Here’s Why TON Suffered a 7-Hour Outage

• The Open Network (TON) recently experienced a prolonged operational disruption.
• TON has cited reasons for the disruption.
• An update has been provided regarding the restoration of operations.

Over the past months, The Open Network (TON) has seen a significant increase in activity. The consistent trend of token launches has brought unprecedented traffic to the network, resulting in significant growth across the ecosystem.

However, the surge in operations has not come without its challenges, exposing underlying vulnerabilities within the network’s infrastructure. 

TON Hit by Major Outage

The increasing congestion on TON has recently culminated in a significant outage. On Tuesday, August 27, 2024, around 11 AM UTC, the network suffered an abrupt disruption, which halted block production for nearly seven hours.

Triggered by an abnormal load on the network, the disruption was primarily associated with the recently launched DOGS memecoin frenzy . TON addressed the outage in a statement , explaining that the sudden surge in transactions caused a breakdown in consensus among validators, which struggled to clean up old transactions from their databases.

The overwhelming transaction volume brought the entire network to a standstill, causing exchanges including Binance and Bybit to temporarily suspend deposits and withdrawals involving the network.

Additionally, TON’s native token Toncoin suffered a downward pressure in the wake of the incident, extending the decline it commenced earlier in the week to approximately 20%. However, a subsequent patch has helped restore operations.

TON Back Online

Around 6:30 UTC on August 28, 2024, TON confirmed the resumption of operations on the network on social media platform X.

“TON is now producing blocks normally! We are back online,” the statement read. 

The resumption followed the network’s call to validators for a collective restart, allowing consensus to be reestablished. The network also previously noted that all transactions would be complete, guaranteeing that no assets would be lost due to the issue.

In response to the resumption of services, Toncoin has recorded an uptick in price, trading at $5.50 at press time.

On the Flipside

• Several community members have criticized TON’s outage as a significant flaw in the network’s infrastructure.
• At press time, the DOGS memecoin is trading at $0.0015, up approximately 30.5% in the last 24 hours.
• The TON Society recently voiced support for the arrested Telegram founder Pavel Durov.

Why This Matters

Outages on blockchain networks are not uncommon, even despite the expectation that they handle large volumes of transactions without interruption. However, the extended duration of TON’s outage raises serious concerns about its ability to handle its growing congestion. 

Read this article to better understand the buzz surrounding the DOGS memecoin launch:
DOGS Trader Bags 420% Gains Before Binance Listing

BlackRock is leading the Bitcoin ETF inflow trend, read here for more details:
BlackRock Dominates Bitcoin ETFs Inflow Streak with Record $224M