In the ZKP track, most projects position themselves as 'scene tool providers' — providing fault proof tools for Layer 2, providing data rights tools for industries, with functions limited to 'solving single link trusted issues'. Succinct's differentiated innovation is centered on SP1 zkVM, breaking out of the 'tool mindset' to build a 'trusted value hub' for the digital economy: it connects various trusted resources such as technology, scenes, and ecology, allowing trusted value to circulate across chains, be reused across scenes, and collaborate across entities, completely transforming the fragmented application status of ZKP technology into a core node for the circulation of trusted value in the digital economy.
The 'hub attribute' of SP1 is first reflected in the 'aggregation and scheduling of technical resources'. Traditional ZKP tools are often bound to a single technology stack, requiring reconstruction of core logic for algorithm iteration and chain adaptation, similar to isolated stations that struggle to connect different lines. Succinct designs a 'multi-technology compatible kernel' for SP1: at the cryptographic level, it can seamlessly connect to mainstream algorithms such as Plonk and Groth16, and support rapid adaptation of quantum-resistant cryptography schemes, allowing for algorithm updates without altering the underlying architecture; at the chain protocol level, through the RISC-V instruction set hub, it automatically accommodates different chain architectures such as Ethereum EVM, Bitcoin UTXO, and Solana Sealevel, making cross-chain trusted application development without separate adaptation; at the computing power level, it integrates FPGA clusters, CPU nodes, and cloud computing resources to form a 'flexible computing power pool', where small-scale scenarios can access low-cost CPU computing power (0.01 USD per transaction), while large-scale high-concurrency scenarios automatically expand FPGA computing power (20 times faster). This 'technical aggregation and scheduling' capability makes SP1 a 'hub' for technical resources, enabling a cross-chain DeFi project based on SP1 to complete the trusted cross-chain functionality development for Ethereum, Bitcoin, and BNB chains in just one week, while traditional solutions require three months to adapt to different chain protocols.
More importantly, the 'hub attribute' of SP1 is reflected in the 'connection and reuse of scene value'. Traditional ZKP tools generate trusted proofs that are often confined to 'scene-specific' — proof of equipment generated for financing cannot be used for compliance audits, and trusted data generated for carbon sinks is difficult to connect with cross-chain transactions. Succinct constructs a 'scene value connection protocol' through SP1: assigning a 'universal value label' to each trusted proof, such as the 'operation compliance label' of equipment proof that meets the acceptance standards of manufacturers, can also be used by banks as loan approval basis, and can be used by insurance companies for premium pricing; the 'emission compliance label' of carbon data proof meets the specifications of carbon trading platforms and can serve as a credit basis for green finance. This 'label-based connection' allows trusted value to be reused across different scenes: the equipment proof of a manufacturing enterprise passes compliance audits from the environmental protection department, obtains a low-interest loan of 3 million yuan from the bank, and achieves a 20% premium in the second-hand market, creating triple value from a single proof, completely breaking the limitation of 'one scene, one proof'.
The 'hub attribute' of SP1 is also reflected in the 'collaboration and win-win of ecological entities'. In the traditional ZKP ecosystem, developers, enterprises, and institutions are isolated, similar to passengers of different transportation methods who find it difficult to communicate. Succinct builds an 'ecological collaboration network' through SP1: scene modules developed by developers (such as carbon data validation, equipment operation and maintenance) can be uploaded to the 'hub module market', where developers receive continuous sharing when enterprises call; trusted resources generated by enterprises (such as idle equipment proofs, redundant carbon certificates) can be accessed in the 'hub resource pool', available for small and micro enterprises or individuals to call and pay; financial institutions develop innovative products (such as 'trusted score loans') based on the trusted data from SP1, which in turn encourages more enterprises to generate trusted proofs, forming a collaborative cycle of 'development → usage → value addition → redevelopment'. A developer team's 'photovoltaic carbon module' was adopted by 20 power stations, with an average monthly share exceeding 30,000 USD; the trusted carbon data from the power station helped the bank reduce the bad debt rate of green credit by 65%; the bank's business growth further encouraged more power stations to connect to SP1, with the ecological scale doubling within six months.
Succinct's core competitiveness has never been about 'leading technical parameters', but rather redefining the role of ZKP infrastructure with SP1 — it is no longer a single tool, but a 'trusted value hub' that can aggregate technical resources, connect scene value, and collaborate with ecological entities. This positioning makes SP1 a 'necessary node' for trusted demand in the digital economy, allowing enterprises, individuals, and institutions to efficiently obtain or output trusted value through SP1. As the digital economy comprehensively penetrates trusted demand, this 'hub-like' ZKP infrastructure of SP1 will become the core infrastructure supporting the industry from 'information interconnection' to 'trusted value interconnection', promoting ZKP technology from 'local application' to 'widespread adoption'.
