Decentralized Prover Network Makes its Mainnet Debut: Succinct Leads the Way
The Succinct Prover Network, a groundbreaking decentralized infrastructure for requesting and verifying zero-knowledge (ZK) proofs, has officially been deployed as a mainnet. This network simplifies ZK proofs, enabling developers to build trustless applications without compromising performance or usability.
The network operates as a two-sided marketplace on Ethereum, allowing applications to submit proof requests and provers to compete to fulfill them. With over 1,700 unique programs supported, it processes millions of proofs, securing over $4 billion in value.
One of the main features of the Succinct Prover Network is its support for multiple proof systems, including SNARKs, STARKs, and custom zkVMs. This flexibility allows it to be compatible with various chains, making it an ideal solution for ZK-rollups, cross-chain bridges, verifiable off-chain computations, and light clients.
The network's native utility token, PROVE, is activated, providing an economic foundation for paying provers and securing the network. It enables token holders to delegate their tokens and participate in on-chain governance.
Succinct lowers the barrier to entry for developers by allowing proof generation directly from ordinary code. Unlike older ZKP frameworks that require specialized cryptographic expertise, Succinct allows developers to leverage their existing skills to build privacy-preserving applications.
The Succinct Prover Network supports over 35 leading protocols, including Polygon, Mantle, Celestia, and Lido. This broad compatibility and multi-chain support make it a versatile tool for the Web3 ecosystem.
For press inquiries, contact Chase Devens at [email protected]. Developers can start building with the Succinct Prover Network by visiting docs.succinct.xyz. The network aims to power applications on Ethereum, rollups, and other systems, fostering the broad adoption and practical use of ZK proofs across blockchain and off-chain applications.
- The Succinct Prover Network, deployed as a mainnet on Ethereum, enables decentralized trading by allowing applications to submit proof requests and provers to compete in fulfilling them, all while simplifying zero-knowledge (ZK) proofs.
- This network supports over 1,700 unique programs, capable of processing millions of proofs, securing over $4 billion in value, and is compatible with various chains due to its flexibility in supporting multiple proof systems.
- The network's native utility token, PROVE, provides an economic foundation for the network, allowing token holders to delegate their tokens, participate in on-chain governance, and pay provers.
- With Succinct, developers can generate proofs directly from ordinary code, lowering the barrier to entry compared to older ZKP frameworks that required specialized cryptographic expertise.
- The network supports over 35 leading protocols, including Polygon, Mantle, Celestia, Lido, and others, making it a versatile tool for the Web3 ecosystem.
- By leveraging artificial-intelligence and advanced technology, the Succinct Prover Network aims to power crypto applications on Ethereum, rollups, and other systems, fostering the broad adoption and practical use of ZK proofs across blockchain and off-chain applications within the finance industry.
