Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
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

AAVE price prediction: $185-195 recovery target in 2-4 weeks

January 6, 2026

Is BTC Price Heading To $85,000?

December 29, 2025

Crypto’s Capitol Hill champion, Senator Lummis, said he would not seek re-election.

December 21, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin remains below $92,000 as Atkins calls it “a big week for cryptocurrencies.”

January 13, 2026

NVIDIA and Lilly launch $1 billion AI lab to transform drug discovery and manufacturing

January 13, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.168 Million Tokens, And Total Crypto And Total Cash Holdings Of $14.0 Billion

January 12, 2026

How will stablecoins and cryptocurrency crime change regulation in 2025?

January 12, 2026

Helio Corporation Announces $20 Million Non-Dilutive Utility Token Offering To Advance Space-Based Solar Power (SBSP) Initiative

January 12, 2026

How global sanctions are reshaping illicit cryptocurrency activity

January 11, 2026

How do cryptocurrency payments for virtual numbers work?

January 11, 2026

Onchain Perps Hit $12 Trillion, Hyperliquid and Rivals Redefine 2025

January 10, 2026

Best Cryptocurrency Betting Platforms in 2026: Sports, Esports and Live Markets

January 10, 2026

Asset manager VanEck explains how one Bitcoin could be worth $2.9 million by 2050.

January 10, 2026

BNB Chain Launches New Stablecoin for Large-Scale Applications

January 9, 2026

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

Bitcoin remains below $92,000 as Atkins calls it “a big week for cryptocurrencies.”

January 13, 2026

NVIDIA and Lilly launch $1 billion AI lab to transform drug discovery and manufacturing

January 13, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.168 Million Tokens, And Total Crypto And Total Cash Holdings Of $14.0 Billion

January 12, 2026
Most Popular

Solana Achieves $79 Million in August NFT Sales, Second Only to Ethereum

September 3, 2024

Analysts Expect Charles Schwab to Make a Bitcoin ETF Play

January 28, 2024

Market Outlook #245 – An Altcoin Trader’s Blog

November 24, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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