$PROVE is really incredible!
When researching a project, the technical breakthroughs of the project itself, its implementation, profit model, and financing are absolutely key elements to focus on. The $55 million financing of succinct labs is a great case study!
Their ZK technology is amazing! The SP1 zkVM has lowered the ZK development threshold to the floor. The SP1 Hypercube relies on parallel algorithms and optimized compilers to boost TPS from 15-20 to over 10,000, with latency as low as milliseconds. Moreover, their lightweight framework has already started to be applied to Google Wallet for ZK age verification.
Most importantly, the profit model of $PROVE has been successfully validated! Rollup and cross-chain bridges are real demands driving proof generation, with customers paying in real money. After optimization, Polygon AggLayer's efficiency has increased tenfold, and the decentralized Prover network can reduce costs further. There are currently over 35 paying customers, and the ZK market is expected to grow by over 300% annually. Unlike single-chain projects that rely solely on their own transaction fees, it acts as a “toll fee” for the entire ZK market, where whoever uses it pays, showing immense potential.
The mainnet of $PROVE went live on August 5, and the coin price has performed remarkably, with yesterday’s performance standing out. For projects with solid fundamentals and core logic, it is worth considering to continuously build positions during the pullback phase and wait for the next wave of growth!
Additionally, you can participate in Binance's promotional activities, post tweets to climb the rankings and earn rewards—two birds with one stone; tech-savvy individuals can still run the testnet and use SP1 zkVM to develop DApps for ecosystem rewards.
Also, continue to gain followers; this post offers 66U big red envelopes 🎁
Feel free to share, first come, first served!
@Succinct #SuccinctLabsPROVE
When researching a project, the technical breakthroughs of the project itself, its implementation, profit model, and financing are absolutely key elements to focus on. The $55 million financing of succinct labs is a great case study!
Their ZK technology is amazing! The SP1 zkVM has lowered the ZK development threshold to the floor. The SP1 Hypercube relies on parallel algorithms and optimized compilers to boost TPS from 15-20 to over 10,000, with latency as low as milliseconds. Moreover, their lightweight framework has already started to be applied to Google Wallet for ZK age verification.
Most importantly, the profit model of $PROVE has been successfully validated! Rollup and cross-chain bridges are real demands driving proof generation, with customers paying in real money. After optimization, Polygon AggLayer's efficiency has increased tenfold, and the decentralized Prover network can reduce costs further. There are currently over 35 paying customers, and the ZK market is expected to grow by over 300% annually. Unlike single-chain projects that rely solely on their own transaction fees, it acts as a “toll fee” for the entire ZK market, where whoever uses it pays, showing immense potential.
The mainnet of $PROVE went live on August 5, and the coin price has performed remarkably, with yesterday’s performance standing out. For projects with solid fundamentals and core logic, it is worth considering to continuously build positions during the pullback phase and wait for the next wave of growth!
Additionally, you can participate in Binance's promotional activities, post tweets to climb the rankings and earn rewards—two birds with one stone; tech-savvy individuals can still run the testnet and use SP1 zkVM to develop DApps for ecosystem rewards.
Also, continue to gain followers; this post offers 66U big red envelopes 🎁
Feel free to share, first come, first served!
@Succinct #SuccinctLabsPROVE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
PROVE
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