A block is a data structure containing an ordered group of transactions, a reference to the previous block, and validator signatures. A linked chain of blocks is, by definition, a "blockchain."
On TON, blocks are produced by each shardchain independently; the masterchain aggregates them through cross-references.
The unique identifier of an account or contract on a blockchain.
Abstract Datagram Network Layer — TON's low-level peer-to-peer protocol.
Automated Market Maker — algorithmic pricing through a liquidity pool.
Bag of Cells — the binary serialization format for structured data and smart contracts in TON.
Centralized exchange — custodial exchange (Binance, OKX, Bybit).
Decentralized Autonomous Organization — on-chain governance via token-holder voting.
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