Matter Labs made a decision to stop pursuing the trademark for 'ZK,' short for zero-knowledge proof, following significant pushback from industry stakeholders. This decision came after vocal criticisms from key figures in the cryptographic field, including renowned innovators like Shafi Goldwasser and Silvio Micali. The community's outcry emphasized the importance of keeping foundational technologies like zero-knowledge proofs accessible to all rather than being restricted by corporate ownership. Matter Labs originally sought to trademark terms related to 'ZK' but faced backlash, prompting a reversal of their trademark applications. The withdrawal of these applications, announced on social media, signifies a shift towards embracing open technology standards. The intention behind the trademark filings was to protect specific contexts like 'ZK Sync' and 'ZK Stack,' aiming to prevent misinterpretation in the market rather than claim exclusive rights to the terms. However, the broader blockchain community viewed this move as potentially hindering the advancement and wider use of ZK technologies. The controversy arose as Matter Labs' ZkSync network, known for its innovative use of ZK-proofs in Ethereum Layer 2 scaling, prepared for an airdrop. Despite the positive transaction volumes and significant role within the blockchain ecosystem, ZkSync opted not to pursue trademark protection, aligning with a more collaborative approach within the Ethereum Layer 2 landscape. By forgoing trademark applications, ZkSync maintains its position in the competitive environment while fostering innovation and adoption. The decision to retract the trademark bid reflects a commitment to openness and inclusivity in technological development, ensuring that essential tools like ZK remain freely available to drive industry progress.
Matter Labs Withdraws ZK Trademark Application Amid Community Opposition

by Giorgi Kostiuk
2 years ago

Other news
Ayodeji Moses Odukoya Advocates for Accessibility in Frontend Engineering

Ayodeji Moses Odukoya advocates for treating accessibility as a core engineering discipline in frontend development.

Ayodeji Moses Odukoya's Unique Approach to Frontend Development

Ayodeji Moses Odukoya's unique journey from digital marketing to frontend development emphasizes the importance of understanding user behavior to enhance technical performance.

Ayodeji Moses Odukoya Leverages GraphQL for Enhanced Social Commerce

Ayodeji Moses Odukoya leverages GraphQL to enhance social commerce by optimizing data fetching, improving application performance, and increasing user engagement.

Investor Strategies During Market Corrections

During the current market correction, cryptocurrency investors are advised to review their portfolios and consider strategic approaches.

TON Foundation Partners with OpenPayd for Global Fiat Infrastructure

TON Foundation partners with OpenPayd to enhance financial operations and provide a global fiat infrastructure for efficient funding and support of the TON ecosystem.

RLUSD Achieves Milestone as Third Largest US-Regulated Stablecoin

RLUSD has achieved a market capitalization of $1.3 billion, making it the third-largest stablecoin among US-regulated options.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter