Succinct (PROVE) is a decentralised zero-knowledge infrastructure protocol that makes it easier for developers to create and verify zero-knowledge proofs (ZKPs) across blockchain and off-chain environments. Its core technology, SP1, is a general-purpose zero-knowledge virtual machine (zkVM) that allows developers to generate proofs for any computation written in standard programming languages like Rust.
The PROVE token powers the Succinct Prover Network, incentivising participants to efficiently generate ZK proofs while supporting staking, governance, and a decentralised proof marketplace. By simplifying access to advanced cryptography, Succinct brings scalability, privacy, and trustless verification to blockchain applications and real-world computation.
Succinct operates on Ethereum and other compatible networks, using smart contracts to coordinate proof generation, staking, and governance. Developers submit proof requests that are executed by independent provers running the SP1 zkVM, which generates proofs verifying the correctness of computations without revealing underlying data.
A unique proof contest mechanism allows provers to compete for tasks, ensuring fast and cost-efficient proof generation. Rewards are distributed in PROVE tokens based on accuracy and performance. The protocol leverages Ethereum’s Proof-of-Stake (PoS) consensus for security, while the token enables:
Succinct provides scalable and verifiable computation for a wide range of applications, including: