Currently, cross-chain and Rollup technology is developing rapidly, but there is a major problem: how to confirm that the situation on other chains is real without relying on a central authority to relay the message (the so-called 'centralized relay')?
@Succinct Prove is working on solving this issue.
It has developed its own zk system called SP1, and Prove relies on this SP1 to efficiently produce 'cross-chain state proofs' - simply put, it can provide solid evidence proving that the information on other chains is not fabricated. At the same time, it also offers general verification tools, allowing different chains to collaborate using these tools.
Moreover, this SP1 has two major advantages: first, it can handle multiple tasks simultaneously (that's 'parallel circuits'), and it is also compatible with common code formats (that's 'WASM compilation'), significantly improving performance compared to before; second, it is completely open and free, allowing other developers to use it and create their own zk applications.
As for how to make money, Succinct does not directly create cross-chain 'bridges' but provides a Prove API - in simple terms, it's a 'proof service'. Whether it's other chains or various DApps, if they want to verify information from external chains, they can directly call its verification functionality, and Succinct continuously earns money from this basic service.
This means that Prove will become the 'invisible infrastructure' in the field of cross-chain verification - just as AWS is a fundamental service for the internet, in the future, countless applications may rely on it to function properly.
