction be subject to an 'if/then; scenario; meaning if A then B happens becomes a condition for the exchange to occur has up to now difficult to impossible for trading to occur between individuals without some 3rd party individual performing the role of a broker or banker that confirms the conditions have been met. And this NEX protocol allows for this to happen between any 2 coins based upon the codes of these 2 platforms?
IDo I understand this correctly...