If we talk about which token is the hottest today, I can only say it's $PROVE, which went directly from Binance Alpha to Binance Spot, truly the brightest star. Join me in analyzing the Succinct project.
Succinct is changing everything. Its mission is simple: to empower every developer to easily harness the power of ZK.
It is building a global zero-knowledge proof network. Like a 'computing power gas station', the $PROVE token incentivizes GPUs around the world to contribute computing power, providing high-speed, secure, and verifiable computational proofs for Ethereum, various L2 networks, and even AI applications.
Good news for developers: SP1 zkVM
· Don't be intimidated by complex circuits and mathematics anymore!
· Write your application logic in your familiar programming language (like Rust).
· SP1 zkVM automatically takes care of the ZK part for you. It's like giving your code a 'superpower' with one click.
· This is a crucial step for ZK applications to truly reach the masses!
Let's see what sets Succinct apart.
1. Truly universal: We are not just serving a single chain or a specific application. The $PROVE token is the 'passport' for the entire ZK ecosystem, serving a wide range of scenarios from Ethereum mainnet, various Rollups, to Bitcoin/Solana cross-chain bridges, Web2 enterprises, and even AI model validation.
2. Security cornerstone: Our network is already the 'invisible guardian' protecting the security of on-chain assets, safeguarding over $4 billion in value.
3. Aligning with the future: The latest White House report clearly states that ZK is the core technology for achieving 'privacy and compliance coexistence' (especially in identity and finance). Succinct, as an infrastructure, stands at the forefront of regulatory recognition.
Strong trust endorsement:
Secured continuous lead investment from top venture capital firms like Paradigm, raising over $55 million in total funding, and boasts one of the most dazzling investment lineups in the ZK infrastructure space.
Succinct: not patching up a corner, but building the next generation of trusted computing engines for the entire internet. Bringing ZK from the laboratory to the real world, empowering every developer.
I hope everyone can continue to follow Succinct.