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📌 $ZK Staking Pilot Week 2 Update Sustained strong participation and increasingly positive governance signals across the network. Total Amount Staked: 170M $ZK Current Target Rate: 4.0% APR Here’s what that means and what we’re watching next 👇

20,090 views • 8 months ago •via X (Twitter)

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Arbitrum embraces ZK Succinct has signed exclusive partnership with Tandem (’ venture arm) to bring ZK proving to Arbitrum chains. Uma Roy: “Every rollup will become a ZK rollup. We gave OP Stack that option with OP Succinct; now Arbitrum’s massive ecosystem gets it too.” What changes for users - Finality: withdrawals and settlements go from 7 days to minutes. - Capital efficiency: funds are no longer locked during week-long challenge periods. - User experience: bridges become smoother, safer, and significantly faster. - Security: execution is enforced by ZK proofs at L1, reducing dependence on sequencer honesty. Steven Goldfeder: “Using ZK proofs brings the network closer to something like Stage 2 decentralization — security enforced at L1, not just by trusting the sequencer.” What changes for the ecosystem - Flexibility: more than 40 Arbitrum chains, including projects like Robinhood and Converge, will be able to choose ZK proving. - Modular design: Succinct provers integrate without requiring a rewrite of the stack. - Governance: Arbitrum One itself is DAO-governed and will not flip overnight, but the stack now supports ZK from the ground up. - Hybrid paths: optimistic and ZK approaches can coexist, giving teams cost and latency trade-offs. What it means for Succinct - SP1 zkVM is already used by 35+ projects including Across, Avail, Celestia, Mantle, Polygon. - Succinct Prover Network, secured and powered by the PROVE token, expands beyond OP Stack chains to cover Arbitrum. - The addressable market effectively doubles. Monetizing even a fraction of Arbitrum’s L2 value could mean hundreds of millions in revenue distributed to provers, stakers, and partners. The ZK era is upon us

jaehaerys 🪽

17,793 views • 1 year ago