How to Create Your Own Cryptocurrency on the TON Network

Creating new tokens and cryptocurrencies was a complex task in the early days of blockchain. But new solutions like the TON network now allow you to create functional blockchain tokens without any coding knowledge.

Before we look at the steps involved in creating cryptocurrencies on the TON network, let’s explore the platform itself. The TON blockchain aims to provide fast transaction processing and scalability using a three-layer system: a main blockchain, working blockchains, and shard blockchains.

Main Blockchain

The TON network’s main blockchain stores critical data for the overall blockchain setup, including the number of validators, active blockchains, and the hashes of the most recent blocks. Think of it as the backbone of the entire structure.

Working Blockchains

The TON network uses independent blockchains to perform specific operations. These working blockchains operate independently but remain consistent with the main blockchain. They can utilize different virtual machines, addresses, and transaction formats and manage gas fees using their own tokens.

Shard Blockchains

The network uses shard blockchains to handle transactions for specific …

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