💎 It is expected that in September, Boundless will soon have its TGE, let's take a quick look at the fundamentals of Boundless. Boundless @boundless_xyz, as the industry's first zkvm, is nearing the end of its testnet tasks, and it is estimated that the TGE will happen soon. Both Boundless and Succinct are working on ZK verification bilateral markets, with similar business models, making it hard not to compare them together 🤔 💡 Core differences between Boundless and Succinct If Succinct is like a ZK "bus line", then Boundless is like an open bidding "Didi ride-hailing model". ➤ Boundless: Focuses on open bidding, where requesters post tasks, and provers compete for tasks based on price, with prices fluctuating according to supply and demand, which helps to lower costs/increase throughput. ➤ Succinct: Relies on platform scheduling, primarily using its own network, emphasizing controllable paths, and is relatively less decentralized. Boundless is more like a "free market", while Succinct resembles a "planned economy"; opinions may vary, but I believe the potential of a free market is higher. 👉 Boundless ecosystem data Boundless is developed by @RiscZeroCN and is currently the first open and fully decentralized zero-knowledge proof market. Developers can delegate complex computational tasks to the Boundless network, which can then verify results on any chain through zk proofs. ➤ Number of participants in the testnet: 348,000, with 1,100 node miners and 8,800 participants in certification. ➤ The scale of single proofs has increased from 3B to 50B, with provers far exceeding similar projects, achieving the highest level of decentralization. 💎 Horizontal valuation Succinct's last round was valued at $850 million, launched on Binance and Upbit, currently maintaining a valuation of $1 billion. Boundless, in its last round in 2022, was only valued at $350 million, indicating significant room for growth. Seize the tail end of August; if you believe in decentralization and are optimistic about the free market, Boundless is definitely worth your attention! @Tinaliu333 @KaitoAI $PROVE $ETH #ZKvm