Succinct Releases Prover Network Architecture and PROVE Token
Odaily News Succinct launched the Ethereum-based Prover Network, which aims to build a decentralized zero-knowledge proof market. The network generates proofs for various applications by coordinating distributed provers. The core token PROVE is used to pay and incentivize provers to participate in competitive pricing, and to ensure network security and governance through staking.
The network uses an architecture that combines off-chain auction matching with on-chain settlement 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 a few weeks, when developers and provers will be able to experience the end-to-end service process.
