TON gains increased institutional investments despite suffering several brief outages
The post TON gains increased institutional investments despite suffering several brief outages appeared on BitcoinEthereumNews.com. The Open Network (TON), a layer-1 blockchain closely integrated with Telegram and serving as the foundation for its mini-app ecosystem, has restored full functionality after a brief outage on June 1 that temporarily halted block production. The TON developers team has guaranteed users that the outage did not impact any funds and that transactions made while the system was down were safe from loss. TON recovers its functionality after suffering a brief outage Blockchain network outages are usually common in high-throughput, high-speed blockchains because of the chains’ high technical complexity. As blockchain networks grow more complex, brief outages may become increasingly common, potentially hindering broader consumer adoption of cryptocurrencies and undermining public trust in the technology. Following the recent brief outage, the developers’ team reported the problem at 12:51:00 UTC and managed to restore network functionality about 40 minutes after they discovered the outage. In an update, the TON developers said they released a quick fix and updated just a few master chain validators, allowing the blockchain to start block production again. According to the team, the issue was caused by a mistake in handling the masterchain dispatch queue. The team also revealed that a full technical report will be published soon to address exactly what caused the issue. Blockchain users have revealed their growing worries as quick-growing blockchain networks processing significant amounts of data experience brief outages frequently. In this instance, TON’s flash reaction helped minimize the damage. As Telegram depends more on TON for its cryptocurrency plans, the network will face greater pressure to remain stable. Everything is back to normal, but concerns about its long-term reliability are expected to arise. TON gains increased institutional investments despite suffering several brief outages Notably, this is not the first brief outage incident. In August 2024, TON suffered several brief outages…
The post TON gains increased institutional investments despite suffering several brief outages appeared on BitcoinEthereumNews.com.
The Open Network (TON), a layer-1 blockchain closely integrated with Telegram and serving as the foundation for its mini-app ecosystem, has restored full functionality after a brief outage on June 1 that temporarily halted block production. The TON developers team has guaranteed users that the outage did not impact any funds and that transactions made while the system was down were safe from loss. TON recovers its functionality after suffering a brief outage Blockchain network outages are usually common in high-throughput, high-speed blockchains because of the chains’ high technical complexity. As blockchain networks grow more complex, brief outages may become increasingly common, potentially hindering broader consumer adoption of cryptocurrencies and undermining public trust in the technology. Following the recent brief outage, the developers’ team reported the problem at 12:51:00 UTC and managed to restore network functionality about 40 minutes after they discovered the outage. In an update, the TON developers said they released a quick fix and updated just a few master chain validators, allowing the blockchain to start block production again. According to the team, the issue was caused by a mistake in handling the masterchain dispatch queue. The team also revealed that a full technical report will be published soon to address exactly what caused the issue. Blockchain users have revealed their growing worries as quick-growing blockchain networks processing significant amounts of data experience brief outages frequently. In this instance, TON’s flash reaction helped minimize the damage. As Telegram depends more on TON for its cryptocurrency plans, the network will face greater pressure to remain stable. Everything is back to normal, but concerns about its long-term reliability are expected to arise. TON gains increased institutional investments despite suffering several brief outages Notably, this is not the first brief outage incident. In August 2024, TON suffered several brief outages…
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