Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»The TON blockchain was compromised due to Bitcoin Ordinals-style token trading.
TRADING NEWS

The TON blockchain was compromised due to Bitcoin Ordinals-style token trading.

By Crypto FlexsDecember 7, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The TON blockchain was compromised due to Bitcoin Ordinals-style token trading.
Share
Facebook Twitter LinkedIn Pinterest Email

The “most scalable blockchain” has experienced a surge in activity, causing delays in payments on the network.

The Transactions Per Second (TPS) speed of The Open Network (TON) fell as the blockchain stalled as usage increased due to the TON20 transaction surge that began on December 5. TON20 is an inscription standard inspired by the Bitcoin Ordinals protocol. Tonano Team.

According to the developers, TON cannot handle the load due to suboptimal hardware used by some major network validators. According to dTON.io data, TON’s TPS plummeted from 100,000 to less than 1.

These validators rented hardware for low loads without preparing for increased load. This hasn’t been an issue since the network has had low load over the past few months. As the load increased by 50-100x in 30 minutes, these validators started slowing down the entire network.

tone foundation

TON developers said a decentralized penalty system will be implemented to reduce network participants performing poor work. There are also plans to improve the system with stricter penalties, but the developers urged community members to be patient to avoid affecting innocent validators.

Meanwhile, patches have been released to speed up transactions and all validators have been advised to upgrade their hardware to suit blockchain requirements.

When crypto.news reported the initial update on the outage, TON’s native token was down 5%. According to Coingecko, the TON token recovered some of its losses and traded up 0.6%.

TON was declared the world’s fastest blockchain by CertiK, ahead of competitors like Solana, after achieving a record TPS rate of 104,715.

ton TPS data | Source: dTON.io

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Satoshi-Aera Bitcoin Whale moves another 40K BTC to Galaxy Digital.

July 18, 2025

Increasing blockchain accelerator and incubator

July 17, 2025

Hete is released as the largest Web3 REWARDS ecosystem in HEDERA.

July 16, 2025
Add A Comment

Comments are closed.

Recent Posts

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Earn $4,777 Daily! PaxMining Leads 2025’s Record-Breaking Bitcoin Mining Boom

July 18, 2025

GSR Leads $100M Private Placement Into Nasdaq-listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee

July 18, 2025

KuCoin Launches XStocks, Delivering A One-Stop Access Point To Top Global Tokenized Equities

July 18, 2025

💵 FREE $18 USDT – Just For Signing Up!

July 18, 2025

How Does AIXA Mining Break Traditional Barriers?

July 18, 2025

How Does AIXA Mining Break Traditional Barriers?

July 18, 2025

The future of EF ecosystem development

July 18, 2025

Satoshi-Aera Bitcoin Whale moves another 40K BTC to Galaxy Digital.

July 18, 2025

Behind The Surge In XRP, DLMining Brings New Opportunities To Mine BTC With Your XRP

July 18, 2025

The strategy has hit the highest market cap since the Rally Bitcoin rally.

July 17, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Earn $4,777 Daily! PaxMining Leads 2025’s Record-Breaking Bitcoin Mining Boom

July 18, 2025

GSR Leads $100M Private Placement Into Nasdaq-listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee

July 18, 2025
Most Popular

The polygon surpasses Etherrium every day with NFT sales.

April 13, 2025

Ethereum’s Map to Reach $5,000 – Is It Time to Beware of These Levels?

December 14, 2024

Polygon CEO Doubles Down on Memecoin Support, Blasts Critics

May 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.