Outside Source
- TON blockchain has hit another network downtime, less than 24 hours after an extended halt.
- According to TON, congestion related to DOGS airdrop is the main reason.
The Open Network (TON) blockchain has experienced another halt in block production. Reports of the outage come less than 24 hours after TON returned online following more than six hours of downtime.
On Wednesday, the TON blockchain announced the network overload had resolved and that the Telegram-linked blockchain was “back online.” However, the network stopped processing transactions, with the platform providing an update to this effect.
“Block production on TON experiencing disruption beginning 19:19 UTC,” TON wrote on X. “Appears to be due to heavy load attributed to DOGS token minting. TON Core is working on a solution.”
According to the update, user assets were “not at risk”.
Block production on TON experiencing further disruption
Block production issues began at 19:19 UTC. The disruption appears to be due to heavy load attributed to DOGS token minting. TON Core is working on a solution.
We will continue to update you on the situation as it evolves.…
— TON 💎 (@ton_blockchain) August 28, 2024
TON network outage amid Telegram CEO’s arrest
TON also attributed Tuesday’s downtime to the congestion that hit the network following the DOGS airdrop. Various top exchanges supported the airdrop, with Binance and Bybit among those to delay distribution amid TON network issues.
A spike in activity also happened as Telegram CEO Pavel Durov faced several charges related to the messaging app. Durov was arrested in France late Saturday and remained in police custody for 96 hours. Police released him from custody and took him to court for his case’s mention on August 28.
The events around TON network outages and Durov’s arrest have seen the Toncoin (TON) token plummet.
After a brief recovery to above $5.75, the TON token is back below $5.50. Despite paring some of the losses seen since Saturday, Toncoin price remains 18% down in the past week.
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
