Succinct Labs launches SP1 testnet
According to news on May 13, ZK proof startup Succinct Labs announced the launch of SP1 test network. The SP1 testnet implements high-performance STARK recursion and EVM on-chain verification, supporting the ability to quickly generate end-to-end ZK proofs and conduct on-chain verification on any EVM-compatible chain. According to previous news, Succinct Labs completed a new round of financing of US$55 million, led by Paradigm, with participation from Robot Ventures, Bankless Ventures, Geometry, ZK Validator, Polygon co-founders Sandeep Nailwal and Daniel Lubarov, and EigenLayer founder Sreeram Kannan.
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