Updated: August 28, 2024 3:46 AM EDT
UPDATE: According to Tonscan data, the network has resumed block production.
According to on-chain data, TON (Open Network) experienced an outage with no transactions processed for 6 hours.
According to Tonscan data, the blockchain connected to Telegram stopped generating new blocks around 10:11 UTC on Tuesday. As the outage expanded, exchanges Binance and Bybit temporarily suspended deposits and withdrawals to the network.
“The TON blockchain is currently experiencing block production disruptions,” TON said in a post to X. “This disruption is caused by an abnormally high load on TON. Several validators have lost consensus due to the inability to clear their database of old transactions.”
The TON Status group on Telegram reported that validators had to restart their nodes almost simultaneously using a specific flag to get the network back to normal.
“Not enough validators have restarted their nodes with the correct flags yet. If you haven’t restarted your nodes with the new flags yet, please do so as soon as possible.”
X user @maverickqe, who claims to be a strategic advisor to the TON Society Said Previously, the DOGS memecoin airdrop triggered a surge of transactions that overwhelmed the network. “The garbage collection bought enough time to overload many validators and cause a loss of consensus,” wrote user X.
The Telegram-based mimecoin DOGS has gained significant attention in the crypto community as developers outline plans to expand the token’s utility within the Telegram ecosystem. DOGS launched an airdrop event on Monday, Said 81.5% of the fixed supply of 550 billion tokens will be distributed to community members. Last week, DOGS announced that 6 million verified users had requested the airdrop.
The situation comes after Telegram founder and CEO Pavel Durov was arrested by French authorities last week, sparking a huge backlash from the Telegram and TON communities. On Tuesday, the Telegram mini-app was letter The letter, which calls on French authorities to release Durov, has since garnered some 1.7 million signatures.
Meanwhile, the network’s native token, Toncoin, fell 2.14% over the last 24 hours to trade at $5.27. Toncoin price page on The Block.
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