@Succinct Riding the Waves: #Succinct and $PROVE

Unlocking New Value for ZK

Zero-knowledge proofs were once a 'potential stock' in the Web3 field, but due to difficult implementation and high thresholds, their value has long been unreleased. However, SuccinctLabs is using the Succinct ecosystem as a carrier, combined with the empowerment of the PROVE ecosystem, to transform ZK technology from 'theoretical potential' to 'actual value', opening a new stage of development.

Succinct's optimization of user experience has fundamentally changed the perception of ZK technology applications. In the past, operating flash loans on decentralized exchanges involved complex on-chain calculations that could cause transaction times to exceed 5 minutes, with gas fees sometimes surpassing the gains from small transactions. After integrating the ZK solution from #Succinct , the transaction logic has been compressed into efficient proof, allowing confirmation within 10 seconds and reducing fees by 70%. This breakthrough stems from the technical depth of SuccinctLabs: the self-developed zkVM can convert complex calculations into secure and verifiable proofs, achieving a balance of 'speed, cost, and security'.

The prosperity of the developer ecosystem further amplifies the value of Succinct. The toolkit launched by @Succinct is like a 'ZK development artifact', with a modular design that allows developers to add privacy or scaling features to DApps without building a cryptographic framework from scratch; they can simply combine modules. A well-known DeFi project utilized this toolkit to launch a privacy trading feature in just two weeks, boosting development efficiency by 80%. PROVE plays a key role in this process: developers staking PROVE can receive priority technical support, and users holding it can enjoy discounts on services within the ecosystem, forming a 'develop-use-incentivize' closed loop.

The decentralized prover network created by SuccinctLabs further equips Succinct with large-scale service capabilities—global nodes collaboratively generate ZK proofs, avoiding single-point risks while enhancing processing speed, supporting core scenarios like Layer2 public chains. As the ecosystem continues to expand, the value of $PROVE will rise in tandem, becoming the core hub for the release of ZK technology value.