user5976: Triggered by this blog post[1] (and forum post[2]) which says "No smart contract is needed to mint tokens on Cardano", isn't it so that to mint or to burn custom assets, one does need to run a smart contract, i.e the minting policy, and that it is only the transfer of custom assets where no interaction with a smart contract is required?

[1] https://cexplorer.io/article/cardano-will-have-stablecoins-without-censorship
[2] https://forum.cardano.org/t/cardano-will-have-stablecoins-without-censorship/113071


user28: Native means it is native to the multi-assets ledger itself and you do not need an additional layer (such as the ERC-{20,721} smart contract on Eth).
Minting policy is just a set of ledger rules that defined the minting or burning of a token, it is not a smart contract.
To discover the differences between ERC20 assets on Eth and native assets on Cardano, see the How does a native token compare to ada and ERC20? document.

5976: <p>Triggered by this blog post[1] (and forum post[2]) which says &quot;No smart contract is needed to mint tokens on Cardano&quot;, isn't it so that <em>to mint or to burn</em> custom assets, one <em>does</em> need to run a smart contract, i.e the minting policy, and that it is only the transfer of custom assets where no interaction with a smart contract is required?</p>
<ul>
<li>[1] <a href="https://cexplorer.io/article/cardano-will-have-stablecoins-without-censorship" rel="nofollow noreferrer">https://cexplorer.io/article/cardano-will-have-stablecoins-without-censorship</a></li>
<li>[2] <a href="https://forum.cardano.org/t/cardano-will-have-stablecoins-without-censorship/113071" rel="nofollow noreferrer">https://forum.cardano.org/t/cardano-will-have-stablecoins-without-censorship/113071</a></li>
</ul>
 28: <p>Native means it is native to the multi-assets ledger itself and you do not need an additional layer (such as the <em>ERC-{20,721}</em> smart contract on Eth).</p>
<p>Minting policy is just a set of ledger rules that defined the minting or burning of a token, it is not a smart contract.</p>
<p>To discover the differences between ERC20 assets on Eth and native assets on Cardano, see the <a href="https://github.com/input-output-hk/cardano-ledger/blob/master/doc/explanations/features.rst" rel="nofollow noreferrer">How does a native token compare to ada and ERC20?</a> document.</p>
