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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Solana Validators Prepare for Governance Vote on Economic Proposals

chest

Solana validators are preparing for a governance vote on a package aimed at reducing SOL issuance pressure through fee burning and inflation reduction, with the vote scheduled for August 23.

user avatarTomas Novak

Federal Judge Rules Justin Sun's Case Against World Liberty Financial to Remain in Open Court

chest

A federal judge in San Francisco ruled that Justin Sun's legal battle with World Liberty Financial over $45 million in frozen tokens will remain in open court, rejecting the company's bid for arbitration.

user avatarKaterina Papadopoulou

New Report Published Utilizing Primary Source Documentation.

chest

The report is based on information released in disclosures at primary source documentation, ensuring that the information provided is accurate and reliable.

user avatarMaya Lundqvist

US Spot Bitcoin ETFs Experience Record Inflows

chest

US spot Bitcoin ETFs saw a significant inflow of $60.6 billion on Thursday, marking their largest single-day gain since May 1.

user avatarLeo van der Veen

New Study Emphasizes the Significance of Primary Source Documentation.

chest

The report highlights the importance of primary source documentation for providing accurate and reliable information.

user avatarLi Weicheng

Cumulative Inflows into US Spot Solana ETFs Reach $116 Billion

chest

Cumulative inflows into US spot Solana ETFs have surpassed $116 billion, indicating growing institutional interest in the token.

user avatarTenzin Dorje

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.