ALONDRACRYPTO - PORTALLATINO
--
$PROVE Succinct Labs is a startup based in San Francisco aimed at democratizing zero-knowledge proof (ZKP) technology. To achieve this, they have developed SP1 zkVM, an open-source zero-knowledge virtual machine that allows developers to write ZKPs in Rust, eliminating cryptographic complexities. This accelerates the development process and allows engineers to focus on the logic of their applications instead of complex circuits. #succinctLabs @Succinct
Additionally, the company has created a decentralized network of Provers on Ethereum, which enables developers to outsource proof generation. This network ensures high availability, scalability, and competitive pricing. With $55 million in funding and strategic partnerships with industry leaders like Celestia, Wormhole, and Polygon, Succinct Labs is making ZKPs more accessible and practical for a wide range of applications, including rollups, interoperability, and decentralized finance (DeFi). Their focus on open innovation and reducing technical costs highlights their position in the market.
Additionally, the company has created a decentralized network of Provers on Ethereum, which enables developers to outsource proof generation. This network ensures high availability, scalability, and competitive pricing. With $55 million in funding and strategic partnerships with industry leaders like Celestia, Wormhole, and Polygon, Succinct Labs is making ZKPs more accessible and practical for a wide range of applications, including rollups, interoperability, and decentralized finance (DeFi). Their focus on open innovation and reducing technical costs highlights their position in the market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
10
0