The TON blockchain hasn’t produced a new block in over three hours. This downtime might have been a result of a new memecoin called DOGS crashing the network.
TONcoin (TON), the native token of the TON blockchain, is down 5% late Wednesday, after the protocol failed to produce a block within the last three hours, according to on-chain data.
A blockchain not producing blocks for an extended period of time is concerning because it disrupts network stability, potentially leading to security risks and transaction delays. These crashes are uncommon with blockchains, but do occur during times of high network activity.
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