Why nash might be the best DEX? Nash(used to be Neon Exchange) is a decentralized exchange founded by some of the experienced blockchain developers which come from City of Zion(CoZ). CoZ is a global, independent group of open source developers, designers, and translators formed to support the NEO core and ecosystem. The CoZ created projects such as the popular ones like NEONWALLET, which allows users to store their NEP-5 tokens safely and NEOSCAN, which allows users to track neo-related addresses easily on the blockchain. The nash team members have built core infrastructures for NEO blockchain that is used by hundreds and thousands of people on a daily basis. In short, the founders of nash come from a several years background of strong blockchain experiences and their overall credibility is above average due to the previous projects that they worked on which makes nash a great investment in my opinion. Neon Exchange is now "nash" Nash used to be called NeonExchange(NEX). However, due to legal constraints, and also another reason that nash team has already wanted to rebrand, motivated them to do so, which comes nash. Nash is now easier to promote as it has a shorter domain, and is easier to remember. Nash also has a deeper meaning to it, which was explained by Fabio Canesin, one of the Co-founders of nash in one of the interviews with Blockchain Brad, that out of several hundreds of names, nash was picked due to a mathematician named John Nash.



In the ​above video, Fabio explained, "JohnNash was the outwork of nash equilibrium, which plays a big role in economics and financial markets. That means it plays a big role in blockchain" In short, nash is more than just a name! But, what really is nash? Nash is a decentralized exchange which uses an off-chain matching engine. Quoted from a recent medium article from nash, "By matching trades off the blockchain, we bypass its speed restrictions. We can also match trades across multiple chains, like a centralized exchange." It is also critical to note the main features of the matching engine as shows below video shared by nash.

Quoted from nash, "Our matching engine is a provably fair, distributed system, adding extra security and requiring even less trust" More importantly, "The Nash matching engine is essentially a multi-chain state channel manager. A state channel is a kind of account that is opened off a blockchain, allowing users to update balances that are only written to the chain at a later date. This is faster than recording every transaction to the blockchain and is essential to scaling solutions such as Ethereum’s Raiden Network. Cryptography ensures that requests to change balances in the channel are valid." Unlike the normal DEXes today like IDEX, nash will be executing trades off the blockchain. This means that trades on nash can be much faster now without being clogged in the blockchain network. nash can even be able to challenge the speed of Centralized exchanges today such as Binance/HitBTC/CoinbasePRO/Kucoin/Gemini. Smart Contract testing Nash audit tested their smart contracts as much as possible until they are perfect.