What does native token mean in crypto?

We all are more or less familiar with the term native token. Because it is a common term in crypto world. For example, a native token of the steem ecosystem is steem. It is a token that is created on a specific blockchain. It refers to a type of token that originally had an internal use for a blockchain that used to represent the original token. It has morphed into blockchain to include any tokens Some examples of native tokens are bitcoin, ether and stablecoin USDC, steem etc.

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Blockchains are usually created to solve a problem. Generally, this blockchain is created to solve various problems. Blockchain was created for Bitcoin as a payment system. Even after they are created, incentives are provided to ensure that they are protected. To put it more simply, Ethereum was designed in such a way that other applications could be designed using Ether to do the work for the blockchain. And such tokens created with it were called native tokens.

Initially, such tokens were called native tokens, but over time, this concept has changed somewhat. This is because as with cryptocurrency, definitions and concepts change over time. Because we know these digital currencies are still relatively new, these ideas change a lot over time. Usually such tokens are considered to be created on a specific blockchain and where they are stored. But an important point here is that the purpose or utility of such tokens does not matter as long as it is minted on the blockchain. But here it must be remembered that tokens are not minted in a specific blockchain, such tokens are never native to the blockchain. And such tokens are not known as native tokens but they are usually non-native tokens.

But the blockchains that are forked and the blockchain token is also a native token. A word related to a fork. A change in the blockchain that is accepted by some users but not by others is called a fork. Forks include those who accept the change and run the new blockchain. But those who don't accept it run the version from which it was forked. Blockchains and tokens can be replicas of older chains. will make the token on the chain a native token. The reason behind being a native token is that it was minted on a forked blockchain.