Introduced in the Mary hard fork. Because native tokens are part of the ledger itself, transfers cost the same as ada transfers and don't depend on a separate smart contract being deployed and audited.
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- MaryThe hard fork on March 1, 2021 that introduced native tokens, allowing users to create and transact with custom tokens directly on Cardano.View term
- NFTA token that represents ownership of a specific unique item, recorded on-chain; anyone can copy the picture, but only one wallet holds the original record.View term
- eUTXOCardano's extension of the UTXO accounting model; each output can carry datum and script logic, so smart contracts express rules without the shared mutable state used by account-based chains.View term
- Policy IDThe unique on-chain identifier of a native token's minting policy.View term