Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] Crystals - the first blockchain platform for modeling industry.
by
Crystals_official
on 31/07/2018, 01:03:29 UTC
Hello!
Do you use your own blockchain?
Greetings!
We are using Ethereum blockchain.
Why you didn't create your own blockchain?
First of all, CRS is a token, not a coin as tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies!

Creating tokens is a much easier process as you do not have to modify the codes from a particular protocol or create a blockchain from scratch. All you have to do is follow a standard template on the blockchain according to that we are using Ethereum blockchain that allows you to create your own tokens. This functionality of creating your own tokens is made possible through the use of smart contracts which are one of the main advantages of our payment system;programmable computer codes that are self-executing and do not need any third-parties to operate.