Matter Labs Withdraws Trademark Applications for ZK

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


Matter Labs Withdraws Trademark Applications for ZK

Matter Labs, the team known for the Ethereum layer-2 scaling solution zkSync, has decided to withdraw all trademark applications for the term “ZK” denoting zero-knowledge proofs. This choice came after strong opposition from leading ZK researchers and developers.

A group of influential personalities within the zero-knowledge field, including Shafi Goldwasser, Silvio Micali, Eli Ben-Sasson, and Sandeep Nailwal, released a joint statement on May 30 criticizing Matter Labs’ move to trademark “ZK”. They argued that zero-knowledge proofs must remain a public asset and disapproved of the company's attempt to claim exclusive rights over a technology that benefits everyone.

In response to the community’s disapproval, Matter Labs made an announcement on June 2 stating the withdrawal of all trademark filings associated with the term “ZK”. The company acknowledged the challenges in reaching a consensus on intellectual property matters that are perceived neutrally by the community at large. The announcement emphasized a spirit of unity and equal access to technology.

For further details, consult the CryptoTale article.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Senator Blumenthal Seeks Information from Cantor Fitzgerald on Tether Dealings

Senator Richard Blumenthal has requested Cantor Fitzgerald to provide records related to its business relationship with Tether, focusing on the financial gains of Commerce Secretary Howard Lutnick's family.

user avatarSatoshi Nakamura

Ledger Halts Sales Amid Fund Loss Investigations

Ledger has paused sales and shipments of its hardware wallets after reports of fund losses from customers in Southeast Asia who purchased devices from CryptoBilis.

user avatarJesper Sørensen

Project Eleven and Quantus Collaborate on Strongpoint for Future Crypto Custody

Project Eleven has partnered with Quantus to enhance crypto custody solutions through the integration of the Quantus Network into Strongpoint, targeting support for post-quantum cryptography by Q1 2027.

user avatarRajesh Kumar

Sui and Alibaba Cloud Collaborate on AI Agent Payment Integration

Sui and Alibaba Cloud are developing a payment model for AI agents to autonomously pay for cloud services using stablecoins.

user avatarLucas Weissmann

Moscow Exchange to Launch Cryptocurrency Trading on December 1

Moscow Exchange is set to begin offering cryptocurrency trading on December 1, 2023, following a new regulatory framework in Russia.

user avatarFilippo Romano

OSL Group Launches Tokenized USDGO Plus SP Fund

OSL Group has successfully tokenized the USDGO Plus SP fund, providing custody and distribution through its licensed platform in Hong Kong.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.