Did you know that Cardano does not use smart contracts to interact with tokens and NFTs? The network treats them the same way it treats ADA coins. For Cardano, tokens and NFTs are native assets. This reduces complexity and transaction fees while increasing security. What are the benefits of Cardano for token issuers?
- Ethereum uses smart contracts to interact with tokens.
- For Cardano, tokens and NFTs are native assets.
- Assets are identified by policy ID and name.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: Why Cardano is a good platform for token minting | Cardano Explorer