
Bitalk|May 19, 2025 10:11
Why are you optimistic about Succinct, which recently encountered Fud?
Because ZK is an endgame. The previous ZKSync who said this sentence has already been equated with a failed project.
But Succinct may be different.
And without a doubt, @ SuccinchLabs is already one of the top ZK projects currently.
The following six reasons explain why Succinct is different:
1. Obtained a $55 million financing led by top venture capital fund Paradigm.
The ZKVM route is in line with V God's new proposal. Migrating the execution environment of Ethereum from traditional EVM (Ethereum Virtual Machine) to RISC-V architecture, ZKVM will become one of the core narratives of future Ethereum.
3. Core technology SP1. SP1 is currently the fastest ZKVM (4-28 times faster than other zkVMs). Moreover, SP1 has a strong market demand.
From the beginning, it was a project with revenue and demand. Polygon, Celestia, Avail, and others all use Succinct's infrastructure to build ZKP.
5. Developed a vApp. Developers can develop secure Web3 applications using Rust language (bypassing Solidity), while laying the foundation for future ecological prosperity.
6. @ SuccinchLabs' airdrop model is groundbreaking.
Compared to other projects, the quotas and roles for the @ SuccintLabs testing network are clear and transparent.
Most of the airdrops were given to early followers and contributors, in order to truly establish a community and distribute testnet quotas and roles.
This kind of attempt can successfully launch the project because it has a group of genuine seed supporters and provides them with motivation.
@0xCRASHOUT
@Naive_BNB
@lovecity0088
@succinct_zw
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