Home web3.0 TON Blockchain Suffers Second Outage in Two Days Amidst Heavy Transaction Loads Generated by DOGS Memecoin

TON Blockchain Suffers Second Outage in Two Days Amidst Heavy Transaction Loads Generated by DOGS Memecoin

Aug 30, 2024 am 03:49 AM
TON network DOGS Memecoin

The Open Network (TON) experienced its second outage in two days Wednesday, raising concerns about its stability amidst heavy transaction loads.

TON Blockchain Suffers Second Outage in Two Days Amidst Heavy Transaction Loads Generated by DOGS Memecoin

The Open Network (TON) encountered its second service disruption in two days on Wednesday, as heavy transaction loads caused by the popular memecoin, known as "DOGS," continue to strain the blockchain.

According to reports, the latest outage occurred on Wednesday evening, with TON developers attributing the disruption to the “heavy load” caused by memecoin minting. This incident follows a similar outage on Tuesday, where the network was down for over six hours, also due to an influx of transactions from memecoin activity.

In a post on X, TON reported that the block production issues began at 19:19 UTC on Wednesday. Developers quickly identified the cause as the massive number of transactions related to DOGS token minting, which has been overwhelming the network.

To address the issue, TON developers called on mainnet validators to update and restart their nodes. By 1:30 a.m. UTC, the TON Community channel on Telegram confirmed that the network was back online.

The repeated outages have highlighted the strain that the memecoin is placing on the TON blockchain. Memecoin activity on TON has surged in recent days, particularly after the airdrop event for the DOGS memecoin.

Announced during the airdrop event, 81.5% of the fixed supply of 550 billion tokens will be distributed to community members. This has resulted in a massive surge in transactions on the TON network, contributing to recent service disruptions.

As the TON blockchain struggles to maintain stability under the weight of these transactions, questions are being raised about the network’s ability to handle such heavy loads in the future.

The growing popularity of memecoins and the significant transaction volumes they generate could pose ongoing challenges for TON unless the network’s infrastructure is strengthened.

In a related development, Telegram founder and CEO Pavel Durov was indicted by a French court on Wednesday following his release from police custody.

Durov’s arrest was part of an investigation into allegations that Telegram’s cryptography tools and services were being used to facilitate money laundering, child pornography, and drug trafficking.

While this legal issue is separate from the technical challenges facing the TON blockchain, it adds to the growing legal scrutiny around Telegram and its associated projects.

The recent outages on the TON blockchain show the complexities and challenges of managing a network under high transaction loads. As memecoins continue to attract attention and drive up transaction volumes, the TON network will need to find ways to adapt and scale to avoid further disruptions.

The success of NFT sales and other blockchain-based activities on TON will depend heavily on the network’s ability to maintain stability and handle large-scale operations effectively.

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