Zero-Knowledge proof technology (ZK) has been seen as a breakthrough in the blockchain field. However, the reality shows that ZK is often too complex to apply. Developers must 'struggle' with elliptic curve mathematics or spend months learning Circom.
Succinct Labs has emerged to change that.
🔑 Unique point of Succinct Labs
1. SP1 zkVM - 'Smart kitchen' for ZK
Instead of writing complex code to generate proofs, with @Succinct, developers only need to write logic in Rust. The rest - proof, verification, and sending reliable results to the blockchain - will be handled automatically by Succinct.
Fast speed, optimal performance.
Developer-friendly experience.
Like moving from camping to renting an Airbnb: convenient and saves effort.
2. Superior speed
4-28 times faster than traditional zkVM.
Save up to 100 times development time.
Help the development team focus on the application instead of getting tangled in the infrastructure.
3. Decentralized Prover network
Anyone can join the Prover network to create ZK proofs.
Competition mechanism: those who prove faster and cheaper will win.
Rewarded with PROVE tokens.
Ensuring a transparent, efficient, and anti-monopoly system.
4. PROVE Token
$PROVE not only serves as rewards for provers but also plays roles in:
Staking: protect the network.
Governance: participate in decision-making about the protocol's direction.
Protocol adjustments: help the system flexibly adapt to market needs.
📊 Practical acceptance
Mainnet is live, processing over 5 million proofs.
Trusted by many leading projects like Polygon, Celestia, Lido.
Total Value Locked (TVL) has surpassed 4 billion USD.
Successfully raised 43 million USD from the prestigious investment fund Paradigm.
🌍 The real meaning
#SuccinctLabs is transforming ZK technology - once seen as 'rocket science' - into practical, easy-to-use, and extremely efficient tools.
Developers only need to focus on application logic.
The complex proofing part has been handled by Succinct.
Making ZK no longer a barrier but a foundation to strongly promote Web3 development.
✨ Succinct Labs = Simple, fast, and practical proofs without information.
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