The second phase of Succinct @SuccinctLabs is estimated to begin! Now all you have to do is go to DC and bind your Twitter and test wallet address. Steps: 1️⃣ Enter any channel (Chinese users are recommended to choose Chinese channel): Connect Twitter: Enter /setx Twitter username (no @ required) 2️⃣ Bind Wallet: Enter /setaddress testnet wallet address 3️⃣ Check binding: Enter /viewinfo to confirm whether it is successful! Tip: Enter / in the channel, the command will automatically pop up, and the operation is super easy! If you missed the first installment, don't miss the second installment. I think this project is likely to be big hairy. It's one of my current key masturbation projects! Recently, Succinct Labs has made a number of important progresses. In March 2024, the company closed a $55 million seed and Series A funding round, showing its growth potential in the industry, according to Succinct on Crunchbase. In addition, according to the Succinct blog, Succinct recently launched the Succinct Prover Network testnet, a decentralized proof generation infrastructure designed to provide high-availability and low-cost proof generation services for rollups, coprocessors, and other applications that use zero-knowledge proofs. In addition, Succinct has partnered with several major blockchain projects. For example, Mantle Network adopted SP1 as its first ZK validity rollup, and Interchain Labs' IBC Eureka project also used Succinct's proverser network and SP1 to bridge between Cosmos and Ethereum. These collaborations show that Succinct's technology is being adopted by the industry and could have a profound impact on the scalability and interoperability of blockchains. Industry impact and analysis The advent of Succinct fills the gap in the developer-friendliness and scalability of ZKP technology. Compared to other ZKP solutions, SP1 is unique in its open-source nature and Rust language support, which lowers the technical barrier to entry for developers. According to in-depth analysis on Medium, Succinct's platform goal is to accelerate the adoption of ZKP, enabling developers from diverse backgrounds to quickly integrate it into their own solutions. In addition, Succinct's decentralized prover network solves the problems of high proof generation cost and poor scalability in traditional ZKP solutions. This is especially important for Layer 2 scaling solutions (such as rollups) and privacy-preserving applications (such as anonymous voting), which could drive the overall growth of the Web3 ecosystem. conclusion Research shows that Succinct Labs is driving the adoption of ZKP technology through its SP1 zkVM and decentralized provover network. Its open-source nature, Rust support, and recent testnet launch show its growth potential in the Web3 space. Collaborations with projects such as Mantle Network and IBC Eureka further confirm that its technology is being adopted by the industry. In the future, Succinct may play an important role in the scalability and privacy protection of blockchain, which deserves the attention of developers and investors.