Blockchainnative-token
Native Token
The base cryptocurrency of a blockchain network that is used to pay transaction fees, participate in consensus (staking), and compensate validators for securing the network. Native tokens are protocol-level assets — not created by smart contracts — and their issuance is governed by the blockchain's monetary policy. Examples: SOL (Solana), ETH (Ethereum), BTC (Bitcoin).
Related terms
3Solana Programming
SOL
The native token of the Solana blockchain, used for paying transaction fees, staking, and rent. 1 SOL equals 1 billion l...
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Gas
A unit measuring the computational effort required to execute operations on a blockchain. On Ethereum, gas is priced in...
Blockchain
Transaction Fee
The cost paid by the sender to have a transaction processed and included in a block. Fees compensate validators/miners f...