#Mask Archives - Smart Liquidity Research

Mask Network partners with TON

Mische Martinete — Fri, 19 May 2023 05:42:19 +0000

Mask Network partners with TON Blockchain and invests in it to further build a decentralized social network ecosystem.

Mask Network, one of the world’s leading decentralized social networks, has announced an investment in The Open Network (TON) to further develop its ecosystem at large and provide innovative solutions for people across networks.

Founded in 2017, Mask aims to build an easy-to-use bridge between Web2 and Web3-era decentralized apps. Mask is one of the earliest community members of the Bluesky protocol founded by Jack Dorsey, and the Mask team maintains the most active instances of Mastodon.

“Mask’s dream is to achieve a new and open internet through building and growing the decentralized social network ecosystem”— Suji Yan, founder of Mask

TON is a revolutionary technology that seeks to unite all blockchains and the Web2 Internet into one open network. Designed by Telegram to onboard billions of users into Web3, TON has been run as an open-source community project since 2020. With strong social functions, TON’s goal is to transform communities into economies.

In December 2022, The Verge wrote about Telegram’s newly released Fragment platform, which Telegram CEO Pavel Durov called “an amazing success” by selling anonymous numbers, as it gained them more than US$50 million in sales in less than a month. The fragment is built upon the TON blockchain, allowing users to obtain an anonymous number purchased via blockchain technology with payment in Toncoin.

Mask Network’s Beliefs

Similarly, Mask believes in the ownership economy. Mask’s own Next.ID is a powerful open-sourced protocol that connects and authenticates people’s digital footprints while giving them full ownership of their identities. Powered by Next.ID, Mask’s Web5.bio can provide a list of relevant identities when people are searching for any Twitter handle, Ethereum address, ENS domain, or Lens Profile.

There is a shared synergy between the two revolutionary groups’ visions. The mask will look to achieve deeper integration and provide DID solutions for their combined communities and beyond, contributing to the future decentralized social networks ecosystem.

Mask’s Vision and Ambition

Mask’s ambition is to become the Web3 social conglomerate building for the first billion people in Web3. With accumulated funding of US$100 million, the Mask team has strategically invested in decentralized social networks, infrastructure, and creative content. Besides building on TON, Mask has acquired Pawoo.net, one of the largest Mastodon instances, and has recently taken over the team of trendy NFT protocol RARA Social.

ABOUT Mask Network

Mask Network is a leader in the vibrant decentralized social network ecosystem. In 2019, the Mask extension started supporting Twitter users with secure, decentralized social messaging, payment networks, file storage, and sharing on mainstream social media networks. The mask has strategically invested in decentralized social networks, infrastructure, and creative content to make Web3 more accessible to all.

Website | Twitter

The post Mask Network partners with TON appeared first on Smart Liquidity Research.

RNS ID Partnership with zkSync

diane — Fri, 25 Nov 2022 15:03:54 +0000

RNS ID, the Republic of Palau’s official blockchain identity for its Digital Residency Program, announced a partnership with zkSync, to support the platform’s On-Chain KYC Solution.

RNS ID partnership with zkSync is to launch its On-Chain KYC with its privacy engine, a trustless and verified identity compliance in Web3.

Introduction

zkSync, which is regarded as the key innovation in RNS’s digital ID program. Is attempting to support its functional privacy features for on-chain legal ID. By implementing zero-knowledge proof and Merkle root-hashed ID properties.

These features provide users and businesses with complete autonomy over their own information and data. While also reducing transaction time during the KYC verification process.

The On-Chain Trustless KYC Solution

This method eliminates the user’s multiple verification processes by different requirements. This functionality creates a “mask” of one’s personal information through ZK Proofs without revealing one’s sensitive data, enabling unrestricted access to and use of the web3. RNS API allows multi-single integration points to the security features in the onboarding process.

This solution for the new KYC paradigm for zero-knowledge proof implementation is verifying identification without penetrating customer privacy; leveraging self-sovereign and zero-knowledge proofs is on the frontier of research.

The Advantages

While it is believed to provide support to the growing ecosystem of infrastructure among crypto enthusiasts. It will also pave the way to its marketing support and expansion of the geographical reach of RNS’ digital ID program and future digital projects and initiatives.

On the other hand, zkSync’s continued innovation and rollups offer enhanced privacy, ease of use, lower fees, and scalability.

This on-chain trustless KYC breakthrough provides an avenue to both platforms’ system integration of on-chain identity verification and programmable privacy features of blockchain native identity. It also aims to support global exchanges and bring trustworthy customers easily to its platform.

zkSync ‘s L2 to L3 ‘Opportunity’

zkSync’s rollups bring Ethereum to a higher level of scalability, security, customization, and high performance while maintaining its low fee.

As the precursor to Layer 3, Layer 2 or zkSync 2.0. Promises to provide every project with the complete security of Ethereum and be permanently future-proof. In its quest to offer constant solutions to Ethereum’s network performance. zkSync is set to deploy an architecture upgrade called the L3 ‘Opportunity’ or zkSync 3.0 early next year on a public testnet.

The Layer 3 ‘Opportunity’ prototype will provide significantly higher security, limitless customization, and trustlessly linked yet cheaper blockchain technology. It will inherit the full features of its predecessor, L2, but a better version, especially in security. Shielding from fraud and hacks in a very hostile digital environment. It shall also be an upgrade to perform faster transaction speed, reduce data cost, and ease of use, making app creation 10x easier.

About RNS ID

RNS ID is the world’s first Web3 legal identity platform. The RNS platform gives users universal access to virtual government services. It offers global citizens unprecedented access to borderless economic freedom and a new democratic paradigm in a borderless digital world.

Website | Twitter

About zkSync

zkSync is a ZK rollup, a trustless protocol that uses cryptographic validity proofs to provide scalable and low-cost transactions on Ethereum.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/zksync-to-support-rnsids-on-chain-kyc-solution-301684486.html

REQUEST AN ARTICLE

The post RNS ID Partnership with zkSync appeared first on Smart Liquidity Research.

Lens Protocol x Mask Network Collaboration

Eris — Tue, 16 Aug 2022 13:41:26 +0000

Mask Network is delighted to announce its collaboration with Lens Protocol, a composable and decentralized social graph.

The need and prospect for web3 social networks are growing. This trend toward a more open, transparent social graph — where digital data, audience, and content assets could be owned by users — benefits creators, developers, and many more.

Mask Network and Lens Protocol have a shared vision, and they are ready to show such a vision on the product level.

In the future, they look to collaborate closely together and move forward with the product integration from both sides; by bringing and leveraging Lens’ composability and open-source code, Mask Network will enable users to follow, like, mirror Lens content on top of Mask’s major products such as the browser extension and our upcoming Web3 info-feed mobile app.

Speaking about more potential collaborations, with the possible integration with Next.ID, the Decentralized-Identity-as-a-Service (DIaaS) provider of Mask Network, will make Web3 a native and smooth social experience combined with Web2, providing users with approaches to seamlessly cross-post on RSS3, Lens, Twitter, etc…

To kick off this collaboration, Lens Protocol will give out ~3,000 Lens handles to the Mask Network community. Active community members of Mask Network will be eligible to claim a profile handle. You can check if your wallet address is on the active member list here.

The list includes:

Addresses that have interacted with finance dApps on Mask extension multiple times
Holders of Mask’s past event POAP(s)
Holders of MaskOn PFP (our community-initiated NFT project) as of July 19th
Addresses that are eligible to claim 5+ OATs in Mask past events

Apart from existing active members, Mask Network has also been granted 500 Lens handles for other members of the Mask Network community. 500 lucky members who have verified their accounts with Mask Network will be able to get a claimable Lens handle. They will announce the winners list on our Twitter @realMaskNetwork.

To flourish this beautiful garden for the Mask community members and Lens bloomers, they wish to plant more seeds full of potential and excitement for the future-generation social network.

About Lens Protocol

The Lens Protocol is a decentralized, non-custodial social graph. Lens implements unique, on-chain social interaction mechanisms analogous to commonly understood Web2 social media interactions, but significantly expanded with unique functionality that empowers communities to form and participants to own their own social graph.

Website | Twitter

About Mask Network

Mask Network aims to bridge the Web 2.0 users to Web 3.0. By bringing the amazing decentralized application ecosystem onto traditional social networks. The Mask extension provides a decentralized option for features Web 2.0 users are familiar with. Users could enjoy secure, decentralized social messaging, payment networks, file storage, and file sharing without leaving the mainstream social media networks. Users could get a glimpse of the magic of the Web 3.0 world in an easy and effortless way. Mask Network is strong believers in the ownership economy. People should own what they produce, their data, their attention, and the virtual space they choose to contribute to.

Website | Twitter

SOURCE: Medium

REQUEST AN ARTICLE

The post Lens Protocol x Mask Network Collaboration appeared first on Smart Liquidity Research.

Mask Network x Dtools Cooperation

Eris — Tue, 02 Aug 2022 17:45:31 +0000

Dtools, the next generation of Web3 ALL-IN-ONE tools, and Mask Network have reached a strategic partnership. The two parties will carry out in-depth cooperation at the Web3 plugin and tools level.

Mask Network is building a Web3 dApplet store directly on Web2. This dApplet store allows any content to be seamlessly integrated, displayed, or interacted with on existing social media platforms, enabling users to send encrypted messages, trade cryptocurrencies, and even interact with DeFi and NFTs protocols over popular Web2 social networks like Twitter and Instagram.

Mask Network is also partnering with Next.ID as its Decentralized-Identity-as-a-Service (DIaaS) of choice. Mask Network’s major overarching goal is to be a bridge for all internet users to gain exposure and understanding of Web3 eventually, and this is a huge step in that direction.

Dtools will cooperate with Mask Network with the above sides. They have a page called plugin, which will show all plugins downloaded by the user.

Also, Dtools provide a personal Portfolio. The personal portfolio allows users to aggregate and manage assets in multiple wallets and supports switching different chains to view the total assets on the corresponding chain (currently supported blockchains include: Ethereum, BNB Chain, Avalanche, Solana, Polygon, and Arweave). These matches Mask Networks’ plan.

About Dtools

Dtools (Decentralized Tools) is the next generation of Web3 ALL-IN-ONE tools. It supports all major operating systems, including MacOS, Windows, iOS, and Android. Including various functional modules and a unique plugin ecosystem based on decentralized technology. They have built a bridge between Web2 and Web3.

Website | Twitter

About Mask Network

Mask Network aims to bridge the Web 2.0 users to Web 3.0. By bringing the amazing decentralized application ecosystem onto traditional social networks, the Mask extension provides a decentralized option for features Web 2.0 users are familiar with. Users could enjoy secure, decentralized social messaging, payment networks, file storage, and file sharing without leaving the mainstream social media networks. Users could get a glimpse of the magic of the Web 3.0 world in an easy and effortless way. Mask Network is strong believers in the ownership economy. People should own what they produce, their data, their attention, and the virtual space they choose to contribute to.

Website | Twitter

SOURCE: MEDIUM

REQUEST AN ARTICLE

The post Mask Network x Dtools Cooperation appeared first on Smart Liquidity Research.