Over 3.2k subscribers
Succinct introduces SP1 Hypercube
Real-time Ethereum proving achieved.
Lido releases its V3 whitepaper.
Untron V2 goes live on the Superchain.
Succinct introduced SP1 Hypercube, its latest zkVM capable of real-time Ethereum proving. Building on SP1 Turbo, SP1 Hypercube is up to 5x faster and can prove over 93% of Ethereum mainnet blocks in under 12 seconds, with an average proving time of 10.3 seconds. SP1 Hypercube features a new proof system based on multilinear polynomials, offering better computational efficiency. A key component, Jagged Polynomial Commitment Scheme (PCS), avoids overcommitment by only committing to the necessary parts of a computation, enabling faster, cheaper, and more scalable proving.
Real-time proving is a major breakthrough for Ethereum’s long-term roadmap. It paves the way for more scalable Layer 1 execution, secure native rollups, and efficient light clients. In the future, it could significantly enhance decentralization by enabling block verification on consumer-grade hardware. Ethereum researcher Justin Drake noted that it could unlock 1 gigagas/sec throughput and make ultra-low-power validation feasible. Drake highlighted RISC Zero’s $120K GPU home cluster, which can generate ZKPs in just 9.25 seconds. While the SP1 Hypercube release marks a major milestone, Vitalik Buterin noted that it still needs to handle worst-case blocks in real time, achieve formal verification, and make proving practical on consumer-grade hardware.
Lido Finance released its whitepaper for Lido V3, a major upgrade that transforms the protocol from a pooled staking model into a modular, decentralized Ethereum staking infrastructure. The whitepaper outlines dual staking paths, a sovereign architecture, a redesigned stETH backing and liquidity model, and a risk management framework. At the core of Lido V3 is the introduction of stVaults, non-custodial, customizable smart contracts that allow users to define their own validator setups. stVaults support overcollateralized stETH minting and feature critical safeguards such as immutable collateral caps and an escape hatch to opt out of protocol governance. Lido V3 also introduces forced rebalancing, enabling the protocol to pull ETH from stVaults. The whitepaper is currently part of an active Request for Comment (RFC) and open to community feedback.
Untron, a cross-chain stablecoin platform enabling seamless USDT transfers between Tron and Ethereum L2s, is now live on the Superchain. Users can now move USDT from Tron to Base, OP Mainnet, Ink, Unichain, Mode, World Chain, Lisk, and Soneium with near-instant, gasless transfers. Untron is currently in beta.
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
ETH Daily
