- Reasons Behind the TON Network Glitch
- Community Response and Current Situation
- Other Significant Events in the TON Ecosystem
The TON community has taken the spotlight this week, from the detention of one of its co-founders in France to the launch of a new memecoin $DOGS. Several TON sources have reported a glitch in the blockchain that led to a near three-hour halt in block issuance.
Reasons Behind the TON Network Glitch
According to multiple reports from TON, the network stayed inactive for nearly three hours, unable to issue blocks, which halted new transactions. The unusual occurrence was traced to an overload in transaction activities on the blockchain.
Community Response and Current Situation
In an official statement, the TON network reported that due to increased activity, validators could not clean old transactions, leading to a loss of consensus. Validators were asked to restart at 4 am UTC today to reestablish network functionality. Tonscan data showed blocks being validated from 3.40 am UTC. Meanwhile, the TON token showed a mild daily increase in price.
Other Significant Events in the TON Ecosystem
According to an official post by TONK Inu, a similar situation had occurred before, indicating a speedy solution. The community attributed the overload to high transaction volumes of the $DOGS memecoin, which started trading on Monday. It has been listed on exchanges like Binance and Bybit. Additionally, Telegram co-founder Pavel Durov was detained by French police on Saturday. TONkeeper also launched a DApp browser, offering users the ability to find top applications in the TON ecosystem.
Despite recent issues, the TON network is continuously recovering, drawing the attention of the crypto community. Time will tell how these events affect the network's future operations and ecosystem.
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