The Open Network (TON) experienced its second outage in two days Wednesday, raising concerns about its stability amidst heavy transaction loads. The blockchain, which is closely linked to Telegram, has been struggling to cope with the overwhelming demand generated by the DOGS memecoin.
According to reports, the latest outage occurred on Wednesday evening, with TON developers attributing the disruption to the “heavy load” caused by DOGS memecoin minting. This incident follows a similar outage on Tuesday, where the network was down for over six hours, also due to an influx of transactions from DOGS memecoin activity.
According to a post by TON on X, the block production issues began at 19:19 UTC on Wednesday. The developers quickly identified the cause as the massive number of transactions related to DOGS token minting, which has been overwhelming the network. TON developers took immediate action, calling on mainnet validators to update and restart their nodes to address the issue. By 1:30 a.m. UTC, the TON Community channel on Telegram confirmed that the network was back online.
The repeated outages have highlighted the strain that the DOGS memecoin is placing on the TON blockchain. The memecoin has gained significant attention in the crypto community, particularly after its recent airdrop event. DOGS developers have ambitious plans to integrate the token into the broader Telegram ecosystem, which has only increased demand. During the airdrop event, it was announced that 81.5% of the fixed supply of 550 billion tokens would be distributed to community members. This has resulted in a massive surge in transactions on the TON network, contributing to the recent outages.
As the TON blockchain struggles to maintain stability under the weight of these transactions, questions are being raised about the network’s ability to handle such heavy loads in the future. The growing popularity of DOGS memecoin and the significant transaction volumes it generates could pose ongoing challenges for TON unless the network’s infrastructure is strengthened.
In a related development, Telegram founder and CEO Pavel Durov was indicted by a French court on Wednesday following his release from police custody. Durov’s arrest was part of an investigation into allegations that Telegram’s cryptography tools and services were being used to facilitate money laundering, child pornography, and drug trafficking. While this legal issue is separate from the technical challenges facing the TON blockchain, it adds to the growing scrutiny around Telegram and its associated projects.
The recent outages on the TON blockchain show the complexities and challenges of managing a network under high transaction loads. As DOGS memecoin continues to attract attention and drive up transaction volumes, the TON network will need to find ways to adapt and scale to avoid further disruptions. The success of NFT sales and other blockchain-based activities on TON will depend heavily on the network’s ability to maintain stability and handle large-scale operations effectively.
The TON blockchain’s recent outages serve as a reminder of the challenges that can arise from sudden surges in transaction activity. The ongoing popularity of DOGS memecoin and its impact on the network highlights the need for robust infrastructure to support growing demand. As the TON network continues to evolve, its ability to manage heavy loads and maintain smooth operations will be crucial to its success, particularly in the context of NFT sales and other emerging blockchain use cases.
Meanwhile, the native token of the TON blockchain, Toncoin, has seen a slight uptick despite the recent network issues. Over the past 24 hours, Toncoin has risen by 4.64%, trading at $5.59 according to data from The Block’s Toncoin price page. This increase comes amid broader discussions within the crypto community about the resilience and future potential of the TON network.
For more updates and news on the cryptocurrency market, stay tuned to DeyThere.
