甜甜- Bird
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The @Succinct launched today has extremely high popularity. In fact, a month ago, a teacher recommended this project to me, and at that time, I also felt that this project was very hardcore in all aspects.
However, considering the high threshold of the testnet and the overly competitive hot projects, I did not participate. I felt heartbroken when $PROVE went live, missing out on the big opportunity.
In hindsight, my understanding of its ZK technology was not deep enough; it is definitely a leader in the ZK track!
Its SP1 zkVM is amazing, directly lowering the development threshold for ZK to the minimum. Moreover, SP1 Hypercube, with its parallel algorithms and optimized compilers, has skyrocketed TPS from 15-20 to over 10,000, with latency reduced to milliseconds. Google Wallet's ZK age verification relies on its lightweight framework, demonstrating that even Web2 has begun to use its technology, which is truly valuable in Web3.
In terms of financing, it is significant, with Paradigm leading a $55 million investment, and heavyweights like Polygon co-founders and early Twitter investors coming to support it, making it a ZK all-star lineup. The ecosystem is also strong; Polygon AggLayer's efficiency increased tenfold after optimization, with over 35 protocols including World Chain (backed by Sam Altman) connected, protecting over $4 billion in on-chain assets.
The profit model of $PROVE is also impressive; it is not just about hype—real demands like Rollup and cross-chain bridges drive proof generation, and customers are paying in real money. The decentralized Prover network can further reduce costs, creating a virtuous cycle of "more nodes joining → faster and cheaper proof → more projects using it → explosive revenue growth." Currently, there are over 35 paying clients, and the ZK market is expected to grow more than 300% annually. Unlike single-chain projects that rely only on their trading fees, it is the 'toll' for the entire ZK market; whoever uses it pays, holding immense potential.
The mainnet of $PROVE went live on August 5, the first round of airdrops has ended, but you can still run GPU nodes to earn rewards (docs.succinct.xyz); promotions from Kaito and Binance can be included, and tweeting on X and the square can earn rewards, achieving two benefits with one effort; you can also develop DApps using SP1 zkVM to earn ecosystem rewards.
Remember to join Discord: https://discord.com/invite/succinctlabs
@Succinct #SuccinctLabs
However, considering the high threshold of the testnet and the overly competitive hot projects, I did not participate. I felt heartbroken when $PROVE went live, missing out on the big opportunity.
In hindsight, my understanding of its ZK technology was not deep enough; it is definitely a leader in the ZK track!
Its SP1 zkVM is amazing, directly lowering the development threshold for ZK to the minimum. Moreover, SP1 Hypercube, with its parallel algorithms and optimized compilers, has skyrocketed TPS from 15-20 to over 10,000, with latency reduced to milliseconds. Google Wallet's ZK age verification relies on its lightweight framework, demonstrating that even Web2 has begun to use its technology, which is truly valuable in Web3.
In terms of financing, it is significant, with Paradigm leading a $55 million investment, and heavyweights like Polygon co-founders and early Twitter investors coming to support it, making it a ZK all-star lineup. The ecosystem is also strong; Polygon AggLayer's efficiency increased tenfold after optimization, with over 35 protocols including World Chain (backed by Sam Altman) connected, protecting over $4 billion in on-chain assets.
The profit model of $PROVE is also impressive; it is not just about hype—real demands like Rollup and cross-chain bridges drive proof generation, and customers are paying in real money. The decentralized Prover network can further reduce costs, creating a virtuous cycle of "more nodes joining → faster and cheaper proof → more projects using it → explosive revenue growth." Currently, there are over 35 paying clients, and the ZK market is expected to grow more than 300% annually. Unlike single-chain projects that rely only on their trading fees, it is the 'toll' for the entire ZK market; whoever uses it pays, holding immense potential.
The mainnet of $PROVE went live on August 5, the first round of airdrops has ended, but you can still run GPU nodes to earn rewards (docs.succinct.xyz); promotions from Kaito and Binance can be included, and tweeting on X and the square can earn rewards, achieving two benefits with one effort; you can also develop DApps using SP1 zkVM to earn ecosystem rewards.
Remember to join Discord: https://discord.com/invite/succinctlabs
@Succinct #SuccinctLabs
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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