Succinct Launches SP1 zkVM Mainnet: Accelerating ZK Proof and Verification Processes
Publication Time:2024-08-07 09:36:06
ZK proof startup Succinct Labs has successfully launched the SP1 zkVM mainnet, aimed at enhancing the efficiency of ZK proofs and verifications. This innovative platform enables users to rapidly create and execute on-chain verified ZK proofs on any EVM-compatible chain. Through the SP1 zkVM mainnet, over $1 billion in total value locked (TVL) has been secured, with over 10,000 proof operations achieved on GPU provers. This milestone signifies further advancements and applications of ZK technology in the blockchain field, promising safer and more efficient transaction experiences for users.
Blockchain
SP1 zkVM
ZK Proofs
EVM-compatible chains