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Ethereum developer Paul Berg proposes native token-related proposal EIP-7809

On November 12th, Ethereum developer Paul Berg released a proposal for multiple native tokens on Ethereum, aiming to improve the experience when users transfer 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 backwards-compatible extension to EVM that would allow homogenized tokens to operate with "native-like" properties if approved through Ethereum's process for new proposals. ETH already operates as a native token of Ethereum. 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 the transfer of multiple tokens in a single contract call. EIP-7809 introduces four new opcodes: MINT & BURN, which allows token supply to be managed by minting and destroying tokens; BALANCEOF, which checks token balances; NTCALL, which is used for token transfers that require a contract to be invoked; and NTCREATE, which is used to create contracts containing deposits of upfront tokens.