Why is Succinct the "Trust Engine" of Web3?
The core of Web3 is "trustless", but the reality is that issues like cross-chain bridge hacks, frequent contract vulnerabilities, and difficulties in verifying data authenticity have made "trust" a luxury. @Succinct is using ZK proofs to solve these problems, acting like Web3's "trust engine", allowing every computational step to be verified without exposing privacy.
@Succinct 's "engine" consists of two parts: SP1 zkVM is responsible for generating proofs to ensure computational correctness; the decentralized network is responsible for distributing and verifying proofs to ensure fairness in the process. For example, cross-chain bridges use it to verify the source of assets, completely eliminating fraudulent transactions; DeFi protocols use it to verify pricing models, preventing malicious manipulation.
$PROVE is the "fuel for the engine", staking PROVE incentivizes provers to provide quality services, and governing $PROVE allows the network to continuously optimize. Currently, it has become the "star asset" in the ZK space, and its strong performance after being listed on Binance demonstrates the market's urgent need for a "trust engine". As Web3 develops into deeper waters, this demand will only surge.
From protecting user assets to empowering industry innovation, Succinct is reshaping the foundation of trust in Web3. #Succinct makes the "trustless" aspect of Web3 no longer just a slogan. #Succinct employs ZK proofs to close all trust gaps. Choosing from #Succinct 35 top protocols is a sure bet. #Succinct 's future Web3 will be inseparable from this "trust engine".