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Weekly Project Updates: ZK Trademark Dispute, Taiko Mainnet Launch, Friend Tech Considering Migration from Base

Jun 1, 2024
  1. Matter Labs expresses gratitude to notable figures in the community for their suggestions to protect terms like ZK from misuse. They fully support the proposal to establish an ownerless entity for holding trademarks and pledge to refrain from filing new trademark applications for ZK.

  2. Polyhedra Network announces the renaming of its token symbol from ZK to ZKJ when listing on HashKey Global. They criticize zkSync's use of ZK and urge withdrawal of Matter Labs' trademark applications.

  3. OP Labs introduces a beta version of custom Gas token feature on the OP Stack, allowing the use of ERC20 tokens for Gas fees.

  4. Taiko, an Ethereum rollup-based platform, launches on the mainnet with plans to incorporate ZK proofs for scaling. A token launch is expected shortly with a community-led DAO in the pipeline.

  5. ENS Labs proposes migrating ENS functionalities to Layer 2 to reduce gas fees and enhance scalability.

  6. Friend Tech Co-Founder on Base chain considers migration due to strained relations with the community, offering a reward for a seamless migration method.

  7. Pump.fun generates significant fee revenue, surpassing Uniswap Labs in protocol ranking.

  8. Uniswap Foundation delays a vote on token staking and delegation rewards due to new concerns raised by stakeholders.

  9. EOS Network Foundation implements changes in token economics, with staking rewards set to commence in June.

  10. Atomicals Protocol releases AVM Virtual Machine Whitepaper, aiming to enable smart contract capabilities in the Bitcoin ecosystem.

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