How do mini-apps work in Telegram? ✈️

Mini-apps in Telegram represent a unique format of interaction that does not require downloading and operates based on web technologies (HTML, CSS, JavaScript) and utilizes the Telegram API for integration.

Roughly speaking, these are small websites/web games.

The main principle of mini-apps operation:

1️⃣ The user launches the app, after which it opens in a webview (web version).

2️⃣ At the launch stage, the app receives user data through the Telegram API, including the name, ID, and photograph.

This allows displaying an adapted interface that changes depending on the user’s actions.

Features of mini-apps:

🟢 Telegram API. The API provides developers with many functions for sending messages, processing user commands, and interacting with other participants. This significantly simplifies interaction with the messenger's functionality and makes user authorization easier.

🟢 They are often implemented through Telegram bots, which allows users to easily and quickly start interacting with the app. Some mini-games support a multiplayer mode, where players can compete with each other in real-time.

🟢 Payment systems. Mini-apps allow the creation of full-fledged online stores with payment through Google Pay, Apple Pay, or TON.

🟢 Security. Telegram ensures a high level of security: encryption, two-factor authentication.

🟢 Favorable conditions for developers. Telegram retains all income from in-app purchases for the authors.

Thus, mini-games in Telegram are a combination of bot technologies, APIs, and creative design, enabling the creation of engaging content directly within the messenger.

The main technologies underlying Web3:

🟢 Blockchain

This is a decentralized system for storing and transmitting information, where data is encrypted and combined into blocks, which are then stored on the computers of numerous users in the network.

The advantage of this system is that it makes data forgery or alteration virtually impossible.

🟢 Smart Contracts

These are code-based contracts that automatically execute upon the occurrence of certain conditions.

This eliminates the possibility of third-party interference, increases speed, and minimizes errors.

🟢 Decentralization

This implies the absence of a single governing center, making platforms and applications more resistant to censorship and attacks.

Instead, users can interact directly with one another.

There are also other technologies, such as:

🔘Cryptocurrencies, which provide new economic models

🔘NFTs, which allow for the tokenization of everything from works of art to in-game objects.

🟢 We discussed Web3 in detail in this post 😎

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What is blockchain? 👀

It is a decentralized system for storing and transmitting information.

Now let's go into more detail:

Imagine a chain of blocks, where each block contains a small amount of information. Instead of storing data in one place, it is copied across numerous computers around the world.

Got the picture? 🤔

This is the main idea behind blockchain.

Each block has its own unique code, known as a hash. This hash links it to the previous block, so if someone tries to alter the information in one of the blocks, the hash will change, and everyone will see it. The blocks form a secure and transparent chain, where all the information is available for verification. This creates trust among network participants.

Blockchain = crypto? 💲

Not just that. Its capabilities extend far beyond. Blockchain is used for tracking deliveries, organizing votes, verifying identities, and much more.

Blockchain opens up new horizons, so it's important to stay informed ⌨️

What are smart contracts?

These are programs that automatically execute the terms of a contract when certain events occur.

Essentially, a smart contract acts as a digital intermediary that automatically enforces agreements between parties, eliminating the need for third parties, such as banks or notaries.

Where can they be used?

Almost anywhere: from financial transactions to managing intellectual property rights, as the main advantage of smart contracts is that they reduce time and costs, while also minimizing the risk of fraud 🙂

You often hear this word - decentralization 👍

So, what is it?

In simple terms: you are free from any businesses, banks, centralized authorities, and other intermediaries.

In more detail:

Your data is distributed across a network. Each participant has access to a single version of the information. This is ensured by the use of a distributed ledger, which is stored on multiple nodes.

Advantages:

🧮 Transparency
🧮 Protection against manipulation
🧮 Enhanced security. The absence of a single vulnerable point makes the network reliable
🧮 A democratic decision-making process that allows all participants to manage the project.

A vivid example of decentralization is the Internet.

We are all here. Although local outages do occur, it is nearly impossible to take down the entire internet.

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Why are cryptocurrencies used in Web 3 instead of card payments? 💤

Because cryptocurrencies are:

🟢 Direct transactions between users without intermediaries.

🟢 Full control over their assets and personal information.

🟢 Personalized tokens that allow launching airdrops and NFTs. This also serves as an additional incentive to participate in the project.

How do cryptocurrencies differ from one another? 👀

Now we will explain the main categories:

🔵 Currencies that were initially created as means of exchange and are used for transactions: for example, Bitcoin and Litecoin.

🔵 Focused on creating and executing smart contracts. For instance, Ethereum. This allows not only sending and receiving funds but also carrying out more complex operations.

🔵 Representing a real asset or commodity - stablecoins. For example, USDT or USDC, which are pegged to the value of fiat currencies or other assets to minimize volatility and ensure convenience in financial operations.

🔵 Responsible for governance and voting within DAOs, where tokens provide users with the opportunity to participate in decision-making and the direction of platform development.

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What is staking? 🍎

It sounds complicated, but let’s try to explain it simply.

In general, there are popular strategy in the world of cryptocurrencies that allow you to earn from your assets.

Staking means that you take your cryptocurrencies, send them to a blockchain network, and "freeze" them for a certain period. This is necessary to support the operation of the network. In return, you receive rewards in the form of additional tokens.

The advantages of staking:

✅ simplicity
✅ stable income, provided everything goes smoothly.

The disadvantages of staking:

❌ you could lose your money if the network encounters problems
❌ a risk of price volatility (the value of your asset can change drastically in a short period, which may affect your investment).

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What is liquidity farming (or farming)? 🚔

In simple terms, it is a more active way to earn money. Here, you provide cryptocurrency to a special pool, where it is used for trading operations and liquidity.

You receive rewards in the form of interest or additional tokens.

The advantages of farming:

✅ potentially high returns
✅ ability to quickly change assets

The disadvantages of farming:

❌ loss of funds due to sharp price fluctuations
❌ potential hacker attacks
❌ liquidity drain (this is a situation where the available amount of funds for trading on the market sharply decreases, which can cause significant price volatility and difficulties in executing trades)