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![NFTsWay6 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1617438957695897600.png) DuDü 🌓 [@NFTsWay6](/creator/twitter/NFTsWay6) on x 1301 followers
Created: 2025-07-26 19:45:50 UTC

How @SuccinctLabs Prover Works: 
Requesters submit proof jobs to the network, and provers compete in a reverse auction, bidding the lowest price to win. This keeps costs low and ensures efficiency. The process runs off-chain for speed, with final settlements on Ethereum for trustless security, blending Web2 speed with Web3 reliability.

You might be wondering what the role of $PROVE Token will be in all of this.
The $PROVE token, an ERC-20 asset will serve three purposes:
X. Payments: The sole currency for proof transactions.
X. Security: Provers stake PROVE as collateral, risking loss if they act dishonestly.
X. Governance: Token holders vote on network upgrades and rules.

PROVE supports sustainable network growth.

![](https://pbs.twimg.com/media/GwzuCHMW8AAQqvC.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949194467807731779/c:line.svg)

**Related Topics**
[token](/topic/token)
[$prove](/topic/$prove)
[web3](/topic/web3)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/NFTsWay6/status/1949194467807731779)