PROVE – Token of Succinct and the future of Zero-Knowledge infrastructure
In the multi-chain blockchain era, the need for secure and trustless data transfer between networks is increasingly urgent. Succinct was created with the goal of building Zero-Knowledge Proofs (ZKPs) infrastructure, allowing blockchains to validate data with each other without intermediaries.
The PROVE token is at the center of the ecosystem:
• Payments & service fees: PROVE is used to pay for creating and verifying ZK proofs.
• Incentives: Contributors of computational resources to create proofs will be rewarded with PROVE.
• Governance: PROVE holders participate in strategic decision-making, technology upgrades, and development direction of Succinct.
With PROVE, Succinct aims to build a common infrastructure network for the entire Web3, where data and value can move seamlessly across chains while ensuring absolute security. This is a significant advancement in connecting blockchains at the infrastructure layer.