Home » Ecosystem » TON resumes block production put up-outage
Aug. 28, 2024
The DOGS memecoin airdrop is believed to web contributed to the surge in transactions that overloaded the community.
Key Takeaways
- TON blockchain skilled a pause in transactions as a result of an overload caused by the DOGS memecoin airdrop.
- Validators are urged to restart nodes to reestablish consensus on the TON community.
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The Originate Community (TON) is support online after a six-hour outage that started at around 10:11 p.m. UTC on Tuesday, TON talked about in a put up on X.
TON is now producing blocks infrequently!
We are support online. https://t.co/iXM6kF464T pic.twitter.com/FQ6eOt9fok
— TON 💎 (@ton_blockchain) August 28, 2024
Basically based totally on data from Tonscan, the TON blockchain skilled an outage, halting transaction processing for six hours. The outage change into caused by an irregular load on the community, ensuing in database cleansing concerns for several validators. In consequence, the community misplaced consensus, and block production ceased.
In efforts to restart the community, TON called on validators to restart their nodes with affirm flags to reestablish consensus. The disruption led Binance and Bybit to briefly slump deposits and withdrawals linked to the community.
Basically based totally on Justin, who claims to be a strategic advertising consultant to the TON Society, the outage change into essentially attributed to the DOGS memecoin airdrop. The DOGS frenzy overwhelmed the community with excessive transaction quantity, ensuing in consensus loss, he explained.
The community’s native token, Toncoin, which saw around 18% drop over the weekend following the arrest of Telegram’s CEO, prolonged its correction after the outage. The fee of Toncoin hit a low of $5.11 for the period of the incident and is within the mean time shopping and selling at $5.34, down 20% over the final week, CoinMarketCap’s data presentations.
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