The Succinct project opens a new chapter in blockchain technology using zkSNARKs — innovative cryptographic methods.

Succinct* aims to create a network of decentralized and secure layers linking blockchains and building tooling for zero-knowledge proof technology, to make it easier for others to use advanced cryptography in their blockchain applications.*

Fundrasing:

***Succinct ****has received financial backing from High Tier funds such as:****Paradigm (*BLAST, StarkNet), Bankless (ether.fi,Renzo) *and Angel Investors like ****Sandeep Nailwal ***(Puffer Finance, Lens Protocol)

There is information about only one investment round (Seed+Series A), as a result of which the project received support of $55M.

cryptorank.io

Also the project received an “extremely generous” grant from Gnosis DAO, creators of the Gnosis Chain network and the Gnosis Safe product.A similar grant was received from 0xPARC, a project that funds innovation on the Ethereum network and is closely affiliated with the Ethereum Foundation.

Succinct logo

Succinct has a advantages — such as:— speed— scalability— security

Let’s take a closer look:

1.Efficient Lightweight Client for Ethereum PoS: Succinct has created a lightweight client for Ethereum that significantly saves resources. It makes working with Ethereum faster and easier.

2.Telepathy and zkSNARKs: This technology enables reliable state verification of different blockchains, enabling secure communication between them.

3.Bridge between Goerli and Gnosis Chain: The bridge connects the Ethereum test network (Goerli) and Gnosis Chain, allowing token exchanges between the networks.

4.BTC Warp: This project aims to reduce the amount of data required to work with Bitcoin, thanks to zkSNARKs.

**Succinct **aims to make blockchain more accessible and secure by making it easier to use.

There’s two options:

**Succuint Discord:**You can be active member of Succinct discord community and get roles.

What roles exactly i can earn?And why should i do that?

There’s a list of roles you can earn:

a) 🎨**@zkART — **Given to those who create high quality, original artwork or videos about our community.

b) 🤝**@Rustacean — **Given to members who actively contribute on X and Discord, such as creating memes or infographics, writing threads, engaging with our team’s X posts, and other ways listed in ⁠special channel. They call contributors Rustacean’s because our zkVM uses Rust as it’s programming language and the icon is Ferris the crab, the unofficial mascot of Rust language.

Ferris (Art from Succinct Official Discord server)

c)🌕**@gmoon math — **Given to members who read and follow the instructions in ⁠#gm-role. channel

d)⚡**@zkOG —** Given to members who are long-time supporters and contributors to Succinct community.

e)🧙‍♂️**@Helper** Given to those who help answer newcomers’ questions in regional and general chat and support them in adapting to our community.

Why would I grind them? It’s there any rewards in future for that?

Yes! Succinct in his official discord says:

All contributions will be acknowledged and rewarded.

Don’t miss your free opportunity to be a part of something bigger!Succinct has a bright future ahead of it, with such Top-Tier Backers, strong community and with his revolutionary technology in blockhain infrastructure.You should join right now

Links:

Official Succinct siteOfficial Succinct Discord server
Official X Succinct page