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We introduce the notion of a Succinct Parallelizable Argument of Knowledge (SPARK). This is an argument of knowledge with the following three efficiency properties for computing and proving a (non-deterministic, polynomial time) parallel RAM computation that can be computed in parallel time T with at most p processors: — The prover’s (parallel) running time is \(T + \mathrm{poly}\hspace{-2.0pt}\log (T \cdot p) \) . (In other words, the prover’s running time is essentially T for large computation times!) — The prover uses at most \(p \cdot \mathrm{poly}\hspace{-2.0pt}\log (T \cdot p) \) processors. — The communication and verifier complexity are both \(\mathrm{poly}\hspace{-2.0pt}\log (T \cdot p) \) . The combination of all three is desirable as it gives a way to leverage a moderate increase in parallelism in favor of near-optimal running time. We emphasize that even a factor two overhead in the prover’s parallel running time is not allowed. Our main contribution is a generic construction of SPARKs from any succinct argument of knowledge where the prover’s parallel running time is \(T \cdot \mathrm{poly}\hspace{-2.0pt}\log (T \cdot p) \) when using p processors, assuming collision-resistant hash functions. When suitably instantiating our construction, we achieve a four-round SPARK for any parallel RAM computation assuming only collision resistance. Additionally assuming the existence of a succinct non-interactive argument of knowledge (SNARK), we construct a non-interactive SPARK that also preserves the space complexity of the underlying computation up to \(\mathrm{poly}\hspace{-2.0pt}\log (T\cdot p) \) factors. We also show the following applications of non-interactive SPARKs. First, they immediately imply delegation protocols with near optimal prover (parallel) running time. This, in turn, gives a way to construct verifiable delay functions (VDFs) from any sequential function. When the sequential function is also memory-hard, this yields the first construction of a memory-hard VDF.