#TON
TON struck by outage, no new blocks produced in 3 hours
The Open Network (TON) has stopped validating new transactions and hasn’t produced a new block in more than three hours.
In an Aug. 28 X post, the TON-based community platform Tonk Inu said that the TON network had been experiencing an ongoing outage and pinned the blame on a frenzy of market hype over a newly launched Dogs (DOGS) memecoin.
At the time of writing on Aug. 28 at 2:18 am UTC, the last transactions on TON were approved more than three hours ago in block 45341899, with the network failing to produce any new blocks since then, according to TON network tracker Tonscan.
Citing network instability, crypto exchange Bybit said it had suspended all deposits and withdrawals to TON until the network had been restored to normal.
In an Aug. 28 X post, TON Foundation member Justin said the outage was the result of a “network overload” due to the high number of DOGS transactions. He also noted that TON validators had become overloaded, causing them to lose consensus.