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Home»ALTCOIN NEWS»TON, Second Large-Scale Power Outage in Two Days
ALTCOIN NEWS

TON, Second Large-Scale Power Outage in Two Days

By Crypto FlexsAugust 30, 20243 Mins Read
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TON, Second Large-Scale Power Outage in Two Days
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  • The Open Network (TON) is back in the dark.
  • Efforts are underway to find a solution.
  • The network’s resurgence has raised questions.

Telegram-affiliated blockchain TON has been under a lot of pressure this week, starting with the arrest of Telegram founder Pavel Durov and the subsequent decline in the native token following the suspension of activity on the chain. On August 27, 2024, TON suffered a massive outage, halting block production for several hours.

Although the initial outage was successfully resolved and operations resumed, the problems were not over as a second, larger outage occurred.

TON is off the radar again

Just hours after recovering from a nearly seven-hour outage, The Open Network (TON) is once again in the spotlight for the wrong reasons. In a tweet on August 28, the network revealed that it was once again facing a block production outage, marking the second major outage in less than 36 hours.

TON said the second outage began at approximately 7:19 PM UTC, and was again due to a mass issuance of DOGS mimecoins.

Block production has stopped in TON
It starts at 19:19 UTC.

It appears to be due to an overload caused by DOGS token mining. TON Core is working on a solution.

We will continue to update you as the situation evolves. Your crypto assets are not at risk.

— TON Status (@ToncoinStatus) August 28, 2024

In response, the network side urged mainnet validators to update and stabilize their nodes to ensure proper functioning of the network, and insisted on continued efforts to resolve the issue and ensure the safety of user assets.

The latest issue has since been patched, but the severity of the outage has raised concerns within the community.

TON’s ongoing issues have generated a variety of reactions across the community. The broader reaction has been frustration and concern about the network’s vulnerability to outages, especially given the industry’s position and rapid growth.

Echoing these sentiments, X user joshuayog1 emphasized that while there is still strong support for TON, the repeated outages are testing users’ patience and confidence.

I like TON, but if TON is already collapsing, how can it survive all the hype that comes with it? This needs to be fixed ASAP. I don’t want this to happen again…

— joshua.yog (@joshuayog1) August 28, 2024

Another user claims that it is the fastest blockchain with significant capacity, seemingly ““It’s just words.”

However, many in the community have expressed support for the criminal chain and called for sustainable solutions to prevent future recurrence.

On the other side

  • TON’s native coin, Toncoin, has remained stable despite the second service outage and is trading at $5.61 at the time of writing.
  • Arrested Telegram founder Pavel Durov was recently granted bail.
  • The DOGS Memecoin craze has died down a bit, with the token down about 29% from its all-time high.

Why this matters

This is the second outage of The Open Network (TON) in such a short period of time, raising significant concerns about the future viability of the network. The frequent outages raise doubts about its ability to handle expansion pressures, especially as it experiences rapid growth and increased activity.

Tron Blockchain founder Justin Sun praised his network despite ongoing outages. Read more here.
Justin Sun Boasts Tron’s Stability After TON Glitch

Read this article about TON’s advocacy for the release of arrested Telegram founder Pavel Durov:
TON Community Supports Telegram CEO Amid Arrest Crisis

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