Author: GoPlus Chinese Community

Web3 is a new type of network technology, representing the next generation of the Internet. It encourages value creation and heralds unlimited possibilities. On the other side of the coin, Web3 has completely different usage habits, poor user interface, complex and difficult to understand keys and mnemonics, and potential security risks, which are daunting. It can be said that there is a difficult threshold for users to cross from Web2 to Web3.

Mask Network hopes to make cryptocurrency and NFT assets go out of "news reports" and become people's daily life, that is, without leaving the native experience of the Internet, they can own a crypto wallet without realizing it, become an NFT user, and hold tokens. coins, made investments, received encrypted red envelopes, sent encrypted messages to friends, used permanent storage services, etc.

The browser plug-in launched by Mask Network allows Web2 users to enjoy secure and decentralized encrypted tweet publishing with a familiar operating interface and the introduction of new Web3 features without leaving mainstream social platforms or changing usage habits. Services such as decentralized storage, crypto investment, token and NFT buying and selling.​

It can be said that the centralized Web2 and the decentralized Web3, two originally unconnected parallel worlds, are converging because of Mask Network, and the killer feature of Mask Network is this browser extension.

Taking Twitter as an example, after users install this browser extension, they can see two new buttons on the left side of Twitter, namely Mask Network and MetaMask wallet. The former is a Web3 toolbox embedded in the Twitter platform, which aggregates all the Web3 functions currently provided by Mask Network to Twitter users, while the latter embeds wallet transactions into the social platform. In addition to MetaMask, it also supports Mask Network, WalletConnect and Fortmatic wallets. What are the Web3 application scenarios of Twitter? The following will explain the main Web3 functions currently provided by Mask Network:

Support sending encrypted tweets

The Mask extension allows users to send encrypted tweets on Twitter and Facebook, which can only be interpreted by people who have installed the Mask plug-in; if a secret tweet is sent to a specified user, the visible scope can be selected to be visible to specific contacts, which means that only the specified user can decrypt and view the content.

Decentralized file storage

Users can upload and share all file types on Twitter and Facebook social media platforms through the Mask Network plug-in, and store them permanently in encrypted form on Arweave, IPFS and Swarm decentralized storage services. This feature allows users to share content without being monitored by the platform to better protect users' privacy information, such as identity privacy, sensitive files, etc.

Taking the following figure as an example, users can choose to upload files to a specific decentralized storage service, after which they will receive a string of “garbled code” representing the files stored in the decentralized service.

View and trade cryptocurrencies directly on social platforms

Mask Network allows users to view cryptocurrency market K-lines directly on Twitter and trade using dex or aggregation platforms such as Uniswap and 0x without leaving Twitter.

Specifically, when users view cryptocurrency-related tweets on Twitter, they can hover their mouse over the "$+ticker" (e.g. $ETH, $UNI) logo, and the extension will automatically detect and pop up the latest CoinGecko price list. If they need to trade, they can directly click the "Swap" chart in the pop-up window to perform the same one-click operation as Sushi/Uniswap/0x. Currently, this function supports 11 public chains including ETH, BSC, Polygon, Arbitrum network, etc.

Supports viewing NFT market and buying and selling NFT directly on Twitter

In addition to ERC20 tokens, the extension also supports viewing the market conditions and purchases of NFT assets directly on Twitter. Users can hover the mouse over the ticker logo of the NFT, such as "$INVSBLE3D", to view the market overview, floor price, transaction and other indicators of the NFT asset. Users can also buy and sell NFT assets directly on social media platforms. Users can directly purchase or bid for NFTs from mainstream NFT markets such as OpenSea on Twitter.

NFT Avatar Verification Function

Mask Network supports verifying Twitter avatars using on-chain data.

As a new digital identity symbol, NFT avatars can create a sense of group identity for buyers. Holding an NFT avatar to a certain extent expresses the holder's support for a certain NFT community, creating a better identity and community experience for buyers.

Mask Network supports the use of on-chain data to verify Twitter avatars. After installing the Mask Network extension, an NFT avatar button will appear. You only need to bind your personal wallet to your MASK ID to set the NFT held in your wallet as a social avatar and obtain the MASK-specific certification mark.

Twitter's first ITO

ITO, the full name of which is Initial Twitter Offering, means the first Twitter issuance. This is a token issuance and authentication method pioneered by Mask Network. As the name suggests, this model allows Twitter users to subscribe to tokens directly without leaving the Twitter platform.

In terms of experience, participating in ITO is very user-friendly, especially for new users. Before participating, you only need to download the Mask extension. After that, new users can create an identity and link their Twitter account according to the prompts. When the user creates an identity, Mask Network will automatically generate an ETH wallet address for the user. Of course, it also supports users to import existing wallets.

Support sending red envelopes to friends

Mask Network allows users to send cryptocurrency wallets in this extension. This is also the Twitter Lucky Drop feature that once attracted Ethereum founder Vitalik to participate. The amount of the red envelope can be selected in random or equal division mode, and you can also leave a message. Users can directly access universal wallets such as Metamask to complete payments, supporting 12 public chains including ETH, BNB Chain and Polygon. In addition, the red envelope function also supports the sending of NFT assets, supporting three public chains: ETH, BNB Chain and Polygon.

Ethereum founder Vitalik Buterin once used Mask Network to send his first ETH red envelope.

Create a Web3 profile on Twitter

After the Mask Network extension is installed, users can verify their wallets. Once verified, users can customize their Twitter pages and create Web3 profiles on Web2 social platforms. For example, NFTs in the wallet can be selected and managed to be customized and displayed on their personal pages. In addition, the Web3 profile also supports the display of donations and footprints.

Alleviate security concerns and enhance user confidence

One of the key reasons that prevents both retail and institutional users from entering Web3 is the uncontrollable security risks. Unlike Web2, security issues are more important in the Web3 field. Because for Web3 users, security risks are related to assets and may even lead to millions of property losses, and the decentralized nature means that these lost assets are more difficult to recover.

Like any unregulated new technology, the early crypto industry was like the Wild West, filled with scams, frauds, phishing and hacking incidents that could result in financial losses if you’re not careful. The potential risks to asset security caused by the endless stream of new scams and hacking incidents have discouraged new users.

In addition to providing users with the best Web3 experience, Mask Network provides users with effective security protection and reduces the concerns of new users by accessing the API security service solution provided by Web3 security infrastructure GoPlus.

When users use Mask Swap to exchange tokens, the target tokens for exchange will be subject to security checks. Real-time security checks and assessments will be conducted on the potential security risks of the trading tokens from the dimensions of basic information, contract security, transaction security, and information security. Once a problem is found, the user will be warned of the risk.

In addition to automatically triggering security checks on the target tokens during token swap operations, risk-aware crypto users can also manually check the security of specific tokens in the Check Security tab.

Mask's token detection solution is supported by GoPlus' free Token Security API service. It will conduct more than 30 security tests in three categories: contract code, transaction security, and information security, including but not limited to: whether the contract is open source, whether there is an additional issuance function, the security of owner-related code; the number of token holders, LP information, whether the address is locked, transaction slippage, Pixiu problems and other transaction security; whether the project is real currency, whether there is an airdrop scam and other project information.

Taking the above-mentioned token $SENSHI as an example, two security risks were detected during the transaction, namely transaction slippage risk and Pixiu hidden danger risk.

Specifically, the first transaction slippage risk is also known as the Sell Tax (%). Generally speaking, a value higher than 10% is considered high slippage, and a tax rate of more than 50% means that trading may not be possible. In the above tokens, this value is as high as 100%, far exceeding the qualified index. Another security risk is the function of suspending trading in the contract, which is a Pixiu problem or hidden danger. Generally speaking, if the contract of a token contains a code to suspend trading, the token may not be able to be bought or sold, which is a Pixiu risk.

The free Token Security API service provided by GoPlus is one of the most complete and accurate security services for token data on the market. As of October 21, 2022, the number of covered currencies is 1,600,904 (the database will automatically update in real time with thousands of new currencies every day, and can simultaneously cover and maintain the fastest and latest currency coverage), with nearly 3 million calls per day.

In addition to the Token security detection API service, GoPlus also provides malicious address detection services, authorization contract security detection services, and GoPlus NFT security detection services.

Malicious address detection service

The GoPlus malicious address detection API service solution supports multiple public chains including Ethereum, BSC, Polygon, Heco, Arbitrum, Avalanche, etc., and aggregates data sources from multiple security companies including SlowMist and BlockSec. It leads the market in coverage (across multiple public chains), cross-asset (supports both ERC 20 and NFT), sample library diversity (data sources from multiple security companies and the sample analysis models they provide), timeliness of collection (synchronously updating and collecting the latest Pixiu assets appearing on the market at the fastest speed [Note: the most frequent place for black addresses to appear is in the Pixiu asset category") and completeness (the cumulative number of black addresses has exceeded 100,000, and the dynamic sample library is still being updated and growing).

GoPlus NFT Security Check

GoPlus NFT security testing currently supports Ethereum, BSC, and Polygon public chains. It is the data service with the most complete data on the market (including more than 160M) and the most certified NFTs (including more than 4M+ certified NFTs).

In response to the endless stream of NFT Pixiu plates and NFT scams with the same name that are indistinguishable from the real thing in the current NFT market, GoPlus conducts contract-level security testing on NFTs. It conducts more than 20 contract security testing items such as "whether the NFT contract is open source, whether there is an agent, whether there is malicious behavior, whether there is a dark history", etc., to identify and detect the authenticity of NFT projects on the market to prevent users from being deceived and suffering property losses.

GoPlus Authorization Contract Security Check

GoPlus has currently released two versions of the authorization contract security detection service, namely V1 and V2. Among them, V1 is aimed at instant authorization scenarios such as exchanges and browsers. Applications or platforms that access this service will trigger security detection of the authorization contract when users authorize transactions. Once a risk is found, a red risk icon will be displayed for the authorization address to remind users not to perform the authorization "confirmation" operation to ensure the safety of users' assets.

The V2 version is for wallet addresses, and you can view the authorization history of the address, that is, automatically detect the contracts authorized by a specific address and the relevant information of the authorized contract. In addition, based on the V1 version that only supports the authorization contract detection of the erc20 token category, the V2 version also supports the ERC721 NFT and ERC1155 NFT asset categories.

In other words, in addition to ERC20 tokens, V2 also supports viewing two different standards of NFT asset authorization information. The V2 version of the authorization contract security detection service will conduct security detection and evaluation of the authorization contract from three dimensions: basic token information, main token security, and authorization contract information/time. Once a problem is found, a risk warning will be triggered.

As the "security infrastructure" of Web3, GoPlus currently supports security detection of encrypted assets on public chains such as Ethereum, BNB Chain, AVALANCHE, Polygon, Harmony, etc. This means that once the applications on these public chain platforms are connected to the API service provided by GoPlus, they can provide their users with security detection services for tokens, malicious addresses, NFT security and authorization contracts.