Telegram-backed The Open Network (TON) experienced a significant interruption on Aug. 28, as block production halted due to an overload caused by the new memecoin, DOGS.
According to data from TON Explorer, no new blocks were created for nearly seven hours, with block 39987437 being the last one mined before the outage. Fortunately, block production has since resumed.
TON is now producing blocks normally! We are back online.
The TON-based memecoin platform, Tonk Inu, first identified the issue, noting that the launch of DOGS resulted in high traffic volumes, which likely led to the outage.
The official TON blockchain account acknowledged the problem, citing an “abnormal load” and highlighting that approximately 20 million transactions had been processed on the network over the past 48 hours.
Several validators are unable to clean the database of old transactions, which has led to losing the consensus.
Due to the increased load, TON validator nodes reportedly lost consensus. TON Core, the networkβs development team, urged validators to restart their nodes at 4:00 AM UTC to reset the processes, clear the backlog, and restore synchronization.
Meanwhile, the TON team has assured the community that all assets remain safe and pending transactions will be processed. Prominent cryptocurrency exchanges like Binance, Bybit, and OKX suspended transactions to and from the TON blockchain following the outage.
Due to ongoing technical difficulties on TON blockchain, we have temporarily suspended TON-related deposits and withdrawals. Please note the possibility of heightened volatility and trade responsibly. Rest assured, your funds remain secure and unaffected.
Although it hasnβt been officially confirmed whether the hype around DOGS caused the outage, TON community member Justin attributed the issue to the new memecoin.
Network overload due to DOGS transactions overload. Garbage collection overloaded many validators for enough time for them to lose consensus. To restore consensus, validators will be called upon to restart at 4:00 UTC with specific flags.
DOGS was launched on Aug. 26 and amassed over $1.7 billion in trading volume within the first ten hours. Blockchain explorer Tonscan noted that the memecoin generated significant traffic, resulting in some central services being temporarily suspended.
DOGS launch on TON is causing quite a lot of traffic, with a few central services taking a little break! We’re up though! Check out the big DOGS holders here.
The launch of DOGS also disrupted multiple crypto exchanges and caused an overload for the Telegram Wallet.
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