#Succinct Leading Change: @Succinct Making ZK Technology Accessible to Everyone
Zero-knowledge proofs were once considered a "niche technology" in the Web3 space due to their complexity and high barriers to entry. However, @Succinct , through the #Succinct ecosystem, is rewriting this narrative—transforming ZK technology from being exclusive to professional teams to a tool that ordinary users and developers can easily use.
For users, the changes brought by #Succinct are immediate. When performing flash loan operations on decentralized exchanges, the traditional process takes several minutes due to the large on-chain computation, and users not only have to wait but also pay high Gas fees. With the ZK solution provided by #Succinct , transaction proofs are highly compressed, allowing for confirmation within 10 seconds and reducing transaction fees by 70%. This "cost reduction and speedup" is supported by @Succinct 's self-developed zkVM technology: it can convert complex computations into secure and verifiable proofs, balancing efficiency and security.
Developers have found an "accelerator" in the #Succinct ecosystem. The modular toolkit provided by @Succinct acts like a "ZK component library," allowing developers to add privacy protection or scaling features to their DApps without needing to delve deeply into cryptography; they just need to combine modules. A leading stablecoin project leveraged this toolkit and completed the development of a privacy transfer feature in just two weeks, reducing the traditional development cycle by 80%. $PROVE
As an ecological link, further incentivizing participation: developers staking PROVE can receive priority technical support, while users holding it can enjoy fee discounts within the ecosystem.