Blockchain

Firo Masternodes are advanced nodes in the Firo network. By locking a certain amount of FIRO as collateral, they participate in network operations and support functions such as ChainLocks, InstantSend, and governance. Compared with ordinary nodes, masternodes can improve transaction confirmation speed and reduce the risk of 51% attacks. Through a hybrid architecture combining masternodes and PoW, Firo builds a more stable privacy network while providing infrastructure support for private transactions, network security, and fast payments.

Lelantus Spark is the privacy protocol used by Firo. It enables anonymous on-chain transactions through anonymity pools, Spark addresses, and zero-knowledge proofs. Users first convert public assets into an anonymity pool, then withdraw assets again through hidden addresses, breaking the on-chain link between transaction inputs and outputs. Compared with traditional public blockchain transactions, Lelantus Spark can hide the sender, recipient, and transfer amount, while combining with Dandelion++ to reduce network-layer tracing risks. The protocol is also a key component of Firo’s private financial infrastructure.

Firo, Monero, and Zcash are all privacy coins, but they use clearly different approaches to privacy. Monero mainly relies on RingCT and ring signatures to hide transaction information. Zcash uses zk-SNARKs zero-knowledge proofs to enable anonymous transactions, while Firo adopts the Lelantus Spark anonymity pool model and Dandelion++ network-layer privacy mechanism. Compared with Monero and Zcash, Firo places greater emphasis on a privacy structure that does not require a trusted setup and on the ability to expand into confidential assets. Together, the three have helped advance private finance and anonymous payments in Web3.

Firo (FIRO) is a cryptocurrency centered on on-chain privacy protection. It uses the Lelantus Spark protocol to hide transaction senders, recipients, and amounts, while combining Dandelion++ network-layer anonymity technology to reduce the risk of tracing transaction origins. Unlike traditional public blockchains, Firo emphasizes a privacy model that does not require a trusted setup and strengthens network security through a hybrid PoW and masternode architecture.

Gensyn (AI) is a decentralized Hashrate network (Decentralized ML Compute Network) designed for machine learning training. Its primary goal is to reduce the costs of AI model training and enhance the efficiency of compute resource utilization by making global Hashrate resources accessible.

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.