Introduction to Token-2022

The need for Token-2022 arose from the growing demand for more sophisticated token functionalities as Solana’s ecosystem expanded. Developers previously forked the Token Program to add new features, which, while feasible, posed challenges in achieving widespread adoption across the ecosystem due to complexities in crafting transactions involving multiple token programs and the trust required in supporting any new token program.

The Token-2022 program, also known as Token Extensions, marks a significant evolution in Solana’s blockchain capabilities, offering enhanced functionality for…