The decentralized exchange INEX aims to develop shall allow different order books to link to it. This would provide better liquidity and a signifi- cantly better user experience. Orders would be first propagate through the network using a peer-to-peer protocol - but in order to pro ide faster settlement, a system-centred order book shall be introduced which is meant to automatically and anonymously match orders between indepen- dent users.
INEX works towards a truly decentralized exchange, built on top of the INEX chain. Our envisaged decentralized exchange architecture is meant to enable the decentralized execution of orders off-chain. This would eliminate the need for a middleman or similar central authorities. Further, the network would cut down confirmation times to a minimum: once tokens would be deposited on a INEX wallet, transacting from it would becoming seamless, regardless of the underlying blockchain. When exchanging one token for another, a INEX user would get access to the new tokens after a single confirmed transaction. This would allow INEX users to make full use of the decentralized service and app ecosystem in a fast and flexible manner.
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