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
Bitcoin Price Stagnates Despite Federal Reserve's $746 Billion Liquidity Injection

Bitcoin price remains near $88,000 despite a $746 billion liquidity injection from the Federal Reserve.

MSCI's Upcoming Decision Could Impact Cryptocurrency Companies

On January 15, MSCI will decide on the reclassification of cryptocurrency reserve companies, which may have significant implications for the market.

Charles Hoskinson to Focus on Cardano's Midnight Network Development

Charles Hoskinson announced plans to prioritize the development of Cardano's Midnight network in 2026.

Evaluating the Pros and Cons of Proof of Burn in Blockchain

Proof of Burn (PoB) has sparked a debate within the crypto community regarding its advantages and disadvantages. Supporters highlight its sustainability and potential for reducing energy consumption, while critics raise concerns about its environmental impact and scalability.

Proof of Burn: A Sustainable Approach to Blockchain Consensus

Proof of Burn (PoB) is proposed as a sustainable alternative to traditional blockchain consensus models, focusing on economic commitment through token burning.

PepeNode's Unique Staking Model Promises Long-Term Sustainability

PepeNode's staking model rewards long-term investors and active players, promoting network stability and gameplay expansion.

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