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Succinct Labs and OP Labs have teamed up to introduce a zero-knowledge proofs solution that enhances transaction finality and reduces gas costs compared to optimistic rollups.
On Sept. 11, Succinct Labs announced its partnership with OP Labs, a startup contributing to the Optimism protocol, to develop OP Succinct.
OP Succinct is a joint effort by Succinct Labs and OP Labs, combining the general-purpose zero-knowledge virtual machine SP1 with the OP Stack to deliver a zkEVM rollup. This new solution makes upgrading OP Stack chains to utilize zero-knowledge proofs both cheaper and faster. According to Succinct Labs, OP Succinct is also highly 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,”
The development of ZK rollups adds to the expanding layer 2 scaling solutions ecosystem, offering fast finality and reduced gas costs through off-chain transaction proofing.
OP Labs and Succinct Labs, which secured $55 million in Paradigm-led funding rounds in March 2024, are bringing OP Succinct to the market. This solution significantly improves the fraud-proof window from seven days, applicable to standard optimistic rollups, to just an hour. Proving costs are also reduced to 0.5 to 1 cent, compared to higher costs of 1.34 cents on OP Mainnet and 1.11 cents on OP Sepolia.
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