🚀 SP1 and Verifiable Identity
Digital identity is plagued by forgery. Succinct provides cryptographic assurance.
⚙️ How it works
An application can encode user attributes into SP1 programs. Provers run them, producing proofs that claims are valid without exposing private data. $PROVE ensures incentives remain aligned for accurate computation.
📊 Example
A decentralized exchange could verify a trader is KYC-compliant without seeing their documents. SP1 proves the compliance check ran correctly, verifiable in milliseconds.
🧠 Why it matters
This merges privacy with trust, critical for regulated industries.
💡 Possibility
Verifiable identity may become the next killer app for SP1, balancing regulation with decentralization.
🤔 Would you trust identity systems more if every claim came with a proof?