The TON blockchain has been disrupted by token transactions similar to Bitcoin Ordinals.
🌐The “most scalable blockchain ever” has seen a spike in activity, causing its network to lag in settlements.
🌐Transactions per second (TPS) speed on the Open Network (TON) has declined as blockchain technology declines amid increased usage resulting from increased TON20 transactions starting December 5. TON20 is a token standard inspired by the Bitcoin Ordinals protocols and launched by the Tonano team.
🌐According to the developers, TON was unable to handle the load due to suboptimal hardware used by some major network validators. TPS on TON crashed from 100,000 to less than one, according to dTON.io data.
🌐These auditors rented machines for low load with no requirement for overload. Since the network had been operating at low load during the previous months, this was not an issue. Once the load increased by 50-100 times in 30 minutes, these validators started slowing down the entire network along with them.
