Is SP1 really 10 times faster than traditional ZK? Can your transactions be even faster?
This week, Binance's ZK-rollup token has launched at lightning speed, prompting everyone to start comparing different platforms... In this article, we discuss whether Succinct Labs' SP1 can make transaction verification as straightforward as taking an elevator straight to the top.
SP1 adopts a precompile-centric architecture, using handwritten optimized circuits to create 'super accelerators' for commonly used computations (like hash and signatures), achieving speeds 5–10 times faster.
It also supports recursion and on-chain verification, allowing a transaction to self-verify upon completion, much like clapping for oneself.
Market enthusiasm: its +35 partners and $4B+ TVL serve as strong endorsements for the SP1 architecture.
"Proving with SP1 is smoother than playing video games," is a common analogy people use to describe its speed.
Binance's ZK-rollup enhances transaction speed and privacy, but the architecture is still closed; SP1 is an open-source and decentralized foundational layer, like LEGO bricks that you can freely assemble: you can build transaction verification, cross-chain bridges, or privacy identities without having to develop the entire solution yourself.
As for me at MooKing, I would still take my profits to buy $BTC, but I will keep an eye on this underlying technology. If it can integrate with Binance in the future, it could bring a cheaper and more private trading experience using SP1.
Would you prefer to trade on Binance's ZK layer or hope that SP1 gets integrated for use together?
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