Make 'proof' as simple as web requests: Succinct aims to be the general infrastructure for ZK
Imagine: you can easily request a zero-knowledge proof (ZKP) for 'correct program execution,' just like calling an API; this is no longer a dream—Succinct (PROVE) is making it happen.
Succinct is built on Ethereum and is a decentralized prover marketplace (Prover Network), consisting of zkVM (SP1) and an auction mechanism, enabling developers to submit software written in RISC-V or Rust to quickly generate verifiable proofs. Off-chain auctions and bidding ensure speed, while on-chain smart contracts guarantee full network verifiability, security, and fund withdrawal. This vApp architecture combines Web2 performance with Web3 verifiability, making it suitable for high-performance demand scenarios.
PROVE tokens serve as 'fuel' within the system: they are used to pay for proof fees, stake guarantees for participation security, and grant governance participation rights. Provers and delegators participate in auctions and earn rewards by staking PROVE, but violations may lead to slashing.
Currently, Succinct has entered a substantive phase with the mainnet launch and PROVE airdrop. The initial total issuance of tokens is 1 billion, with about 195 million (19.5%) circulating at the Bitget launch. Within 24 hours after going live on Bitget, PROVE surged over 50%. Mainstream metrics indicate that the network has processed over 5 million proof orders and has integrated support from over 35 projects, including Polygon, Lido, and Celestia, totaling over 4 billion dollars in secured assets.
Succinct's vision is to popularize ZK proof capabilities as an internet basic service, becoming a 'verifiable computing as a service' platform for decentralized applications.
