Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Matter Labs cancels ‘ZK’ trademark application following backlash from major project
ADOPTION NEWS

Matter Labs cancels ‘ZK’ trademark application following backlash from major project

By Crypto FlexsJune 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Matter Labs cancels ‘ZK’ trademark application following backlash from major project
Share
Facebook Twitter LinkedIn Pinterest Email

Matter Labs, the company incubating the ZkSync Ethereum Layer 2 network, announced at

Matter Labs said discussions about the trademark application came down to one fact: “It would be impossible for almost everyone to agree on a group that they perceive to be credibly neutral,” the company wrote in the announcement.

After Matter Labs announced its intention to trademark the term “ZK”, several of the key ZK projects, including ZK corrections co-inventors Shafi Goldwasser and Silvio Micali, Polygon co-founders Sandeep Nailwal and Brendan Farmer, and Eli Ben There were representatives. – Sasson, CEO of StarkWare, issued a statement condemning the move.

“ZK should remain a public good. It should not be a corporate trademark. Rather, it should be accessible to everyone,” the statement reads in part. “If a company goes through this, it will separate itself from the very community it claims to belong to.”

The controversy over ZkSync’s trademark application comes as the protocol is planning an airdrop, which is expected to occur in mid-June, The Block previously reported. The intention to use the ZK ticker led to conflict with Polyhedra, which chose to use the ZKJ ticker for its own token list.

ZkSync is one of the most popular Ethereum Layer 2 blockchains built on anti-ZK technology rather than the optimistic rollup strategy favored by networks such as Optimism, Arbitrum, and Blast.

According to data from The Block, ZkSync often has the highest 7-day moving average of transactions among all ZK-based layer 2 Ethereum networks. Competitor Linea recently suspended its network after exploiting Velocore, a decentralized exchange built on top of Linea, among other chains.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

The SEC gets $ 1.1m case when Crypto Schemer crosses the court.

June 7, 2025

NFT artists reproduce ‘password tax nightmares’ with new songs.

June 7, 2025

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

The SEC gets $ 1.1m case when Crypto Schemer crosses the court.

June 7, 2025

NFT artists reproduce ‘password tax nightmares’ with new songs.

June 7, 2025
Most Popular

Sui Foundation and Mysten Labs Debut Sui Basecamp, First Global Conference for Sui

January 23, 2024

Telegram improves user experience with AI sticker search and video features.

February 15, 2025

BOBBY token launch at Consensus 2024 to support RFK Jr

May 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.