TON Blockchain Online Again After Cryptocurrency Production Disruption
TON Blockchain Production Disruption Explained
The Open Network (TON), the Telegram-linked blockchain, faced significant disruption during the early hours of Wednesday when it went offline. This incident led to exchanges like Bybit and Binance pausing deposits and withdrawals, creating a ripple effect in the cryptocurrency market.
Details Behind the Outage
- The TON blockchain stopped creating new blocks, causing a backlog in transactions.
- Observers indicated it took nearly six hours for the system to be restored.
High trading volumes surrounding the newly launched Dogs Coin, part of a game on Telegram's Mini Apps marketplace, are believed to have triggered this production disruption. Following its listing on major exchanges such as Binance, the Dogs Coin experienced heavy trading activity, leading to over 20 million transactions in just two days.
Recovery Efforts
- Validators had to restart simultaneously, ensuring appropriate configurations were set during consensus.
- In response to the incident, Binance and Bybit suspended transactions related to the TON blockchain for safety.
Now, users can once again rely on the TON blockchain for their transactions as production has resumed.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.