Succinct Labs and OP Labs have collaborated on a zero-knowledge proofs resolution that considerably improves transaction finality and gasoline prices in comparison with optimistic rollups.
On Sept. 11, Succinct Labs introduced its partnership with OP Labs, a startup contributing to the event of the Optimism (OP) protocol, to create OP Succinct.
OP Succinct by Succinct Labs and OP Labs
Paradigm-backed Succinct and OP Labs’ collaboration on OP Succinct combines the general-purpose zero-knowledge digital machine SP1 with OP Stack to ship a zkEVM rollup.
With this new resolution, upgrading OP Stack chains to make the most of zero-knowledge proofs is now cheaper and quicker. Based on Succinct Labs, OP Succinct can be extremely customizable.
“The modular design of the OP Stack makes it easy to convert an OP Stack rollup to a ZK rollup. OP Succinct’s two-step integration requires minimal code and easily fits into existing deployments–including rollup-as-a-service setups,” Succinct Labs posted on X.
Quick finality and decrease gasoline prices
The ZK rollup growth provides to the rising layer 2 scaling options ecosystem, with off-chain transaction proofing providing quick finality and lowered gasoline prices.
OP Labs and Succinct Labs, which secured $55 million in Paradigm-led funding rounds in March 2024, are bringing this to the market with OP Succinct.
With the ability to improve an OP Stack to make use of ZKPs inside an hour vastly improves the fraud-proof window of seven days relevant to straightforward optimistic rollups. Proving prices are additionally at 0.5 to 1 cent, in comparison with greater prices of 1.34 cents on OP Mainnet and 1.11 cents on OP Sepolia.
