Succinct releases Prover network architecture and PROVE Token

2025-05-20 02:15:28

Abstract generation in progress

Odaily News Succinct has launched the Prover network based on Ethereum, aiming to build a decentralized zk-SNARKs market. The network generates proofs for various applications by coordinating distributed provers. The core token PROVE is used for payments, incentivizing provers to participate in competitive pricing, and ensuring network security and governance through staking. The network adopts a combination of off-chain auction matching and on-chain settlement architecture to achieve efficient request processing and verifiable network status. PROVE token holders can participate in network governance. Succinct plans to release the testnet Stage 2.5 version in the coming weeks, at which point developers and verifiers will be able to experience the end-to-end service process.

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