Succinct: Making Zero-Knowledge Proofs a 'Universal Technology'
Zero-knowledge proofs were once a representation of 'high-end technology' in the blockchain field, seemingly belonging only to a few technical elites. However, Succinct is transforming this complex technology into a universal tool through technological innovation, allowing more projects and users to enjoy the security and privacy benefits it brings.
Its 'Universal Password' lies in lowering technical and economic barriers. Technically, the SP1 zkVM offers a foolproof development experience—developers can embed zero-knowledge proof functionalities into existing applications with simple API calls, without the need to delve deep into cryptographic principles. A small NFT project added an 'Ownership Anonymous Verification' feature for trading collectibles in just three days, allowing users to prove they are legitimate holders without exposing their wallet addresses.
Economically, the competitive mechanism of the decentralized prover network continues to drive down service costs. Currently, the cost of generating a standard proof has dropped to a few cents, and developers are even offered free testing quotas, allowing startup projects to easily experiment. This 'low-cost trial and error' model has spawned a multitude of innovative applications: from anonymous DAO voting to privacy-focused on-chain games, the application scenarios of zero-knowledge proofs are expanding at an unprecedented pace.
When technology is no longer out of reach, every Web3 participant can become a beneficiary of zero-knowledge proofs, which may very well be the true beginning of the universal benefits of blockchain technology.$PROVE
