TON Blockchain Back Online Following Second Outage
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
The TON blockchain network has resumed operations following its second outage in two days.
The TON Community announced the news on its Telegram channel early Thursday morning, Hong Kong time, confirming that TON-based asset withdrawals and deposits via Wallet would soon be processed.
The latest disruption, lasting over four hours, was attributed to a “heavy load caused by DOGS token minting.”
The recent outage follows a similar outage on Tuesday afternoon, U.S. time, which was resolved shortly after midnight.
Both interruptions were linked to the minting of the DOGS token, first identified by observers and later confirmed by the TON network.
Block production on TON experiencing disruption
Beginning 19:19 UTC.
Appears to be due to heavy load attributed to DOGS token minting. TON Core is working on a solution.
We will continue to update you on the situation as it evolves. User cryptoassets are not at risk.
Despite the setbacks, Toncoin, the native token of the TON protocol, saw an 8% increase in value following the news, according to CoinDesk Indices.
However, it remains below its previous levels before the arrest of Telegram CEO Pavel Durov.
Although Telegram and TON are legally separate, their close affiliation has drawn attention, particularly following Durov’s recent arrest in France.
He faces charges related to facilitating illicit transactions, child exploitation, and failing to cooperate with authorities, among other allegations.
The launch of the DOGS token triggered significant congestion on the TON blockchain, leading to an
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