Drive Method: always we use static, 1/4 scan, 1/8 scan, 1/16 scan, the latter one contributes to less brightness than the former. We always use the static outdoor, and use the different kinds of scan indoor.
Driving IC is the generic term for several kinds of IC, that are used to control the LED lamps, and as a bridge between the control system and lamps.
Power supply: a kind of device that used as a transfer from 220V AC into 5V DC. It always seems like a box in the cabinet.