• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
A huge number of unconfirmed transactions are stuck in the TON network

A huge number of unconfirmed transactions are stuck in the TON network

user avatar

by Alexandra Smirnova

2 years ago


The The Open Network (TON) faced a significant reduction in bandwidth, leading to a backlog of approximately 2.5 million unconfirmed transactions. This phenomenon was the result of a sharp increase in activity associated with the implementation of a service similar to the Ordinals protocol.

Main Causes of the Problems

The problems began on December 5, when the transaction processing speed in the TON network dropped to one transaction per second. This occurred after the launch of the new Tonano service, using BRC-20 standard tokens, derivatives of the Ordinals protocol. Due to the unexpected increase in load caused by this service, validator nodes, operating on insufficiently powerful equipment, could not cope with the increased load, leading to the need to reboot the network. As a result of this situation, a number of cryptocurrency wallets, including TON Wallet and Tonkeeper, temporarily ceased operation.

Impact on Other Networks

The bandwidth issue was not limited to the TON network alone. BRC-20 tokens used in the Tonano service also caused an overload in the Bitcoin network, increasing the number of unspent transactions (UTXO) from 87 million to 140 million. This led to an increase in the average cost of transactions to $14-$16, highlighting the interconnection and dependence of different blockchains on each other.

Conclusion

The situation in the TON network and its impact on other cryptocurrency networks underscores the importance of blockchain infrastructure reliability and the need to be prepared for a sharp increase in load. TON developers are actively working to solve the problem to ensure the stability and safety of the network for users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

K Bank Partners with Ripple for Blockchain Remittance Testing

chest

K Bank has entered a strategic partnership with Ripple to explore blockchain-based overseas remittances.

user avatarMiguel Rodriguez

Market Expert Analyzes XRP's Potential Rally

chest

Market expert Sam Daodu analyzes the critical factors for XRP's potential rally towards $10, emphasizing the need for regulatory clarity and institutional investment.

user avatarLuis Flores

Divergence Between SP500 and Crypto Market Raises Concerns

chest

The report by Will Taylor from The Weekly Insight notes a significant breakdown in correlation between the SP500 and total crypto market capitalization over the last 161 days, raising concerns about potential market shifts.

user avatarArif Mukhtar

Ethereum Surpasses 2,300 Amid Record Active Addresses

chest

Ethereum's price has climbed back above 2,300, with a notable increase in active addresses reaching an all-time high.

user avatarMaria Gutierrez

Rising Channel Pattern Emerges for Bitcoin

chest

A key Rising Channel pattern has formed on the Bitcoin 4-hour chart, indicating a potential uptrend.

user avatarAndrew Smith

Reflecting on 15 Years of Bitcoin Since Satoshi Nakamoto's Introduction

chest

Reflecting on the legacy of Bitcoin's creator, Satoshi Nakamoto, as the 15th anniversary approaches, highlighting the importance of his untouchable holdings and the need to carry forward his vision within the community.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.