Home web3.0 The Open Network (TON) Blockchain Resumes Block Production After Six-Hour Outage

The Open Network (TON) Blockchain Resumes Block Production After Six-Hour Outage

Aug 29, 2024 am 09:40 AM
telegram Toncoin Outage

The Open Network (TON) blockchain is back online after undergoing problems that caused its network to halt producing new blocks for nearly six hours.

The Open Network (TON) Blockchain Resumes Block Production After Six-Hour Outage

The Open Network (TON) blockchain has resumed producing new blocks following an outage that lasted nearly six hours and halted network activity.

"TON is now producing blocks normally! We are back online," the TON Foundation announced in a post on its X account today.

TON is now producing blocks normally!

We are back online. https://t.co/iXM6kF464T pic.twitter.com/FQ6eOt9fok

According to data from blockchain explorer Tonscan, the TON blockchain is now generating new blocks. At press time, the last transactions on TON were confirmed six seconds ago in block 45350261.

A blockchain that stops producing blocks for an extended period of time raises concerns about network stability, which could lead to security risks and transaction delays. Blockchain outages are rare but tend to occur during periods of high network activity.

TON Outage Coincided with DOGS Memecoin Airdrop

The latest update from the TON team came about two hours after they had confirmed "a disruption in block production to its network," adding in the X post that the issue was caused "by the abnormal load."

"Several validators are unable to clear the database of old transactions, which has led to losing the consensus," they noted.

Meanwhile, the TON-based community platform Tonk Inu has pointed the finger at a frenzy of market hype over the recent airdrop of the DOGS memecoin.

DOGS went live on Aug. 27 and was quickly listed on major crypto exchanges, including Binance and OKX. The token is part of the Ton Foundation's effort to raise awareness of what it considers to be the unjust arrest of Telegram co-founder and CEO Pavel Durov.

After its launch, DOGS garnered over $1.7 billion in trading volume within 10 hours and attained a market cap of nearly $900 million.

As highlighted by observers, the TON network encountered difficulties in meeting demand following the launch of DOGS, with its transactions per second (TPS) falling short of expectations.

Looks like @ton_blockchain failed stress test, as infrastructure crashes in $DOGS airdrop.

Only max of 280 TPS (transactions per second) reached.

This is far less than earlier claimed theoretical 55,000 TPS. https://t.co/GrXb8OQWZo pic.twitter.com/mMTELqRnMM

In an attempt to bring the network back online, TON's development team, Ton Core, advised validators to restart their nodes and software with specific flags to re-establish consensus.

The blockchain freeze prompted exchanges like Binance and Bybit to temporarily halt deposits and withdrawals.

It's worth noting that Solana also experienced a significant outage in February when the network failed to produce new blocks for around 5 hours, leading to a brief but sharp decline in SOL's price — which later recovered.

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