Share this article
Telegram-Linked TON Blockchain Suffers Second Outage
Once again, the DOGS token is gumming up the works.
Updated Aug 28, 2024, 8:08 p.m. Published Aug 28, 2024, 8:06 p.m.
Make us preferred on Google
The TON blockchain created by messaging app provider Telegram is suffering its second outage in as many days.
"Block production issues began at 19:19 UTC" the team behind the project told users in a message posted to Telegram and X (formerly Twitter) on Wednesday during U.S. afternoon hours. "The disruption appears to be due to heavy load attributed to DOGS token minting. TON Core is working on a solution."
STORY CONTINUES BELOW
Block production on TON experiencing disruption
— TON Status (@ToncoinStatus) August 28, 2024
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.
The team emphasized that users' assets were not at risk. They followed with an "urgent" post on X asking mainnet validators to update their nodes and restart.
According to the Tonscan block explorer, the last blocks were recorded on the chain at 12:23 Eastern time, or 16:23 UTC.
The price of the blockchain's TON token didn't really budge due to this latest outage, falling 0.99% on a four-hour basis and down 4% over 24 hours at the time of writing, according to CoinDesk data.
"As long I can finally withdraw my dogs 😅😅 - I can wait," one user wrote in a reply to the team's Telegram message.
The previous outage occurred during Asia trading hours Wednesday and lasted about six hours. It, too, had little lasting effect on the TON price, which had already taken a hit several days earlier when Pavel Durov, Telegram's founder and CEO, was arrested in France.
That earlier downtime was also partially blamed on the popularity of the DOGS airdrop, part of the Ton Foundation's effort to raise awareness of what it believes is the unjust arrest of Durov.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Bitcoin's Quantum threat is ‘real but distant,’ says Wall Street analyst as doomsday debate rages on
Wall Street broker Benchmark argued the crypto network has ample time to evolve as quantum risks shift from theory to risk management.
What to know:
- Broker Benchmark said Bitcoin’s main vulnerability lies in exposed public keys, not the protocol itself.
- Coinbase’s new Quantum Advisory Council marks a shift from theoretical concern to institutional response.
- Bitcoin’s architecture is conservative but adaptable, according to Benchmark analyst Mark Palmer, with a long runway for upgrades.
