TON Blockchain Failed to Produce Blocks for Over Six Hours .
On August 28, 2024, The Open Network (TON) blockchain experienced a failure, which prevented the network from processing blocks for over six hours. The problems arose amid increased user activity associated with the listing of the DOGS memecoin on major cryptocurrency exchanges.
Due to an abnormal number of transactions, the blockchain lost consensus. In this regard, the developers asked the validators to restart the equipment, which would restore the system's operation.
Later, TON representatives announced the resumption of block production and stabilization of the situation. The project team also noted that users' crypto assets were not affected.
The failure occurred amid the recent listing of the DOGS memecoin on a number of crypto exchanges, including Binance, Bybit, OKX, KuCoin, Gate.io and others. For this reason, the network experienced a significant increase in activity, which the blockchain was unable to cope with. Trading Protocol project co-founder Mikko Ohtamaa drew attention to this. According to him, the network demonstrated a much more modest throughput than the developers claimed.
