Blockchain

ILITY’s cross-chain identity verification integrates multi-chain asset and behavior data, then uses Zero-Knowledge Proofs to generate privacy-preserving proofs, allowing users to complete on-chain identity authentication without exposing complete wallet information.

ILY is the native token of the ILITY network. It is mainly used to pay on-chain gas, support ZK identity verification, process data interactions, incentivize validators and delegators, and participate in network governance.

Avalanche (AVAX) is a Layer 1 blockchain network built for smart contracts, digital assets, and decentralized applications. Through the Avalanche consensus mechanism and multi-chain architecture, it delivers high throughput, low latency, and scalability. The Avalanche network consists of the X-Chain, C-Chain, and P-Chain, and supports customized blockchain deployment through Subnets. AVAX is Avalanche’s native token, used to pay transaction fees, stake validators, and maintain network security.

Avalanche Subnet is an independent set of validators within the Avalanche network. It is used to validate one or more blockchains and allows developers to build customized blockchain environments. Through Subnets, Avalanche can support application isolation, custom Gas models, and independent validation rules, improving network scalability and performance. Subnets are now widely used in blockchain gaming, enterprise blockchains, DeFi, and Web3 infrastructure.

Avalanche and Ethereum are both Layer1 blockchain networks designed for smart contracts and decentralized applications, but they differ significantly in network structure, scaling models, and consensus mechanisms. Ethereum mainly scales through Layer2 Rollups, while Avalanche uses a multi-chain architecture and Subnet model to enable application isolation and chain-level scaling. Both support the EVM ecosystem, but they differ in transaction confirmation speed, network structure, and application scaling paths.

Zcash and Monero are both cryptocurrencies focused on on-chain privacy, but they follow fundamentally different technical paths. Zcash uses zk-SNARKs zero-knowledge proofs to enable transactions that are "verifiable but invisible," whereas Monero leverages ring signatures and obfuscation mechanisms to deliver a transaction model that is "anonymous by default." These differences result in unique attributes for each, affecting their methods of privacy implementation, traceability, performance architecture, and regulatory compliance adaptability.

BASED is the native utility token for the Based Super Financial Application Ecosystem, issued by the Based Foundation with a fixed total supply. Its primary role is to distribute the platform’s growth dividends to actual users and participants through programmable equity, while also serving as a distribution and utility-linked interface to facilitate the launch of new projects. By integrating Trade and prediction market fee discounts, Visa card Cashback and credit frameworks, deposit and withdrawal cost optimization, anticipated Launchpool and airdrop rewards, as well as Agentic AI consumption limits, BASED unifies “product usage” and “token holding benefits” within a single incentive structure.

Based is an on-chain super app for finance, centered on Hyperliquid as its core trading and liquidity infrastructure. It unifies multi-asset trading, prediction market access, and Visa network payment capabilities within a single account and funding pathway. This allows users to trade directly on a high-performance on-chain Order Book and use their Account Balance for payments in real-world scenarios. By combining the "Trade Account" and "Payment Account" into one continuous experience, Based streamlines the entire process of pricing, settlement, and conversion of on-chain Assets, delivering a shorter, more efficient user journey.

Based is an on-chain financial super app powered by Hyperliquid’s core trading and settlement infrastructure. It brings together multi-asset trading, account tokenization, global payments (Visa), prediction market access, Launchpool distribution, and AI Agent capabilities into a seamless user experience. $BASED (BASED), the ecosystem utility token issued by Based Foundation, is used for fee discounts, card equity, AI quotas, Launchpool participation, and aligning incentives for airdrop rewards.

As the multi-chain ecosystem continues to expand, users’ assets, transaction histories, and on-chain activities are becoming spread across different networks. Verifying user identity and on-chain behavior while preserving privacy has gradually become an important issue for Web3 infrastructure. ILITY was created against this backdrop as a protocol for cross-chain identity and data verification.

Avalanche Consensus is a blockchain consensus protocol based on randomized sampling and voting. It uses Avalanche Consensus and the Snowman protocol to achieve high throughput and fast finality. Unlike traditional PoW networks or some PoS networks that rely on network-wide synchronous confirmation, Avalanche nodes gradually reach agreement through continuous randomized interactions, improving network efficiency and scalability. Snowman is the linear consensus version of Avalanche and is mainly used for smart contract chains and block ordering scenarios.

AVAX is the native token of the Avalanche network. It is used to pay Gas fees, participate in staking validation, maintain network security, and create Subnets. Avalanche operates through a PoS, or proof of stake, mechanism, where validators must stake AVAX to participate in transaction validation. At the same time, Avalanche uses a transaction fee burn mechanism to control token supply growth, giving AVAX a core role in both network operations and ecosystem expansion.

Stealth Addresses are an important privacy mechanism Monero (XMR) uses to hide the identity of transaction receivers. The system automatically generates a one-time address for every transaction, preventing blockchain outputs from being directly linked to a public wallet address and reducing the possibility of address clustering analysis and fund tracking.

Ring Signatures is a core privacy technology used by Monero to hide the identity of transaction senders. The system mixes the real transaction input with multiple historical outputs to form an anonymity set, making it impossible for outside observers to determine the true source of payment. Unlike Bitcoin’s public UTXO model, Monero applies Ring Signatures to all transactions by default, improving resistance to on-chain tracking.

Monero (XMR) is a decentralized cryptocurrency focused on privacy protection and anonymous transactions. It uses technologies such as Ring Signatures, Stealth Addresses, and RingCT (Ring Confidential Transactions) to conceal information about transaction senders, recipients, and amounts. Unlike most transparent public blockchains, Monero enables privacy by default, meaning every transaction is automatically anonymized.