Ethereum developers propose native token-related proposal EIP-7809

Ethereum developer Paul Berg has released a proposal for multiple native tokens on Ethereum, aiming to improve the user experience when transferring tokens, make native financial products easier to deploy, and increase the innovation potential of Ethereum L2 applications. The proposal, called EIP-7809, proposes to add a backward-compatible extension to the EVM, which, if approved by Ethereum's process for approving new proposals, will allow fungible tokens to operate with "native-like" properties. ETH already operates as Ethereum's native token, and almost all other Ethereum-based tokens are built on top of the network, but do not contain most of the same "native" features that ETH has. This limits features such as direct token transfers using opcodes and transferring multiple tokens in a single contract call. EIP-7809 introduces four new opcodes: 1. MINT & BURN, which allows token supply to be managed by minting and destroying tokens; 2. BALANCEOF is used to check token balances; 3. NTCALL is used for token transfers that require calling contracts; 4. NTCREATE is used to create contracts containing upfront token deposits.