@Succinct built Succinct Prover Network and SP1 zkVM are transformative innovations in the Web3 space, bringing exceptional performance and usability to Zero-Knowledge Proofs (ZKP)! The Succinct Prover Network allows developers to generate ZK proofs at extremely low costs and complexities through a decentralized prover marketplace, eliminating the need to build complex infrastructure from scratch. SP1 supports generating efficient ZKPs by writing ordinary code in Rust, significantly lowering the development barrier. Data shows that Succinct has supported over 35 protocols, processed more than 5 million proofs for over 1700 unique programs, locking in a value of over $4 billion, showcasing its strong ecological influence.

$PROVE token is the core of the network, incentivizing provers to participate and support decentralized governance, ensuring the high availability and security of the network. Its auction mechanism optimizes proof generation costs through competition, reducing on-chain verification costs by about tenfold. The launch of SP1 Hypercube has achieved real-time proof of Ethereum mainnet blocks (over 90% of blocks completed within 12 seconds), providing unparalleled efficiency for ZK rollups and cross-chain bridges. I particularly appreciate Succinct's collaborations with projects like Polygon and Celestia, demonstrating its cross-chain interoperability.

In the future, I look forward to @Succinct further optimizing SP1's performance, expanding to more blockchains, and promoting the application of ZK in AI and privacy protection. Succinct is leading the era of "verifiable computation," making blockchain safer and more efficient! #SuccinctLabs $PROVE