USDT Becomes the Second Largest Chain | Justin Sun Explains the Two-Hour Blockage on the Tron Network

On the morning of November 2nd, the Tron blockchain experienced a two-hour block production halt, which was later resolved and resumed normal operation.

Founder of Tron, Justin Sun, explained the incident yesterday afternoon, stating that during the upgrade to Tron 4.1, the mainnet was maliciously attacked at 6:14 in the morning of November 2nd.

Super Nodes Decide to Halt Block Production

Justin Sun stated that the attack occurred due to the exploitation of permissions granted to developers. Hackers initiated malicious transactions, causing the super representatives, the main nodes of the Tron network, to decide to temporarily halt block production. He mentioned that the hackers aimed to profit from the block production halt, but with the collaboration of the Tron community and super representatives, the issue was quickly identified and resolved.

No Financial Losses

Justin Sun stated that Tron resumed normal block production after 8:29 AM on the same day and was completely back to normal by 9:40 AM. He emphasized that all on-chain data was preserved intact, and user assets remained secure. Finally, Justin Sun boasted that despite the attack, Tron remained decentralized and reliable.

Second Largest USDT Blockchain

Although Tron has not seen the emergence of highly acclaimed decentralized applications in recent years, it has become a popular trading network for USDT amid high transaction fees on Ethereum due to DeFi. Many exchanges offer relatively low fees or even fee-less transfers for Tron-based USDT, coupled with faster transaction speeds, which has garnered attention and positioned it as the second largest USDT network.