Succinct @SuccinctLabs Phase 2 is estimated to start soon! Here's what you need to do now: bind your Twitter and test wallet address in the Discord (dc). Steps: 1️⃣ Enter any channel (Chinese users are recommended to choose the Chinese channel): Bind Twitter: Type /setx Twitter username (no @ needed) 2️⃣ Bind wallet: Type /setaddress testnet wallet address 3️⃣ Check binding: Type /viewinfo to confirm if it was successful! Tip: Type / in the channel, and the command will automatically pop up—super easy to operate! If you missed Phase 1, don't miss Phase 2. I think this project has great potential. It's one of the key projects I'm focusing on right now! Recently, Succinct Labs has made several significant advancements. According to Crunchbase's information on Succinct, the company completed a $55 million seed and Series A funding round in March 2024, showcasing its growth potential in the industry. Additionally, 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 using zero-knowledge proofs. Moreover, Succinct has collaborated with several major blockchain projects. For example, Mantle Network adopted SP1 as its first ZK validity rollup, and Interchain Labs' IBC Eureka project used Succinct's Prover Network and SP1 to bridge Cosmos and Ethereum. These collaborations demonstrate that Succinct's technology is being adopted by the industry and may have a profound impact on blockchain scalability and interoperability. Industry Impact and Analysis Succinct's emergence addresses the gaps in developer-friendliness and scalability within ZKP technology. Compared to other ZKP solutions, SP1 stands out for its open-source nature and Rust language support, lowering the technical barriers for developers. According to an in-depth analysis on Medium, Succinct's platform aims to accelerate ZKP adoption, enabling developers from diverse backgrounds to quickly integrate it into their solutions. Furthermore, Succinct's decentralized Prover Network solves the high proof generation costs and poor scalability issues of traditional ZKP solutions. This is particularly important for Layer 2 scaling solutions (like rollups) and privacy-preserving applications (like anonymous voting), potentially driving the overall development of the Web3 ecosystem. Conclusion Research indicates that Succinct Labs is driving the adoption of ZKP technology through its SP1 zkVM and decentralized Prover Network. Its open-source nature, Rust support, and recent testnet launch highlight its growth potential in the Web3 space. Collaborations with projects like Mantle Network and IBC Eureka further confirm its technology's industry adoption. In the future, Succinct may play a significant role in blockchain scalability and privacy protection, making it worth the attention of developers and investors.