By Mark Hunter
4 days agoFri Dec 08 2023 09:06:12
Checking out Time: 2 minutes
- The Open Network blockchain (TON) experienced considerable deal hold-ups today due to increased activity from a Bitcoin Ordinals-inspired procedure
- By Thursday, over 2.5 million pending deals were tape-recorded, triggering the blockchain’s speed to dip listed below one deal per 2nd
- Engravings have actually triggered concerns on other blockchains, consisting of Bitcoin and Polygon
The Open Network blockchain (TON) is experiencing considerable deal hold-ups due to increased activity from a procedure influenced by Bitcoin Ordinals. Beginning on Tuesday, the blockage saw over 2.5 million pending deals tape-recorded by Thursday afternoon, triggering the blockchain’s speed to drop to less than one deal per second. The blockage led popular TON cryptocurrency wallets, such as Wallet and Tonkeeper, to briefly suspend services.
Tonano Launch Behind Lagging Transactions?
The problems appear to connect to the launch of Tonano, a service for developing blockchain engravings based upon Bitcoin Ordinals, utilizing the TON20 token requirement. The serious blockage arised from validator nodes working on inadequate hardware, leased for low loads without any arrangement for increased need.