CashTokens
A native token and covenant capability on Bitcoin Cash enabling fungible and non-fungible tokens without smart-contract gas.
CashTokens add primitives to Bitcoin Cash that allow creating and transferring tokens directly within UTXOs. They support fungible tokens, NFTs, and covenants (spending constraints enforced by script), while preserving BCH's UTXO model and low fees.
- Tokens can be minted, held, and transferred in standard wallets
- The minting baton controls future supply for a token category
- NFTs can encode unique attributes and capabilities
Wallet and infrastructure support varies; check compatibility before sending.
Related Terms
Minting Baton
→A unique token that grants the ability to create more of a specific SLP token, commonly used in the Bitcoin Cash ecosystem.
Fungible Token
→A token where each unit is interchangeable with any other unit of the same type, like currency.
Non-fungible Token (NFT)
→A unique on-chain token representing distinct assets, rights, or collectibles.
Opcode
→A fundamental element of Bitcoin's scripting language that enables complex transactions.
All terms and definitions may update as the Cryptionary improves.
