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TON Blockchain Had A 6-Hour Outage

Published: Aug 29, 2024 | Last Updated: Aug 29, 2024
Howard Kane
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Validators struggled to reach consensus amid high traffic from DOGS airdrop, causing major exchanges to suspend TON transactions temporarily.

The Open Network (TON) blockchain recently experienced a significant disruption, halting block production for several hours. This incident has raised concerns about the network's ability to handle high traffic and large-scale events.

What Happened?

The TON blockchain suffered a six-hour outage due to an abnormal load that caused a consensus loss among validators. This means that the validators, who are responsible for confirming transactions and maintaining the network, could not agree on the state of the blockchain, leading to a halt in block production.

The surge in transactions was reportedly triggered by the launch of the DOGS memecoin airdrop. The sudden influx of activity overwhelmed the network, causing it to malfunction.

Impact on Exchanges

As a result of the outage, major cryptocurrency exchanges like Binance and Bybit temporarily suspended deposits and withdrawals to and from the TON blockchain. This precautionary measure was taken to prevent any potential issues or losses for users during the network disruption.

Network Recovery

After several hours, the TON blockchain resumed block production. Validators restarted their nodes, which are the devices or software applications that maintain the blockchain, to bring the network back to its normal state. Despite the prolonged outage, the native token of the TON blockchain, Toncoin, remained stable in price.

This incident has highlighted some vulnerabilities in the TON blockchain's infrastructure. The network's inability to handle the sudden surge in transactions has raised questions about its capacity to manage large-scale events in the future. For blockchain networks, ensuring robust infrastructure and scalability is crucial to maintaining reliability and user trust.

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