Note: This chapter is dedicated to explaining the powers of the three gods, which I believe will help you understand the core concepts of this story.
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The Oldest One's Powers:
As mentioned in the first chapter, the Oldest One exists like the atoms within our body. In the lower domains, however, this doesn't apply, as the laws from the upper cosmic sea leak into the worlds that the Oldest One created. This phenomenon is known as Law—a form of power that grants a person complete control over a specific element or matter, such as light, darkness, metal, diamonds, air, lava, fire, and many more.
The Oldest One himself is the embodiment of the laws of the world. His believers inherit these powers naturally, and those acknowledged by him, like the Forsaken One and Venti, also possess this strength. Those who have a deep understanding of the laws can easily defeat anyone below the True God Realm.
Note: There are multiple paths to reach the True God Realm—laws, spirits, mind, body, and more. Though the paths differ, all of them ultimately lead to the same destination.
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The Fallen One's Powers:
In the second chapter, you might have found the Fallen One's powers confusing. He is neither something nor nothing—he comes from a completely different god realm, so his abilities remain largely unknown. His specialties include life and death, light, void, and the duality of yin and yang. These powers will be explained in more detail in later parts of the novel.
Note: The Fallen One is from a completely different reality, and his abilities are deeply tied to the story, so I cannot fully explain his nature here.
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The Forsaken One's Powers:
In the third chapter, we learn that the Forsaken One is relatively young compared to the other two gods. He ascended to his status purely due to his immense potential. He is incredibly adept at adapting, which allows him to wield a wide range of powers within the novel. However, his primary strength lies in the Law, as he was born in the cosmic clan created by the Oldest One.
Note: The Forsaken One is the most talented among the gods, despite being only 40 Quato years old.
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Conclusion:
Lastly, let me provide some information about the Oldest One's child, who has reached the Void God Realm. His primary power is control over Weapon Laws.
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This should make the different powers and characters clearer as you read further into the story.