Topics of Crypto World

Bitcoin SV (BSV) is a proof of work (PoW) blockchain network whose core goal is to achieve high throughput and strong on-chain data processing capabilities through large block scaling. As blockchain scalability has become an increasingly important focus across the industry, BSV has been used in scenarios such as high frequency trading, on-chain data storage, and enterprise level applications.

Mask Network is a decentralized privacy middleware that runs on Web2 social media platforms, such as Twitter and Facebook. Through its open-source browser extension, it enables encrypted communication, cross-border digital asset transfers, and seamless access to DApps. It allows users to use Web3 features without leaving their existing social interfaces, including sending encrypted red packets, participating in Initial Twitter Offerings, or ITOs, and displaying NFT profiles. As a bridge between Web2 and Web3, Mask Network aims to give users control over their own data and build a decentralized gateway ecosystem.

Mask Network transmits encrypted messages through a hybrid encryption mechanism that combines asymmetric encryption, such as RSA or ECC, with symmetric encryption, such as AES. The sender uses a randomly generated AES key to encrypt the original message locally, then encrypts that AES key with the recipient’s public key and publishes the encrypted ciphertext to the social platform. After the Mask extension detects the ciphertext, the recipient uses their local private key to decrypt the AES key and then restore the original message. Throughout the entire process, the private key remains under the user’s local control. The social platform only serves as a medium for transmitting ciphertext and cannot access the plaintext content.

Initial Twitter Offering (ITO) is a decentralized asset distribution mechanism introduced by Mask Network. It allows project teams to issue tokens directly on Twitter, now X. Built on Mask’s underlying plugin technology, ITO combines blockchain smart contracts with an interactive tweet interface, so users can subscribe to tokens by connecting a wallet without leaving social media. As an innovative model for social token launches, ITO greatly lowers the barrier to participating in early crypto asset distribution and has become an important tool for Web3 traffic conversion and community fundraising.

Somnia Network (SOMI) is an ultra-high-performance, EVM-compatible Layer 1 blockchain. Its core breakthrough is the ability to achieve more than 1,000,000 TPS, or transactions per second, with sub-second finality. Through its self-developed IceDB database engine and parallel execution mechanism, Somnia addresses performance bottlenecks that have limited large-scale Web3 adoption. As an “Agentic L1,” it focuses on delivering on-chain reactivity for AI agents, real-time social applications, and fully on-chain metaverse environments, allowing high-frequency, low-latency consumer applications to run entirely on-chain at scale.

The technical core behind Somnia’s million-scale TPS lies in its low-level reconstruction of the EVM stack, mainly through the IceDB storage engine and its parallel execution engine. IceDB is a custom database built specifically for blockchain systems. By optimizing the Sparse Merkle Tree, or SMT, structure and reducing disk I/O friction, it directly addresses the read and write bottlenecks that traditional databases, such as LevelDB, face when handling massive state data. Combined with Somnia’s multithreaded parallel execution engine, transactions that do not interfere with one another can be distributed across multiple CPU cores and processed simultaneously.

Somnia and Monad are two of the most important representatives in the parallel EVM sector. Both aim to improve transaction throughput, but they take noticeably different technical paths. Monad relies mainly on Optimistic Parallel Execution and deferred execution to achieve 10,000 TPS while preserving Ethereum compatibility. Somnia, by contrast, performs a surgical reconstruction of the storage layer through its self-developed IceDB storage engine, combined with a multithreaded parallel mechanism designed to support industrial-grade workloads above 1,000,000 TPS. In simple terms, Monad optimizes the “ordering and processing” of execution flow, while Somnia removes the physical bottleneck of storage I/O at its root.

BNB’s burn mechanism is an automated algorithm designed to create long-term deflation by reducing total supply. It mainly consists of two parts: real-time burn (BEP-95) and quarterly Auto-Burn. Real-time burn permanently removes a portion of Gas fees from every transaction on BNB Smart Chain (BSC), while quarterly Auto-Burn uses a formula based on BNB’s price and on-chain activity to automatically calculate and burn tokens until total supply falls below 100 million.

BNB is a multifunctional utility token that supports the entire BNB Chain ecosystem. It was originally issued as an ERC-20 token on the Ethereum network and has since evolved into a core decentralized asset backed by its own public blockchain. As the blockchain industry shifts from simple trading toward Web3 infrastructure, BNB is widely used for fee deductions, cross-chain payments, on-chain governance, and as fuel for decentralized applications (dApps).

Basic Attention Token (BAT) is a utility token at the core of the Brave browser ecosystem, designed to enable seamless value exchange among advertisers, users, and content creators. Users are rewarded with BAT for viewing privacy-focused ads, advertisers pay for ad placements using BAT, and content creators earn returns through user tips. By leveraging a token-based mechanism, BAT redefines the return distribution model of traditional advertising, boosting ad efficiency while reinforcing user privacy. BAT represents a significant application in the Web3 attention economy.

The BAT reward mechanism serves as the central value distribution model in the Brave browser advertising ecosystem. Advertisers pay for ad placements with BAT, users earn BAT rewards for viewing privacy-focused ads, and content creators receive token income through user tips or a share of advertising returns. By redistributing advertising returns via blockchain tokens, this mechanism enhances ad transparency and enables users to receive direct compensation for the value of their attention, representing a major innovation in the Web3 digital advertising landscape.

The core difference between Stargate Finance and LayerZero lies in where each one sits within the blockchain technology stack. LayerZero is an underlying omnichain interoperability protocol, or infrastructure, responsible for transmitting arbitrary information between different chains. Stargate Finance, by contrast, is a decentralized application (DApp) built on LayerZero and focused on enabling cross-chain liquidity transfers of native assets. In simple terms, LayerZero is the “communications base station” that carries information, while Stargate Finance is the “cross-chain bank” that uses that base station to provide services.

Stargate Finance provides an innovative cross-chain liquidity solution that allows users to transfer native assets directly between different blockchains. As a decentralized cross-chain bridge protocol, Stargate significantly reduces the complexity and cost of traditional cross-chain solutions while improving transaction security and liquidity.

Stargate Finance is a cross-chain liquidity pool and liquidity protocol that allows users to transfer assets across different blockchains through its distinctive cross-chain bridging capabilities. Its main strength lies in providing seamless asset liquidity, addressing the high fees and inefficiencies often found in traditional cross-chain protocols. With its innovative architecture, Stargate plays an increasingly important role in the decentralized finance (DeFi) ecosystem and has become a key hub for connecting different blockchains.

Scallop is a next-generation DeFi lending protocol developed on the Sui blockchain, and it is the first financial project to receive official funding from the Sui Foundation. This article outlines Scallop’s core features, institutional-grade lending architecture, ecosystem positioning, and marketplace advantages. It also reviews recent security incidents and the official response, offering a concise overview of Scallop’s growth potential and associated risks.