High Network Load on TON ⌛
In the following hours, TON network may experience overload, which could result in longer-than-usual transaction processing times.
What's causing this? Today marks the listing of $CATI (Catizen token), which will generate tens of millions of transactions—minting and transferring tokens. Additionally, listings of other major projects
are expected soon.
Technical explanation: due to the mass minting of tokens, a large number of transactions are being created, overwhelming the mempools of weaker or improperly configured validators. They struggle to clear executed transactions from their databases before new ones flood in. Meanwhile, some validators manage to keep up thanks to stronger hardware and up-to-date configurations.
Because of these discrepancies in transaction processing, weak and strong validators are unable to reach consensus according to the algorithm, making it unsafe to create new blocks. The only correct solution in this situation is to temporarily suspend transaction processing and block creation to eliminate any chance of losing users' tokens.
TON developers have already done a lot
to optimize the load:
🔵updated the core and
called on validators to update their nodes
🔵introduced
slashing mechanisms to improve validator performance
🔵developed the revolutionary
TON Mintless Jettons to speed up transactions
🔵and urged
to pause some events on TON.
Thus, the slowdowns will be
temporary, and your wallets, tokens, and staking rewards will remain safe (this will not affect them) 👍
New records await TON ahead, so stay tuned!
🙏
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