Why is Succinct the 'Water Seller' of the ZK Track? Look at These Three Major Moats

In the ZK track, most projects are busy making 'specialty drinks', while @Succinct is focused on 'repairing the pipes'—building universal infrastructure so that all projects can use ZK technology at a low cost. Just like AWS enabled countless internet companies, it is becoming the 'infrastructure king' of the ZK world, backed by three major moats.

First is the 'modular architecture'. SP1 zkVM is responsible for generating proofs, a decentralized network is responsible for task distribution, and $PROVE is responsible for incentive governance. Each has its role and works closely together, allowing developers to use ZK features by calling APIs without worrying about underlying details. Second is 'cross-chain compatibility'; through a light node design compatible with EVM and non-EVM chains, it solves the problem of heterogeneous chain communication, making it indispensable for cross-chain projects like Polygon. Finally, there is the 'ecological barrier'; it currently serves 35 protocols, guarding 4 billion in assets. The more people use it, the higher the network value.

The value of $PROVE is deeply tied to the scale of its ecosystem; as more projects connect, the demand for staking and governance will continue to rise. Even more impressive, its smart contracts employ multi-signature management for staking pools, where malicious actions will result in token confiscation. This mechanism keeps the network both active and secure.

From a financing perspective, the $55 million led by Paradigm will accelerate technological iteration, and in the future, it will expand into more application scenarios. #Succinct is becoming the 'must-have option' for ZK applications. #Succinct allows developers to focus on innovation rather than reinventing the wheel. The guarding of 40 billion in assets by #Succinct 40 is just the beginning of ecological expansion. In the long run, #Succinct may be the 'invisible champion' of the ZK track.