A shardchain is a horizontal shard of a workchain that serves a specific range of accounts. TON automatically splits shardchains when load grows (split) and merges them back when load drops (merge) — with no manual validator intervention.
This gives a unique property: network throughput is adaptive. Bitcoin and Ethereum have a fixed block size; TON scales with actual load.
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).
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