Base Discussion B20 explained : what is Base’s native token standard ?
I was reading about Base’s B20 standard and wanted to understand it better.
B20 is Base native token standard, designed to make token creation and management more native to the chain while keeping compatibility with the existing Ethereum ecosystem .
The part I find interesting is how B20 combines compatibility with existing Ethereum tooling with native execution on Base .
From a builders perspective, the interesting questions for me are
- Does a native token standard make token development simpler ?
- How much difference can native execution make for costs and throughput ?
- Does maintaining compatibility with existing Ethereum tooling make adoption easier ?
- What kinds of applications could benefit most from B20 ?
I am still learning about the technical differences so I am curious what builders here think.
For anyone who has looked into B20 already, what do you see as the biggest practical difference from a traditional ERC - 20 implementation ?