How The Project Will Solve The Problem

The TON community has slowed down considerably following a surge in exercise that some attribute to the launch of processes generally known as “inscriptions.” The TON Basis has printed a “Technical Incident Report”.

TON20’s “inscription” function, just like BRC20, brought on the blockchain to generate greater than 2 million transactions in half an hour, and community utilization elevated 61 occasions. Because of this, the TON community was severely overloaded, and the verification was delayed, as @WuBlockchain described the issue on their X (Twitter). In line with TonStat, an internet site that gives information on TON, there have been about 2 million transactions as of December fifth and one other 800 thousand transactions as of December sixth. It is a vital improve from roughly 266 thousand transactions on December 4th.

Beforehand, TON has made claims that it has set a “world TPS document” and can be capable of course of hundreds of thousands of transactions per second. Nevertheless, the present blockchain scenario doesn’t match these claims, whereas the TON Basis blames the validators, claiming that they’re “working on weak {hardware}.” In response to the issue, the TON Basis has launched a brand new model of the software program that focuses on rising timeouts and managing massive queues.

Controversy might be brewing across the community as TON believes it may well persuade validators to change to new {hardware} if they modify the “system of decentralized penalties for validators who do their job poorly or incorrectly.” Such a call could discourage validators from working with the community.