TON Blockchain Suffers Second Outage in 2 Days Due to DOGS Token Minting

The TON Blockchain Experiences Second Outage in Two Days Due to DOGS Token Minting

The TON blockchain, created by Telegram, has faced its second outage in two days due to the overwhelming minting of DOGS tokens, resulting in significant damage to the network. The team has been transparent about the issue, assuring users that their assets are safe and working tirelessly to resolve the problem.

The outage, caused by an unprecedented amount of work in the last 24 hours, has led to an intermittent shutdown of the network. To address the issue, mainnet validators have been asked to refresh their nodes and restart them. The TON team is committed to maintaining network stability, ensuring that users’ assets are not at risk.

The DOGS token minting has caused significant stress on the TON blockchain infrastructure, leading to the outage. However, the team has been open and communicative about the issue, keeping users informed about the progress of the resolution.

According to data, the last blocks were recorded on the chain at 12:23 Eastern time, or 16:23 UTC, before the network came to a stop. The resulting outage has had repercussions for the TED token price, which has decreased by 0.99% on an hourly basis and by 4% in the past 24 hours.

This price decrease highlights the importance of network stability in the crypto space, demonstrating that even minor outages can have a significant impact on token prices. As blockchain technology becomes more prevalent, it is crucial for projects to establish a strong and flexible infrastructure to cater to the growing demand.

The TON blockchain is still relatively new in the space, and teething issues are to be expected as networks grow. However, the project team must work harder to improve its network’s resilience in high-load situations.

To learn more about the importance of infrastructure and scalability in blockchain technology, check out this informative article on CoinSeeks.com: The Importance of Infrastructure and Scalability in Blockchain Technology

As the crypto world keeps a close eye on the TON project, users can take comfort in the fact that their assets are not affected by the disruption. The project team must establish a dependable and easily scalable infrastructure to support its growth and maintain user trust.