TON Blockchain Stalls As DOGS Airdrop Overwhelms Network

Hype across the DOGS airdrop appears to have been an excessive amount of for the TON blockchain after the community stopped processing new blocks for greater than 7 hours, prompting neighborhood members to query the community’s true transactions per second (TPS) charge.

The outage was the results of a “community overload” because of the excessive variety of DOGS transactions, TRON Basis member Justin mentioned in an Aug. 28 X publish. He added that the validators on the community turned overwhelmed, inflicting them to lose consensus. Validators had been subsequently referred to as upon to restart at 4:00 UTC to revive consensus.

TON Blockchain Stalled Under Its Theoretical TPS

Though transaction processing has resumed on the TON blockchain, neighborhood members are questioning why an outage was triggered with a transaction depend far under TON’s claimed theoretical TPS charge of 55,000 transactions.

Appears like @ton_blockchain failed stress check, as infrastructure crashes in DOGS airdrop.

Solely max of 280 TPS (transactions per second) reached. That is far lower than earlier claimed theoretical 55,000 TPS. https://t.co/GrXb8OQWZo pic.twitter.com/mMTELqRnMM

— Mikko Ohtamaa (@moo9000) August 26, 2024

Mikko Ohtamaa mentioned in an Aug. 28 X publish that the TON blockchain “failed” its stress check. He identified that the community crashed when it reached 280 TPS. This, in keeping with Ohtamaa, is “far much less” than the 55,000 TPS the chain’s growth crew claimed the community might deal with.

DOGS Makes Its Means Into Prime 100 Record After Main CEX Listings

The DOGS meme coin was launched on the TON blockchain on Aug. 27, and really rapidly scored listings on main centralized exchanges together with Binance and OKX. Throughout its first day of buying and selling, the meme coin was capable of break into the highest 100 cryptos checklist. It’s presently ranked because the 91st largest crypto when it comes to market cap, with a complete valuation of greater than $630 million.

DOGS within the high 100 cryptos checklist (Supply: CoinMarketCap)

Regardless of a greater than 4% drop in value all through the previous 24 hours, the meme coin continues to be ranked above eCash (XEC) and under Klaytn (KLAY) when it comes to market cap.

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