As a seasoned analyst with years of experience in the cryptocurrency market, I have seen my fair share of blockchain outages and their varying impacts on token prices. The recent series of outages affecting the TON blockchain, created by Telegram, is an interesting case study, to say the least.
In the past two days, the TON blockchain developed by the company behind Telegram Messenger has experienced two separate interruptions or downtimes.
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.
Based on information from the Tonscan block explorer, the most recent blocks were added to the chain at 12:23 PM EST (which is equivalent to 16:23 PM UTC).
The earlier outage could partly be attributed to the high demand generated by the DOGS airdrop, an initiative by the Ton Foundation aimed at increasing public attention towards the controversial arrest of Durov they believe is unfair.
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2024-08-28 23:18