$TON network facing second network outage, now people comparing it with Solana
The TON blockchain community is under huge pressure because the TON blockchain network is again facing a network outage. Following this news, the trading price of the TON coin is struggling badly.
$TON blockchain is a popular Proof-of-Stake (PoS) crypto network. Adoption of this crypto network surged rapidly following its launch in the Telegram ecosystem. The TON community deployed almost every kind of crypto service for Telegram users via Telegram bots, attracting a huge user base from Telegram.
On 28 Aug 2024, the TON community reported that the Solana network stopped producing blocks again due to high network load, as crypto users transferred DOGS tokens.
However, within a couple of hours, the network started working perfectly again, demonstrating the responsiveness of the TON blockchain community leadership.
As we previously reported, the TON network stopped producing blocks, meaning transactions were halted for the same reason.
Solana network outage & TON blockchain
Following this news of the network outage associated with the TON blockchain, many people referred to the TON blockchain as another Solana blockchain rival in terms of blockchain coding bugs.
The Solana network is mainly known for its highly scalable blockchain network, which can hypothetically process 70,000 transactions per second, only 15,000 tps more than the TON blockchain’s scalability.
The first time the Solana network faced an outage was in September 2021, and it later experienced multiple outages. In some cases, the outages lasted for more than 48 hours. These network outages raised significant concerns over the fund safety of Solana network users, which ultimately led to a decline in the trading price of the SOL coin.
