Most of your events can be optimized...
Anyway, from the manual
Start timer
Set a new timer, or if the timer exists, re-start it with new options
So what's the point of using regular if you are starting the timer again after :
On Timer "blink"
Solution :
Switch the timer "blink" to "Once" instead of "Regular" everywhere.
Also, the issue might be coming from line 281 where you are restarting the timer every random(0.3, 0.8) seconds, while the timer duration itself is around 1–2 seconds. So the timer never reaches its trigger condition.
Remove the action -> Start timer "blink", at that line