Binance Square

ASHENAFITESGAYEGEREMEW

Open Trade
BNB Holder
BNB Holder
Frequent Trader
1.1 Years
12 Following
9 Followers
137 Liked
6 Shared
All Content
Portfolio
--
best
best
Binance Academy
--
What Is Succinct (PROVE)?
Key Takeaways

Succinct is building a protocol on Ethereum that coordinates a distributed network of provers to generate zero-knowledge proofs (ZKPs) for any piece of software.

The network’s goal is to make ZK proofs faster, cheaper, and easier to use without having to run your own proof infrastructure.

The protocol functions as a two-sided marketplace, connecting requesters and provers to support a wide range of applications such as bridges, oracles, and AI agents.

The network uses an off-chain auction system for matching requests to provers, with results settled on-chain via smart contracts.

Introduction

Zero-knowledge proofs (ZKPs) are a powerful way to prove something is true without revealing the details behind it. They’re used in everything from blockchains to privacy tools, but generating these proofs usually requires expensive hardware and deep knowledge of cryptography.

Succinct is building a protocol on Ethereum that makes this process easier. Instead of building custom infrastructure from scratch, developers can request proofs from a shared network of provers. This makes it easier to integrate ZKPs into applications like rollups, bridges, AI agents, and games without needing specialized hardware or advanced cryptographic knowledge.

What Is Succinct?

Succinct is building a decentralized prover network that anyone can use to request and generate ZKPs. The network serves as a marketplace where developers and applications can submit proof requests, and independent provers compete to generate those proofs in exchange for rewards. 

The network runs as a verifiable application (vApp), which means it is designed to feel like a fast, responsive web app, but everything under the hood is cryptographically secure and verifiable on-chain. 

Succinct Processor 1 (SP1) 

SP1, short for Succinct Processor 1, is a general-purpose zero-knowledge virtual machine (zkVM) developed by Succinct Labs. Its goal is to make zero-knowledge proof generation more accessible and developer-friendly. 

Instead of having to write complex cryptographic circuits, developers can use coding languages they already know, like Rust or C++. After writing their program, developers can compile and send it through SP1. Provers on the Succinct network would then run the program and generate verifiable proof that everything was executed correctly without exposing any of the data.

By removing the need for custom ZK stacks, SP1 helps bring ZKPs into more real-world applications like Artificial intelligence (AI) tools, games, and decentralized infrastructure.

How the Succinct Prover Network Works

A two-sided marketplace

The Succinct prover network is a decentralized protocol that connects two groups:

Requesters: Developers or applications that need ZK proofs.

Provers: Independent participants who generate ZK proofs.

When someone needs a ZK proof, they send a request into the network. Provers will compete and bid to take on the job, offering the best price or fastest turnaround.

Off-chain: The auctioneer

The matching between requesters and provers happen off-chain, through a system called the auctioneer. Everything happens through fast Remote Procedure Call (RPC) calls, so there is no waiting for blocks to confirm or dealing with slow on-chain interactions. That’s what makes the experience fast and responsive, as provers can see submitted proof requests immediately and start bidding right away.  

On-chain: Ethereum settlement

Even though all the matching and bidding happens off-chain, everything is settled and verified on Ethereum. The auctioneer regularly submits ZKPs that show everything was handled correctly, from who won the bid to how the proof was generated. All funds remain securely locked in Ethereum smart contracts, so no one has custody of your money and you can withdraw it at any time.

This separation between execution (off-chain) and settlement (on-chain) is central to Succinct’s architecture. It allows users to enjoy the speed of a modern web app while still benefiting from the transparency and trust guarantees of Ethereum.

Backend architecture

The backend architecture is designed so that anyone can independently verify what’s happening in the network. 

The auctioneer keeps a transparent record of user balances, proof requests, and completed jobs. To ensure everything can be verified, it creates Merkle proofs for every read and write, and regularly posts them to Ethereum so anyone can check that the data is accurate.

There is a dedicated prover service that reads from this database and uses SP1 to generate a ZKP of the network’s new state. This includes balance changes, job assignments, and proof deliveries. These proofs are regularly posted to Ethereum, allowing anyone to check that the network is functioning correctly even without trusting the auctioneer itself.

Succinct Use Cases

The Succinct Prover Network can support a wide range of blockchain and off-chain applications by making ZKP generation accessible and efficient. Some key areas include:

Cross‑chain bridges: Verifying data or messages from one blockchain on another without relying on a trusted intermediary.

ZK-rollups: Helping rollups scale more efficiently by offloading proof generation to a decentralized network of provers. 

Verifiable computation: Proving that off-chain processes (like AI inference, simulations, or financial calculations) were run correctly and haven’t been tampered with.

Light clients: Enabling lightweight blockchain nodes to verify on-chain data using compact ZK proofs instead of downloading the entire blockchain’s history.

The PROVE Token

The PROVE token is an ERC-20 token issued on Ethereum and the native utility token of the Succinct protocol. The token can be used for a variety of purposes, including:

Payment: PROVE is used to pay for proof generation. When rollups, bridges, or DApps submit proof requests to the network, they pay provers in PROVE.

Staking: Provers can stake PROVE to join auctions and earn jobs. The more they stake, the more requests they can handle. But if they fail to deliver or submit a faulty proof, part of their stake can be slashed as a penalty. 

Delegation: Token holders can delegate their PROVE to provers and can earn a share of the prover's earnings. The Succinct foundation offers extra staking rewards to encourage early participation.

Governance: At launch, a security council manages upgrades. Over time, governance will move fully on-chain, and PROVE holders will vote on protocol changes, funding decisions, and network parameters.

Succinct (PROVE) on Binance HODLer Airdrops

On August 5, 2025, Binance announced PROVE as the 31st project on the Binance HODLer Airdrops. Users who subscribed their BNB to Simple Earn and/or On-Chain Yields products from July 9 to 12 were eligible to receive PROVE airdrops. A total of 15 million PROVE tokens were allocated to the program, accounting for 1.50% of the total token supply.

PROVE was listed with the Seed Tag applied, allowing for trading against the USDT, USDC, BNB, FDUSD, and TRY pairs.

Closing Thoughts

Zero-knowledge proofs are becoming an important part of blockchain infrastructure, helping to scale networks, enable privacy, and verify off-chain computation. By combining an open marketplace, a performant zkVM, and a secure staking model, Succinct is helping make ZK proofs more practical and accessible for real-world use.

Further Reading

What Are ZKThreads and How Do They Work?

What Are Appchains (Application-Specific Blockchains)?

What Is Chain Abstraction?

Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
$ENA Coin pair $ENA is gaining traction as traders explore emerging ecosystems in the DeFi space. As Ethena ($ENA) continues to develop its synthetic dollar protocol and expand its utility, this pair offers both speculative potential and real DeFi innovation. Traders should monitor volume, sentiment, and development milestones to spot opportunities early. Volatility remains a key factor, so tight stop-losses and solid research are essential. Whether you're swing trading or HODLing, $ENA is becoming a coin pair to watch.
$ENA
Coin pair $ENA is gaining traction as traders explore emerging ecosystems in the DeFi space. As Ethena ($ENA ) continues to develop its synthetic dollar protocol and expand its utility, this pair offers both speculative potential and real DeFi innovation. Traders should monitor volume, sentiment, and development milestones to spot opportunities early. Volatility remains a key factor, so tight stop-losses and solid research are essential. Whether you're swing trading or HODLing, $ENA is becoming a coin pair to watch.
#CFTCCryptoSprint #CFTCCryptoSprint marks a major push toward clearer crypto regulation in the U.S. As the CFTC gathers input from industry leaders, developers, and investors, the goal is to build smarter frameworks for DeFi, stablecoins, and digital asset markets. This initiative signals growing government interest in balancing innovation with consumer protection — a key milestone for the future of crypto in America. Traders and builders alike should watch this sprint closely, as its outcomes could reshape compliance, token listings, and cross-border operations. Regulation is coming — and #CFTCCryptoSprint is where it begins.
#CFTCCryptoSprint
#CFTCCryptoSprint marks a major push toward clearer crypto regulation in the U.S. As the CFTC gathers input from industry leaders, developers, and investors, the goal is to build smarter frameworks for DeFi, stablecoins, and digital asset markets. This initiative signals growing government interest in balancing innovation with consumer protection — a key milestone for the future of crypto in America. Traders and builders alike should watch this sprint closely, as its outcomes could reshape compliance, token listings, and cross-border operations. Regulation is coming — and #CFTCCryptoSprint is where it begins.
#CreatorPad The rise of decentralized platforms is fueling creator-focused ecosystems like #CreatorPad, where blockchain enables fairer monetization. Projects like Conflux ($CFX) offer scalable infrastructure for these platforms, supporting fast and affordable transactions in creator economies. As NFTs, DeFi, and community-owned networks evolve, $CFX is gaining attention for its Asia-focused compliance and hybrid consensus. With CreatorPad and similar platforms enabling tokenized influence, $CFX could play a key role in future creator tooling and DAO funding models.
#CreatorPad
The rise of decentralized platforms is fueling creator-focused ecosystems like #CreatorPad, where blockchain enables fairer monetization. Projects like Conflux ($CFX) offer scalable infrastructure for these platforms, supporting fast and affordable transactions in creator economies. As NFTs, DeFi, and community-owned networks evolve, $CFX is gaining attention for its Asia-focused compliance and hybrid consensus. With CreatorPad and similar platforms enabling tokenized influence, $CFX could play a key role in future creator tooling and DAO funding models.
$CFX As adoption grows, #BTCReserveStrategy is becoming popular among institutions, but altcoins like $CFX are also gaining ground. Conflux ($CFX) is building scalable blockchain infrastructure with regulatory support in Asia, making it a strategic asset for future portfolios. Its low fees and high throughput make it ideal for cross-border applications. As investors diversify beyond Bitcoin, assets like it offer long-term potential with strong fundamentals. Pairing it with stablecoins or BTC on exchanges provides trading opportunities with favorable liquidity and volatility.
$CFX
As adoption grows, #BTCReserveStrategy is becoming popular among institutions, but altcoins like $CFX are also gaining ground. Conflux ($CFX ) is building scalable blockchain infrastructure with regulatory support in Asia, making it a strategic asset for future portfolios. Its low fees and high throughput make it ideal for cross-border applications. As investors diversify beyond Bitcoin, assets like it offer long-term potential with strong fundamentals. Pairing it with stablecoins or BTC on exchanges provides trading opportunities with favorable liquidity and volatility.
#BTCReserveStrategy Institutions are reshaping treasury models with a #BTCReserveStrategy — but what about income-backed assets? 💡 @humafinance enables real-world cash flow to join on-chain reserves, building a stronger DeFi foundation.
#BTCReserveStrategy
Institutions are reshaping treasury models with a #BTCReserveStrategy — but what about income-backed assets? 💡 @humafinance enables real-world cash flow to join on-chain reserves, building a stronger DeFi foundation.
#CreatorPad #CryptoPad is the gateway for launching next-gen crypto projects. From idea to token launch, it empowers builders in DeFi, NFTs, and Web3 to access tools, funding, and community in one place.
#CreatorPad
#CryptoPad is the gateway for launching next-gen crypto projects. From idea to token launch, it empowers builders in DeFi, NFTs, and Web3 to access tools, funding, and community in one place.
#CreatorPad #CreatorPad is where Web3 visionaries bring ideas to life. Whether it’s NFTs, DeFi, or GameFi — this launchpad empowers creators to launch bold, blockchain-powered projects and connect with real communities.
#CreatorPad

#CreatorPad is where Web3 visionaries bring ideas to life. Whether it’s NFTs, DeFi, or GameFi — this launchpad empowers creators to launch bold, blockchain-powered projects and connect with real communities.
#ProjectCrypto #ProjectCrypto is more than a trend — it's a movement reshaping finance, ownership, and opportunity. From DeFi to NFTs, blockchain empowers individuals with tools to build, earn, and innovate without borders. The future is decentralized, and #ProjectCrypto is leading the way. Are you part of the evolution?
#ProjectCrypto

#ProjectCrypto is more than a trend — it's a movement reshaping finance, ownership, and opportunity. From DeFi to NFTs, blockchain empowers individuals with tools to build, earn, and innovate without borders. The future is decentralized, and #ProjectCrypto is leading the way. Are you part of the evolution?
#CreatorPad #CreatorPad Empowering the next generation of Web3 builders! From NFTs to DeFi, CreatorPad turns bold ideas into blockchain realities. 🚀 Your journey starts here. 💡 Dream. Build. Launch.
#CreatorPad
#CreatorPad
Empowering the next generation of Web3 builders! From NFTs to DeFi, CreatorPad turns bold ideas into blockchain realities. 🚀 Your journey starts here.
💡 Dream. Build. Launch.
#CreatorPad #CreatorPadChallenge Empowering the next generation of Web3 builders! From NFTs to DeFi, CreatorPad turns bold ideas into blockchain realities. 🚀 Your journey starts here. 💡 Dream. Build. Launch.
#CreatorPad
#CreatorPadChallenge
Empowering the next generation of Web3 builders! From NFTs to DeFi, CreatorPad turns bold ideas into blockchain realities. 🚀 Your journey starts here.
💡 Dream. Build. Launch.
#CreatorPad #CreatorPad is revolutionizing the way Web3 creators launch, collaborate, and grow their projects. As a launchpad tailored for artists, developers, and innovators, it offers user-friendly tools for building communities, minting NFTs, and managing token launches without deep technical knowledge. With a decentralized ethos and creator-first features, it empowers visionaries to fund ideas transparently and reach global audiences. Whether you're an independent builder or part of a larger team, CreatorPad streamlines the process of turning ideas into blockchain-powered realities. The future of creation is on-chain — and it is leading the charge for accessible, fair, and efficient project launches.
#CreatorPad
#CreatorPad is revolutionizing the way Web3 creators launch, collaborate, and grow their projects. As a launchpad tailored for artists, developers, and innovators, it offers user-friendly tools for building communities, minting NFTs, and managing token launches without deep technical knowledge. With a decentralized ethos and creator-first features, it empowers visionaries to fund ideas transparently and reach global audiences. Whether you're an independent builder or part of a larger team, CreatorPad streamlines the process of turning ideas into blockchain-powered realities. The future of creation is on-chain — and it is leading the charge for accessible, fair, and efficient project launches.
#CreatorPad #CreatorPad is revolutionizing the way Web3 creators launch, collaborate, and grow their projects. As a launchpad tailored for artists, developers, and innovators, it offers user-friendly tools for building communities, minting NFTs, and managing token launches without deep technical knowledge. With a decentralized ethos and creator-first features, #CreatorPad empowers visionaries to fund ideas transparently and reach global audiences. Whether you're an independent builder or part of a larger team, CreatorPad streamlines the process of turning ideas into blockchain-powered realities. The future of creation is on-chain — and #CreatorPad is leading the charge for accessible, fair, and efficient project launches.
#CreatorPad
#CreatorPad is revolutionizing the way Web3 creators launch, collaborate, and grow their projects. As a launchpad tailored for artists, developers, and innovators, it offers user-friendly tools for building communities, minting NFTs, and managing token launches without deep technical knowledge. With a decentralized ethos and creator-first features, #CreatorPad empowers visionaries to fund ideas transparently and reach global audiences. Whether you're an independent builder or part of a larger team, CreatorPad streamlines the process of turning ideas into blockchain-powered realities. The future of creation is on-chain — and #CreatorPad is leading the charge for accessible, fair, and efficient project launches.
https://www.binance.com/activity/word-of-the-day/G1155546577895555073/shared?shareParam=eyJhY3Rpdml0eUlkIjoiRzExNTU1NDY1Nzc4OTU1NTUwNzMiLCJuZXdzSWQiOjg4ODA4OTM1NTcwNjUxNTI0OSwicm91bmQiOjQsInVzZXJLZXkiOiJXVTExNTY0NzE0MzQ4NDg5ODkxODUifQ%3D%3D
https://www.binance.com/activity/word-of-the-day/G1155546577895555073/shared?shareParam=eyJhY3Rpdml0eUlkIjoiRzExNTU1NDY1Nzc4OTU1NTUwNzMiLCJuZXdzSWQiOjg4ODA4OTM1NTcwNjUxNTI0OSwicm91bmQiOjQsInVzZXJLZXkiOiJXVTExNTY0NzE0MzQ4NDg5ODkxODUifQ%3D%3D
@humafinance amazing in Ethiopia we participate in this campaign which is transforming credit access with on-chain innovation. Tokenized, income-backed finance is the future of Web3. #Humafinances
@Huma Finance 🟣 amazing in Ethiopia we participate in this campaign which is transforming credit access with on-chain innovation. Tokenized, income-backed finance is the future of Web3. #Humafinances
@Square-Creator-93ebc03a113ad nce is transforming credit access with on-chain innovation. Tokenized, income-backed finance is the future of Web3. #HumaFinance
@HumaFinance nce is transforming credit access with on-chain innovation. Tokenized, income-backed finance is the future of Web3. #HumaFinance
@humafinance is transforming credit access with on-chain innovation. Tokenized, income-backed finance is the future of Web3. #HumaFinance
@humafinance is transforming credit access with on-chain innovation. Tokenized, income-backed finance is the future of Web3. #HumaFinance
@humafinance is bridging traditional finance with Web3 by enabling tokenized, income-backed credit rails. The future is now. #HumaFinance
@humafinance is bridging traditional finance with Web3 by enabling tokenized, income-backed credit rails. The future is now. #HumaFinance
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

sidrah sid
View More
Sitemap
Cookie Preferences
Platform T&Cs