$PROVE Why is the market so restless? Why are investors clustering together?
Capital moguls are not foolish with money. They invested 55 million dollars, betting not on a 'new coin', but on the 'shovel seller' opportunities arising from the wave of ZK technology popularization!
'Key bottleneck breakthrough'—Zero-Knowledge Proof (ZK) technology. This thing is definitely a fighter jet among black technologies: it allows blockchain to verify transactions without revealing privacy (for example, proving you are eligible for an airdrop without exposing your wallet balance), and significantly increases network speed and throughput (scalability tool!). BUT! This technology, while good, was incredibly difficult for developers in the past, like engineers painstakingly handcrafting steam engines in the early 19th century—high barrier to entry, explosive costs, and low efficiency!
Why do I say this?
The cost of self-built technology is explosive: Want to use ZK? Developers have to build and maintain expensive dedicated computing servers (Prover) themselves, burning both money and time.
PhD in cryptography is the starting threshold: you must be proficient in fundamental cryptography, writing complex ZK circuit code line by line, which can be incredibly frustrating to debug.
Communication difficulties across chains: Want Ethereum to trust data on Polygon? Or make Celestia and Ethereum communicate securely? The past was as complicated as getting two tribes speaking different ancient languages to sign a contract.
And the result? ZK is great, but most projects can only look on helplessly, 'too expensive, too complicated to use.' It's like having a blueprint for the energy revolution, yet everyone is still stuck in the era of waterwheels and animal power—so frustrating!
At this point, the main character $PROVE behind Succinct Labs emerges! What they do can be summed up in one sentence: making ZK technology as simple to use as taking photos with a 'point-and-shoot camera'! How did they achieve this? Two major 'weapons':
1. Shared computing 'carpool' platform (decentralized Prover network):
Don't build your own 'power plant' (server) anymore! Come to Succinct's shared network where everyone shares computing power. Costs are cut in half, and efficiency actually skyrockets. *It feels like jumping from building your own power plant to using the national power grid!
2. Developers' 'plug-and-play' toolbox (tools like SP1):
Don't get stuck on the fundamentals of cryptography! Succinct provides ready-made 'Lego blocks' (modular components). Want to create a privacy payment? On-chain identity verification? Just assemble the right 'blocks' together, and the difficulty drops by 80%. It used to be like building a rocket by hand, now there's a guide ready with standardized rocket engines and fuel tanks!
So, what exactly is Succinct?
Stop treating it as just 'another ZK project'! Its true identity is: the super supplier of 'Zero-Knowledge Proof as a Service' (ZKaaS) for Web3! Imagine the significance of Amazon Web Services (AWS) for the internet—Succinct aims to be that 'utilities' infrastructure provider for the ZK world.
Prove has just started, and the story is only opening its first chapter.@Succinct #SuccinctLabs $PROVE