Today marks a landmark achievement for Succinct as we announce the mainnet launch of the world's first decentralized prover network. Alongside this milestone, the PROVE token is also live, forming the backbone of the proving economy by underpinning both payments and security across the network.

This accomplishment represents a tremendous amount of engineering effort, transforming the whitepaper vision into reality in just eight months. From conception to live deployment, this launch underscores the Succinct team's commitment to technical excellence, speed, and innovation. 

A Network Built for Institutional Adoption

The network already supports over 35 leading protocols, processes proofs from 1,700 unique programs, and has secured over $4 billion in value. More than five million proofs have been fulfilled to date for protocols such as Polygon, Mantle, Celestia, and Across. 

In recent months, Ethereum has undergone its most radical transformation since The Merge, with proposals to integrate ZK at the very heart of the protocol. The transition to real-time proving will achieve 10,000 TPS, a 500x increase from today's 15-20 TPS. Further, every L2 is migrating from 7-day optimistic rollups to instant ZK finality. In a shift away from legacy technology, rollup teams are embracing ZK wholeheartedly, portending an exponential increase in proof demand. In sum, the increased transaction throughput of these blockchains will correspond to hundreds of millions of dollars per year in recurring proofs. 

The Succinct Prover Network is purpose built to support these applications, making verifiable computation as simple as calling an API. It implements a two-sided marketplace on Ethereum, democratizing access to verifiable computation and giving every application a universal compute layer. Low latency auctions ensure transparent pricing for all participants. 

PROVE: The Foundation of the Proving Economy

Today, PROVE officially becomes the native token of the Succinct ecosystem. Because PROVE is agnostic to proof systems, L2 stacks, and consensus protocols, it is uniquely suited to become the currency in which all proofs are denominated. Further, PROVE is designed to align stakers, who contribute to the network’s security and reliability, directly with proof revenue. As proving volume grows, staking yields scale proportionally. 

For the last several months, we’ve had provers participate in the network in a testnet environment, where professional teams and community members alike have become familiar with staking and proving. As PROVE goes live on mainnet, we’re expecting provers to bring online much more capacity to service the needs of every application, supercharging the growth of the network.

For more information, read the PROVE documentation. 

The Succinct Ecosystem

The Succinct ecosystem has experienced significant growth in the last year, adding some of the most respected protocols in crypto across all the major ecosystems, including Ethereum, Bitcoin, and Solana. It’s become clear that every blockchain has a use case for ZK, making the arrival of the Succinct Prover Network particularly timely. 

By making it simple to use ZK, Succinct is lowering the barriers to verifiable computation for everyone. The prover network provides scalability and necessary privacy enhancements for the entire crypto industry. Further, as web2 companies and government institutions increasingly consider integrating ZK into their core infrastructure, Succinct will be uniquely ready to serve the needs of the internet of tomorrow, without requiring any cryptography expertise.

Start Building

Developers can now explore our documentation and easily begin building applications using ZK. Proof requests can be sent to a decentralized network of provers worldwide, making verifiable computation easier to adopt than ever.

If you’re interested in learning more, contact us. We can’t wait to see what you build. 

Contribute to the Network

We encourage participation in network development by submitting SIPs to the Succinct Forum and by staking PROVE with trusted provers to help secure the network. 

PROVE with us. 

Official Links

• Succinct Whitepaper: https://pdf.succinct.xyz/
• PROVE Documentation: https://docs.succinct.foundation/
• Succinct Forum: https://forum.succinct.xyz/
• X: https://x.com/SuccinctFND
• Blog: https://blog.succinct.foundation/

This blog post is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy PROVE tokens or any other financial instrument. Nothing herein should be considered investment, legal, or financial advice. Participation in the protocol or use of the PROVE token involves risk and may not be suitable for all users. Always do your own research and consult qualified professionals before making decisions. 

Certain statements in this post are forward-looking and are subject to change. They involve risks and uncertainties, and actual outcomes may differ materially.