TON Crystal (TON) is the native asset of the Free TON blockchain. Free TON is a smart contract platform that shares certain similarities with the now-defunct TON blockchain project of Telegram. Its network utilizes sharded multi-threading technology, distributing the storage and processing responsibilities to smaller validator groups, resulting in lower transaction latency and higher throughput compared to blockchains that operate as a single state layer.
Free TON employs Proof-of-Stake (PoS) for consensus and supports the development of applications in multiple advanced computer languages, such as C, C++, and Solidity. Network participants can use TON crystals to pay transaction fees or stake their assets to ensure the security of the network and vote on governance proposals.
