In early 2025, the Silicon Valley startup LexChain faced significant compensation risks due to contract disputes. Traditional law firms took 3 weeks to verify the validity of cross-border contracts, with costs exceeding $200,000. LexChain turned to the integrated PROVE protocol's legal verification DApp, which completed the encryption verification of contract terms within 5 minutes using zero-knowledge proof (ZKP) technology, reducing costs to $200, without disclosing any trade secrets. This case highlights the core value of PROVE: transforming high-cost trust verification into decentralized, privacy-first infrastructure services.
$PROVE is the native token launched by the AI startup Succinct, aimed at building a decentralized ZK proof network. By connecting provers (computational resource providers) with requesters (users/protocols requiring verification services), it creates an efficient, censorship-resistant ZK proof generation market. Its technical core lies in utilizing zero-knowledge proof technology to achieve a balance between data privacy and verifiability (for instance, in legal contract verification scenarios, confirming the validity of terms without disclosing sensitive information).