Native Asset
The primary built-in currency of a blockchain used for fees, incentives, and security.
A native asset is the base currency of a blockchain (e.g., BCH on Bitcoin Cash) issued and accounted for by the chain itself. It pays transaction fees and incentivizes validators/miners.
Native assets secure the network by rewarding miners/validators, enable economic activity via payments, and often serve as the unit of account for on-chain protocols.
A native asset differs from a token or wrapped asset because it is part of the base protocol rather than issued by a contract, bridge, or token system. Losing access to a bridge may affect a wrapped version, but it does not change the native asset on its original chain.
Related terms
3 linkedExplore connected entries beyond the alphabetical index.
Layer-1
→The base blockchain layer that defines consensus, transaction validity, settlement, and data availability.
Mainnet
→Mainnet is the live, production blockchain where real-value transactions occur, as opposed to test networks.
Token
→A digital asset issued on an existing blockchain, often representing value, rights, access, or unique ownership.
All terms and definitions may update as the Cryptionary improves.
