• 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

Large Wallet Activity and Exchange Supply Drop

chest

Wallets holding between 10,000 and 100,000 ETH now control over 21 million tokens, indicating increased accumulation. Addresses with over 100,000 ETH have increased their holdings, while tokens on exchanges are decreasing. This trend may indicate a bullish sentiment among large investors ahead of the next rally.

user avatarKofi Adjeman

Ethereum Surges Above Key Support Level

chest

Ethereum has bounced back from a critical support level, trading above $3,000 after recovering from the $2,600-$2,700 zone. ETH has increased by 4% in the past 24 hours, breaking above its RSI downtrend for the first time since October.

user avatarTando Nkube

IPO Genie Demonstrates Stable Growth and Clear Bonus Structure

chest

IPO Genie showcases a stable growth pattern and a transparent crypto bonus model.

user avatarDiego Alvarez

Sui Introduces Innovative Parallel Processing for Speed

chest

Sui is making waves in the blockchain community with its innovative parallel processing architecture, which significantly enhances transaction speed and responsiveness.

user avatarNguyen Van Long

Cardano's Methodical Approach Attracts Developers

chest

Cardano's methodical approach attracts developers by prioritizing stability and security through peer-reviewed research and rigorous testing.

user avatarSatoshi Nakamura

Mutuum Finance Introduces Innovative Dual Lending Framework

chest

Mutuum Finance's dual-layered lending framework combines P2C and P2P markets for enhanced efficiency and accessibility.

user avatarRajesh Kumar

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.