🐶TON blockchain is in trouble again: The surge in transactions of the meme coin DOGS caused a network outage
🔄 The Open Network (TON) has been in trouble recently. First, Pavel Durov was arrested in France. Later, due to the hot trading activities of the new meme coin DOGS, the entire network was blocked for more than six hours, and block production was stopped!
🕒 Cause of the incident: This "traffic jam" started at around 10 pm on August 27, and TON suddenly stopped generating new blocks. It was the Tonk Inu community that first discovered the problem and posted a message on X to remind everyone.
📢 Justin, a member of the TON Foundation, also spoke out. He said that the outage was caused by the excessive traffic brought by the DOGS token.
At the same time, TON itself also acknowledged the outage on the official X account, explaining that it was because the blockchain was overloaded and the validators could not handle it, which led to the collapse of consensus.
🛠️ To solve this problem, the TON team restarted the block validator at 4 a.m. on August 28. After six hours of trouble, the service was finally restored and the platform announced that everything was back to normal.
📉 Let's talk about the "culprit" of this interruption, DOGS. Its price once soared after its launch, but it has now calmed down. The trading volume has also dropped from $1.7 billion in the initial 24 hours to just over $1 billion.
👀 In addition, TON's predicament occurred after Telegram co-founder Pavel Durov was arrested in France. Reports said that he was arrested because of Telegram's poor supervision, involving drug trafficking, child pornography and fraud, but some community members believe that this is political retaliation and speculate that it may be related to the Russian-Ukrainian conflict.
What do you think of this? Will this interruption of TON have a long-term impact on it? What will the future of the meme coin DOGS be? Share your thoughts in the comments section!
