The big project is here! How does Succinct's zero-knowledge proof (ZK) network lead the future of Web3? It simplifies ZK, this 'black magic', into an easy-to-use tool for developers, with the core being the Prover Network and SP1 zkVM; it can only be said to be amazing!
Moreover, the Prover Network is a global decentralized computing platform that incentivizes global GPU nodes with the token $PROVE to process tasks in various scenarios such as DeFi and AI inference; SP1 zkVM allows developers to use mainstream languages like Rust for development without delving into complex cryptography, and it can boost TPS from 15-20 to over 10,000, running even on lightweight devices, balancing decentralization and security.
Currently, its network protects over $4 billion in on-chain assets and has secured $55 million in funding led by Paradigm, with many big names supporting it. Its applications broadly cover blockchains like Ethereum and Solana, and even the Web2 space (such as Google Wallet using it for age verification).
I don't need to mention the value of the token $PROVE ; it is already listed on Binance Spot, used for paying proof generation fees, incentivizing nodes, and community governance. Nodes need to stake tokens to compete for tasks, and users can also stake for profit sharing, with an automatic buyback mechanism to stabilize the price.
Succinct is not limited to a single scenario, but rather serves as a unified payment layer for the entire chain proof market; it is not too late to get in now.
#ZK