Definition ∞ Succinct Verifiable Computation refers to cryptographic techniques that allow a party to prove to another party that a computation was performed correctly, without revealing the computation itself, and with a proof size significantly smaller than the computation’s complexity. The verification process is also much faster than re-executing the original computation. This method enables efficient and private verification of complex operations.
Context ∞ Succinct Verifiable Computation, often implemented through zero-knowledge proofs like SNARKs and STARKs, is a critical technology for scaling blockchain networks and enhancing privacy in digital assets. It permits off-chain computation with on-chain verification, drastically increasing transaction throughput and reducing data storage requirements. News frequently covers the advancements and adoption of these cryptographic proofs in Layer 2 scaling solutions and privacy-focused cryptocurrencies, highlighting their potential to revolutionize decentralized applications.
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