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TON experiences another outage, now back up running

TON experiences another outage, now back up running

The BlockThe Block2024/08/28 16:00
By:The Block

Quick Take The Telegram-linked network experienced a second outage on Wednesday. TON developers attributed the second outage to the “heavy load” from DOGS memecoin minting, which likely caused the previous six-hour outage on Tuesday.

The Open Network ( TON +5.66% ), now back online, experienced its second outage in two days, as the blockchain continues to face heavy loads of transactions from DOGS memecoin

“Block production issues began at 19:19 UTC,” TON wrote in an X post. “The disruption appears to be due to heavy load attributed to DOGS token minting.”

After the suspension, TON developers called for mainnet validators to update and restart their nodes to fix the issue. At 1:30 a.m. UTC, the TON Community channel on Telegram announced that the network issue had been resolved.

The TON blockchain had experienced an outage on Tuesday that lasted over six hours, also attributed to the “abnormal” amount of transactions on the network caused by the DOGS memecoin, which recently held its airdrop event. 

X user "maverickqe," who claims to be the strategic advisor to the TON Society, said at the time of the first outage that validators lost consensus after the network overload dragged on for a longer period of time. 

The Telegram-based memecoin DOGS garnered significant attention within the crypto community as its developers outlined plans to expand the token's utility within the Telegram ecosystem. DOGS launched its airdrop event on Monday, announcing that 81.5% of the fixed supply of 550 billion tokens would go to community members. Last week, DOGS said six million verified users requested the airdrop.

In the meantime, Telegram founder and CEO Pavel Durov was indicted by a French court on Wednesday after being released from the French police earlier in the day. Durov was initially arrested in part of an investigation on allegations of Telegram providing cryptography tools and services that facilitated money laundering, child pornography and drug trafficking. 

Meanwhile, the network’s native token, Toncoin, rose 4.64% in the past 24 hours to trade at $5.59, according to The Block’s Toncoin price page .


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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