IP

1. Internet Protocol, or Internet Protocal Address(IP Address), commonly used for various means of communication.
2. In Progress. Often used in old RTS games, such as WarCraft II.

gg, 2nd barracks IP!

Wang

1. Online slang term for the penis.
2. A l337 sense of spiritual zen, or online "coolness."

"That guy must has so much wang, his wang must be huge!"