The Open Network (TON) has recently faced significant challenges, experiencing its second outage in just two days. The blockchain, which has been under heavy load from DOGS memecoin transactions, is now back online and operating normally.
🔍 The Incident:
TON reported that the disruption began at 19:19 UTC, with block production issues caused by an overwhelming amount of transactions related to DOGS token minting. This heavy load led to a temporary suspension of the network.
In response, TON developers quickly mobilized, calling on mainnet validators to update and restart their nodes. By 1:30 a.m. UTC, the TON Community channel on Telegram announced that the issue had been resolved and the network was back up.
This wasn't the first time TON faced such a challenge. On Tuesday, the network experienced a six-hour outage, also attributed to an "abnormal" surge in transactions from the DOGS memecoin, which had just held its airdrop event.
🎯 Impact on Validators:
An X user known as "maverickqe," who identifies as a strategic advisor to the TON Society, explained that during the first outage, validators lost consensus due to the prolonged network overload. This highlights the impact of high transaction volumes on network stability, especially in decentralized systems like TON.
🐕 The DOGS Memecoin Frenzy:
The DOGS memecoin has captured the attention of the crypto community, particularly due to its deep integration with the Telegram ecosystem. The airdrop event, which launched on Monday, saw 81.5% of the fixed supply of 550 billion tokens distributed to community members. According to DOGS, six million verified users requested the airdrop—a testament to its popularity.
💡 What’s Next for TON?
Despite the recent challenges, TON’s native token, Toncoin, showed resilience, rising 4.64% in the past 24 hours to trade at $5.59. As the blockchain continues to navigate these high transaction volumes, the community will be closely watching for any further developments or improvements in network stability.
Meanwhile, in a surprising twist, Telegram founder and CEO Pavel Durov was indicted by a French court on Wednesday, just hours after being released from police custody. The investigation relates to allegations that Telegram’s cryptography tools facilitated illegal activities, including money laundering and drug trafficking.
📰 Stay Informed:
As TON continues to evolve, it’s crucial to stay updated on the latest developments. Whether you’re a developer, investor, or just a curious observer, these events highlight the dynamic and sometimes unpredictable nature of the blockchain space.
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