Glossary

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.

A group of transactions finalized by validators and chained to the previous block.

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.

Decentralized Finance — financial services (exchanges, loans, derivatives) without intermediaries.

Decentralized exchange — token swaps via smart contracts, no intermediary.

The guarantee that a transaction cannot be reverted.

The cost of computation and storage paid by the transaction sender.

A one-way function that maps data of any size into a fixed-length code.

The fungible token standard on TON (the equivalent of ERC-20 on Ethereum).

The production network of a blockchain with real assets.

TON's coordinating chain: stores network config and finalizes all workchains.

A delegator who stakes TON via a nominator pool without running a validator node.

The secret key that signs transactions; whoever holds it owns the funds.

Soulbound Token — an NFT that cannot be transferred, permanently tied to its wallet.

A subchain of a workchain serving a slice of accounts; scales via automatic split/merge.

A program that lives and executes inside a blockchain.

A token pegged to a fiat currency — most often USD (USDT, USDC, DAI).

A web app that runs inside the Telegram client via WebView with TG-native UI.

Telegram's internal currency for paying for digital goods in Mini Apps and subscriptions.

TON Enhancement Proposal — the formal specification for a TON-ecosystem standard.

A blockchain's test network for developers; tokens have no real value.

Total Value Locked — total USD value of assets in a DeFi protocol.

TON Virtual Machine — the stack machine that executes smart contracts on the TON network.

A logical child network inside TON with its own rules and validator set.

Free distribution of tokens to early users or active community members.

To buy an asset fast without analysis, on instinct or hype.

All-Time High — the historic peak price of an asset.

All-Time Low — the historic bottom price of an asset.

A holder of an asset that crashed and isn't recovering.

A speculator who plays in high-risk crypto plays; self-ironic term.

Holding an asset through drops without panicking or selling.

Project team revealed their real identities; a trust signal.

A sharp price drop; 'to dump' an asset.

Do Your Own Research — a call to verify facts yourself before investing.

Fear Of Missing Out — impulsive buying driven by hype, fear of being left behind.

Fear, Uncertainty, Doubt — negative rumors, often deliberate, to manipulate price.

To hold an asset long-term without selling, especially through market drops.

A token you can buy but not sell; a scam contract.

'Maximalist' — a fanatical supporter of one blockchain, dismissing all alternatives.

Not Financial Advice — a standard disclaimer disowning responsibility for the tip.

Weak conviction: sells at the first sign of a drop.

A sharp rise in an asset's price; sometimes refers to coordinated price ramping.

A coordinated scheme to ramp the price of an asset and quickly dump it on the hype.

From 'wrecked' — a major financial loss, usually from a bad trade or liquidation.

A scam where the project team pulls liquidity and disappears with investor funds.

Aggressively promoting a token/project, often with undisclosed financial interest.

A holder of a very large position in crypto; their moves move the market.

'Few understand' — self-ironic: 'only the initiated get it.'

Good Morning — the greeting in crypto chats and Twitter.

Good Night — the evening greeting, paired with GM.

Let's F***ing Go — an expression of extreme enthusiasm.

Not Gonna Make It — a dismissive 'you're not gonna make it.'

Ironic hint: 'probably nothing important' = actually very important.

A metaphor for a massive price rise; the rocket emoji 🚀.

We're All Gonna Make It — the optimistic crypto-community mantra.

The joke 'when will I be able to buy a Lamborghini with crypto profits?'