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REGULATION
by
11 months ago

Matter Labs decided to drop all trademark applications for the term "ZK"

2024-06-03

REGULATION
by
11 months ago

 

On June 2, 2024, Matter Labs, developer of an Ethereum layer-2 scaling solution, zkSync, decide to drop attempts to obtain intellectual property rights to trademark the term “ZK” that stand for “zero knowledge” proofs.

 


According to a post on X, Matter Labs decided to drop all attempts to trademark “ZK” after the negative response from the community.

 

The controversy began when Matter Labs filed for the trademark, which was seen as an attempt to claim ownership over a widely used term in the cryptographic community.

 

This move was met with criticism from competitors and industry experts, who demanded the withdrawal of the application, calling it an “absurd IP grab” and "oppressive behavior".

 

In response to the community’s reaction, Matter Labs decided to withdraw their trademark applications, aligning with the ethos of the crypto and academic communities that advocate for open and shared development in the field.

 

This decision was likely influenced by the strong belief within the crypto space that foundational technologies like zero-knowledge proofs should remain in the public domain and accessible to all.

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