The Current State of TON
Telegram’s blockchain network, TON, is currently facing a significant challenge in terms of transaction processing speed. Initially designed to handle 100,000 transactions per second (TPS), TON is now operating at a much lower speed of 1 TPS. This drastic drop has sparked discussions within the blockchain community regarding the scalability of TON.
TON blockchain was taken down by a transaction peak.
Ton is currently doing 1 TPS, falling short of the 100k TPS “the most scalable blockchain ever.” pic.twitter.com/3uGno1u4Pj
— Mikko Ohtamaa (@moo9000) December 7, 2023
This sudden decrease in transaction processing speed has raised concerns about the underlying factors contributing to this issue. While TON was built with scalability in mind, it appears that the recent surge in transactions may have exposed certain bottlenecks or limitations in its infrastructure.
In response to these challenges, the developers of TON have identified that the problem was caused by the launch of Bitcoin’s Ordinals type of inscription use case in the blockchain.
TON Blockchain experienced an incredible spike in network activity caused by the launch of the BRC20 Bitcoin Ordinals type of inscription use-case. It resulted in slowdown of the network.
The teams are working on fixing the problem.More details: https://t.co/fwb58fEAWH
— andrew.ton (@rogozov) December 7, 2023
Conclusion
Although TON has faced a temporary setback in its quest to become the most scalable blockchain, this incident highlights the challenges that come with pushing the boundaries of technology.
As developers continue to work on improving TON’s scalability, the blockchain community remains engaged, recognizing that overcoming obstacles is an essential part of building the next generation of decentralized and scalable networks.
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