BTC $64,366.69 +2.04%
ETH $1,908.22 +1.31%
BNB $605.78 +0.17%
XRP $1.00 +0.21%
SOL $75.84 +0.95%
TRX $0.3307 -0.26%
DOGE $0.0702 +0.51%
ADA $0.1739 -0.81%
BCH $204.42 +0.43%
LINK $9.47 +0.80%
HYPE $59.02 +2.43%
AAVE $88.11 +1.75%
SUI $0.6767 +0.22%
XLM $0.1580 +0.51%
ZEC $516.02 +5.23%
BTC $64,366.69 +2.04%
ETH $1,908.22 +1.31%
BNB $605.78 +0.17%
XRP $1.00 +0.21%
SOL $75.84 +0.95%
TRX $0.3307 -0.26%
DOGE $0.0702 +0.51%
ADA $0.1739 -0.81%
BCH $204.42 +0.43%
LINK $9.47 +0.80%
HYPE $59.02 +2.43%
AAVE $88.11 +1.75%
SUI $0.6767 +0.22%
XLM $0.1580 +0.51%
ZEC $516.02 +5.23%

Matter Labs submits trademark application for "ZK," sparking widespread dissatisfaction in the crypto industry

2024-05-30 20:22:22

ChainCatcher news, according to Cointelegraph, zkSync developer Matter Labs has filed trademark applications for "ZK" in 9 countries, claiming that the term "zero knowledge" is the company's exclusive intellectual property. This move has sparked widespread discontent in the crypto industry.

In response, industry leaders including Polygon co-founder Sandeep Nailwal and Brendan Farmer, StarkWare CEO Eli Ben-Sasson, Polyhedra Network co-founder and zkBridge inventor Tiancheng Xie, as well as Turing Award winner and co-inventor of ZK-proofs Shafi Goldwasser, signed an open letter calling for Matter Labs to withdraw the trademark application, stating that it is an "oppressive act."

StarkWare CEO Eli Ben-Sasson directly stated that Matter Labs' attempt to trademark ZK technology is an "absurd act of intellectual property hijacking."

Currently, Matter Labs has not responded to this matter.

app_icon
ChainCatcher Building the Web3 world with innovations.