Succinct Labs specializes in zero-knowledge proofs (ZKPs), enabling trustless data verification without revealing the underlying information. The project aims to make ZKPs more accessible for developers by providing a decentralized prover network and efficient proof-generation tools.
Its native token, $PROVE, serves multiple roles: it's used to pay for proof creation, secure the network through incentivized participation, and govern protocol decisions. Provers stake and earn $PROVE for contributing computational resources, aligning token utility with network adoption.
