The crystal has existed since existence began existing, just like Mr void.
Meaning it's as old as time itself
It can only be broken by godlike beings
So that means redi, inkmatas, eggyhead, and beldum could theoretically break the crystal, along with Mr void but he's destruction itself so he can break anything
Luckily three of the four are on the collector's side, and acknowledge how important the crystal is so they wouldn't think to break it
Now, the effects of actually breaking the crystal were shown in the story of darkspace collector
Which is right here:
imgflip.com/i/6wzo7c
As you saw, darkness consumes EVERYTHING
As the shards of the crystal fade the darkness becomes more powerful
It's a side effect of Mr void existing, so it technically exists in the main timeline however it cannot spread because the crystal is still intact
When the crystal has a strong connection to a living being it creates a separate realm known as the realm of creation, which can be used as a storage area for a seemingly infinite amount of items
The main area is a simple flat plain, entirely made of a shimmering liquid
In this area you can summon any item or room from other layers of the realm of creation