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: $100 is the wall. Factors that can destroy or bury a wall include:

July 25, 2026

Multicoin Capital has made its first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform.

July 17, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026
Add A Comment

Comments are closed.

Recent Posts

Address Poisoning in Crypto: Fake Histories Explained

August 1, 2026

9 legendary cryptocurrencies you need to know

July 30, 2026

MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards

July 30, 2026

MEXC Ventures Supports Alpha Arena’s APAC Debut at Coinfest Bali

July 30, 2026

Tria Returns More Than $600,000 to the Community That Helped Build Its Ecosystem

July 29, 2026

Bybit Launches New DCA Challenge with Up to 55,000 USDT in Rewards for BTC, ETH and XAUT Auto-Investing

July 29, 2026

MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture

July 29, 2026

Bybit Introduces Finloop’s FUIDL backed by an AAA-rated Money Market Fund

July 29, 2026

Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant

July 28, 2026

1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi

July 28, 2026

Zcash price prediction for 2026: Will $ZEC reach $500 or fall to $200?

July 27, 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

Address Poisoning in Crypto: Fake Histories Explained

August 1, 2026

9 legendary cryptocurrencies you need to know

July 30, 2026

MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards

July 30, 2026
Most Popular

MANTRA bounces 200%after an OM price crash, but raises the danger of ‘big scandals’ like Luna.

April 14, 2025

Morgan Stanley Allows Wealth Advisors to Sell Bitcoin ETFs to Some Clients: CNBC

August 3, 2024

Magic Eden introduces ecosystem token ME

August 23, 2024
  • 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.