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
Jane Street Cuts Bitcoin ETF Holdings Significantly in Q1 2026

Jane Street significantly reduced its Bitcoin ETF holdings in Q1 2026, cutting BlackRock's IBIT by 71% and Fidelity's FBTC by 60%, potentially impacting Bitcoin's price dynamics.

Bitcoin's Current Correction May Not Be Over Yet

Bitcoin's recent stability above 80,000 raises speculation, but analysts warn that further declines may be expected based on historical patterns.

Solana Also Sees TD Sequential Sell Signal

Solana has completed the TD Sequential setup phase, indicating a sell signal on its 1-day chart.

MARA Holdings Transitions to AI and IT Infrastructure with Major Acquisition

MARA Holdings is transitioning from Bitcoin mining to AI and IT infrastructure, cutting its workforce and acquiring Long Ridge Energy.

MARA Holdings Faces Major Loss and Sells Bitcoin Reserves

MARA Holdings reported a net loss of $1.26 billion in Q1 2026 and sold 20,880 Bitcoin, leading to a 5% drop in stock price.

Ethereum Dominates DeFi and Lending Markets

Ethereum maintains a strong position in DeFi and lending, with significant liquidity and market share.

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