Basically it is the next "fuck" it can be used as a verb, an adjective, and a noun.
Verb: to beat, have sex with, over power, and/or "own"
Adjective: Awesome, 1337, and/or cool
noun: something that is awesome, 1337 and/or cool
Passed tence: pwnt
I pwnt j00 at that game.
Man i heard that she pwnt him!
You mean that pwn hacker?
That is pwn.
1. An act of dominating an opponent.
2. Great, ingenious; applied to methods and objects.
Originally dates back to the days of WarCraft, when a map designer mispelled "Own" as "Pwn". What was originally supose to be "player has been owned." was "player has been pwned".
Pwn eventually grew from there and is now used throughout the online world, especially in online games.
1. "I pwn these guys on battlenet"
2. "This strategy pwns!" or "This game pwn."
Perfect ownage. Flawless victory. Schooled. Lesson taught. Owned beyond conventional words, and so excited about it, it's mistyped. Usually proceeded by noob.
We totally pwned them 2v2@LT~!
I pwn him, stupid noob.
Pwn the no0bzz!
Pronunciation: (pôn) Originally a misspelling of the word own, as in to totally have a skillful advantage over someone or something pwn is to more than just own; to pwn.
I pwn you you at Street Fighter.
The word Pwn was originally a typo from when the writer wanted to say Own. Pwn is commonly used in internet games, for example: Counter-Strike. Pwn is used to explain that the player was badly beaten.
"He got pwned by the other team"
A word, originating from a mispelled version of the word "own", used to describe a dominance of one person over another, usually in a video game.
"AHHA! I PWN JOOR N00B ASSES!!"
pwn (vt. or vi.) 1. to defeat (someone)thoroughly or to a great extent 2. to outdo or outmatch (someone) past tense - pwnt or pwned ( ? < leet speak/gaming terminology p + (o)wn)
"I totally pwned." "That was pwning." "You got pwnt!"
v. To dominate another, often in online gaming.
Originally a misspelling, 'pwn' has come to also be considered a contraction of the 'Perfect Own" of an opponent.
History: Pwn first surfaced in online play in 1992 - 1993 when MMORPGs were better known as MUDs. Pwn reached it's peak as a standard term amongst game players around the time of Bungie's Battle.Net (1997-).
Pwn has been absorbed into other common online-originating language mediums since then, such as Leet Speak and Singlish.
Pwning, Pwnage, Pwned (past tense), Pwnt (past tense).
"I pwned all last night on Battle.Net"