
TON blockchain stalls after Ordinals analogue launch.
The throughput of The Open Network (TON) slowed to one transaction per second due to a fault triggered by the popularity of the Ordinals analogue.
According to messages from TON developers and users in the Telegram chat, the problems began on December 5. The blockchain congestion was so severe that popular crypto wallets TON Wallet and Tonkeeper temporarily halted operations.
By December 7, more than 2.5 million unconfirmed transactions were stuck in the pool.
The outage followed the launch of the inscriptions service Tonano, which uses the TON-20 standard. After a few days of subpar performance, the service also suspended operations.
In an anonymous report it said that the cause of the overload was \”validator nodes operating on underpowered hardware\”.
\”These validators rented equipment for low-load usage without accounting for growth. Since in previous months the network operated at low intensity, it was not a problem. As the load increased 50-100 times within 30 minutes, these validators began to slow the entire blockchain,\” the statement said.
On October 31, TON set a world record, achieving 104,715 transactions per second. According to developers, the network is potentially capable of processing millions of operations with a sufficient number of validators.
In November, the operator Web3-games Animoca Brands announced strategic investments in the blockchain, becoming the largest validator in the network.
Subsequently, the venture arm of KuCoin cryptocurrency exchange and TON Foundation agreed to collaborate. The first party will provide an undisclosed amount in the form of a grant.
Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!