Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
TON blockchain slows to a halt as Ordinals activity surges

TON blockchain slows to a halt as Ordinals activity surges

CointimeCointime2023/12/07 22:15
By:Cointime

Based on messages from TON developers and users on Telegram, as the Ordinals-inspired protocol activity surges, the processing speed of the TON blockchain has slowed down. According to data from the dTON robot monitoring the status of the blockchain, as of early Friday morning, there were over 2.5 million transactions waiting to be processed, and the speed of the TON blockchain has dropped to less than one transaction per second.

It is reported that in the "public pressure test" in early November, the highest speed of TON was about 100,000 TPS. According to a technical report anonymously published on the Telegraph blog platform, the congestion was attributed to "validator nodes running on weaker hardware."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Giant Company Announces It Will Convert Some of Its Treasury Assets into These Three Cryptocurrencies

A technology company has announced that it will convert a significant portion of its cash reserves into cryptocurrencies.

Bitcoinsistemi2024/12/20 17:11

Japanese Investment Company Metaplanet Does Not Listen to the Drop! Raised $60 Million to Buy Bitcoin! Here Are the Details

Japanese investment firm Metaplanet raised 9.5 billion yen through two bond issues this week to accelerate its Bitcoin buying strategy.

Bitcoinsistemi2024/12/20 17:11

Famous CEO Announced: "Trump Invests Heavily in These Two Surprise Altcoins Apart from Bitcoin, ETF Approval May Come!"

Mark Yusko said that Donald Trump has invested heavily in Bitcoin, HBAR, and XRP.

Bitcoinsistemi2024/12/20 17:11

Santiment: "Whales Bought These 10 Altcoins While Bitcoin (BTC) Was Falling!"

Santiment noted that some altcoins are experiencing massive whale transfers, which are indicative of potential dips.

Bitcoinsistemi2024/12/20 17:00