What is the Succinct Network? $PROVE
Succinct Prover Network is a protocol for generating zero-knowledge proofs (zk-Proofs). It implements a two-sided market connecting requesting and proving parties. In this market, requesting parties can purchase their proofs from proving parties competing to create them at the lowest price. The protocol architecture ensures verifiable matching of data between requesting and proving parties, as well as a high-performance user interface, making the network suitable for any applications.
The protocol is designed as a verifiable application (vApp) with off-chain components managing the auction process and proof assignment (similar to sequencer in Layer 2 networks), and smart contracts that establish state roots and proofs of correct execution on the Ethereum mainnet. This design pattern is similar to L2, which separates execution and enforcement.