Yesterday I made this coin, I warned many not to short it, because this coin's project team is too wealthy and has the strength.
Why?
It is the one working on this technology; everyone knows how hot ZK technology has been in the past two years — but how many people are actually using it? Very few.
The reason is quite realistic: high thresholds, complex implementations, and expensive operations. Most projects just hang a ZK label and haven't really gotten it running.
However, there is a project that is seriously doing ZK tooling and engineering, and it is making significant progress — that is Succinct.
ZK doesn't have to 'reinvent the wheel.'
Succinct is not here to compete on performance; it's here to turn ZK into an 'infrastructure service.'
Self-developed zkVM: SP1, writing proofs into the code.
SP1 is the core invention of Succinct. It is a set of general virtual machines (zkVM) optimized for ZK, allowing developers to write code that can automatically generate ZK proofs using familiar programming languages (like Rust).
It's like Solidity for smart contracts, SP1 for ZK applications.
You no longer need to understand circuit languages, constraint systems, or the underlying mathematics of zk-SNARKs. Code is handed to SP1, which automatically completes compilation, generation, and verification. 'ZK-as-compiler,' this is the paradigm shift it brings.
Moreover, the abstraction level of SP1 is very high, allowing seamless integration with most modern chains, such as EVM, Cosmos, and Solana.
Complete Ethereum block ZK proof in 12 seconds.
Performance is also not lacking. Succinct's zkVM can already complete zero-knowledge proofs for an entire Ethereum block in 12 seconds and supports light client verification — which means that even on a mobile phone, you can verify the correctness of a block.
The on-chain verification threshold has been lowered to a level where 'everyone can verify.'
ZK Cloud: Global proof network is online.
Succinct has done something 'big': it has cloudified ZK proof services.
Project teams no longer need to deploy zk systems themselves or prepare GPUs, or perform tedious operations like parameter trust settings. You just need to connect to Succinct's network to 'call the zk proof computing power in the cloud' to complete tasks.
This is called the Succinct Prover Network, and its underlying logic is somewhat like a combination of the Ethereum validator network + cloud service market:
Someone initiates a proof task (demand side).
Nodes provide computing resources (supply side), both parties settle through PROVE.
This design not only simplifies the zk application deployment process but also makes 'ZK cost predictable and scalable' possible.
PROVE: The economic engine of the ZK network.
PROVE is not an empty currency used for storytelling; it is the underlying economic engine of this global proof network.
All proof requests consume PROVE, and providers also receive rewards through PROVE and participate in network governance.
This actually establishes a closed-loop model of 'usage-driven value growth':
The more projects connected, the more frequent proof calls are.
The greater the PROVE consumption, the higher the value of supply.
Node staking and user participation revolve around a single token.
Unlike some projects that are 'as good as not used, with the economic system entirely relying on airdrops.'
It's not a POC, but it's already running.
'Sounds good? Don't rush, this is not a PowerPoint project.'
Over 35 projects have already connected to the Succinct network.
This includes top chains like Polygon, Celestia, Avail, etc.
Even Web2 applications like Google Wallet are testing the waters.
The entire network has provided on-chain security for over $4 billion in assets.
This means that Succinct is promoting the 'ZK toolchain' into real business — rather than staying in the 'promising future' fantasy stage.
Is the 'React.js' moment of ZK finally here?
ZK used to be a kind of 'cryptographic magic' that only developers with deep academic backgrounds dared to touch. But what Succinct is doing might be the 'React.js' of the ZK world — packaging complex systems into developer tools so that everyone can use them.
It doesn't compete with people on TPS, nor does it shout empty slogans, but rather addresses the root problem: how should ZK be utilized?
Development side → has SP1 compiler; execution side → has Prover Network; economic system → uses $PROVE to bind supply and demand; performance/compatibility → can truly run and run fast.
Succinct is turning it into a 'modular tech stack that any chain can integrate.' If you want to work in the ZK space, you might want to take a look at this project; they have already stepped on all the pits in advance.
