We have all heard stories about protocol breaches where users lost millions of dollars. But few consider: sometimes the threat to your assets is not in the breach of the smart contract itself, but in the erroneous data that this contract processes 🕵️♂️.
Example: you provide liquidity in a DeFi pool. The algorithm determines your profit based on external data — token prices, exchange rates, or even the state of another blockchain. If this data is falsified (due to an oracle or bridge attack), the smart contract can 'honestly' write off your assets to benefit the attacker. And the scariest part: the system will consider this a legal operation.
Here comes @Succinct . Their network of decentralized provers, combined with SP1, ensures that the data received by smart contracts is verified by zero-knowledge proofs. That is:
🔹 even if someone tries to substitute the source, they will not be able to forge the proof;
🔹 verification does not require 'trust' in a centralized intermediary;
🔹 your assets are protected at a mathematical level, not just at the code level.
This is a key shift for user security: instead of fighting the consequences of breaches, Succinct helps prevent attacks right at the data access stage.
📌 That's why you should subscribe to me — here you get real examples of how new crypto technologies protect not abstract 'systems', but specifically your assets.
And tomorrow we will touch on another topic that has long been in the shadows: can blockchain scaling be done without compromising security and decentralization? The answer in Succinct may surprise you… 🚀