A native asset framework defines the rules and infrastructure for creating and managing digital assets directly on a blockchain’s base layer. This framework typically specifies the properties, issuance mechanisms, and transfer logic for assets inherent to that particular network. It provides foundational support for tokenization without relying on smart contracts from higher layers. This ensures the highest level of security and decentralization for these assets.
Context
Native asset frameworks are a central topic in news regarding new blockchain protocols or significant upgrades to existing ones. Discussions often compare the flexibility and security offered by different frameworks for issuing digital currencies or tokens. Developments in this area can significantly impact the types of applications and economic models supported by a blockchain.
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