Succinct and Tandem reach a one-year exclusive partnership to provide ZK proofs for Arbitrum
Foresight News reported that Succinct announced on X that it has entered into an exclusive one-year strategic partnership with Tandem, the startup studio under Offchain Labs, to introduce zero-knowledge (ZK) proofs to the Arbitrum ecosystem. Succinct stated that the Arbitrum chain accounts for approximately 50% of the total value locked in layer 2 networks. This move is expected to significantly expand the market size of the Succinct Prover Network and generate considerable revenue for the ecosystem.
This partnership will drive Arbitrum to achieve rapid finality, enhanced security, and improved interoperability. Succinct noted that ZK will eventually be adopted by all Rollups in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $4,304, the cumulative long liquidation intensity on major CEXs will reach $2.545 billion.
Cross-chain interoperability protocol deBridge integrates TRON network
Arbitrum multi-signature wallet deposited 13.105 million ARB to a certain exchange 45 minutes ago
Circle announces that USDC and CCTP V2 will be launched on the XDC network
Trending news
MoreCrypto prices
More








