TON Blockchain Back Online After Disruptive Outage Linked to Cryptocurrency Surge
TON Network Outage: An Overview
The TON blockchain, a crucial player in the cryptocurrency space, experienced an extended downtime attributed to the rising popularity of Dogs Coin, a newly introduced memecoin linked to Telegram's ecosystem. The technical disruption occurred on Wednesday as traders flocked to engage with the Dogs gaming platform, resulting in over 20 million transactions.
What Happened During the Outage?
- Validators Lost Consensus: Validators faced garbage collection overloads, causing a loss of consensus.
- Extended Downtime: The network remained offline for approximately six hours.
- Effect on Exchanges: Major exchanges, such as Binance and Bybit, halted operations related to TON during the outage.
Resolution and Recovery
Ultimately, network validators were restarted with specific flags, allowing block production to resume. The TON network has now successfully returned online, mitigating the disruptions created by the unexpected surge. Meanwhile, observers continue to track the impact of market activities on the TON ecosystem.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.