Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
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

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

NFT sales in August increased 2.78% in July 2025

September 1, 2025

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 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

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

Google took 3 months to remove fraudulent app that stole over $5M in cryptocurrency: lawsuit

August 18, 2024

Regulatory and Legislative Analysis – January 2024

February 3, 2024

5 RWA altcoins can be found in April 2025

April 9, 2025
  • 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.