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»ALTCOIN NEWS»zkSync’s Matter Labs faces backlash over “ZK” trademark efforts
ALTCOIN NEWS

zkSync’s Matter Labs faces backlash over “ZK” trademark efforts

By Crypto FlexsMay 31, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
zkSync’s Matter Labs faces backlash over “ZK” trademark efforts
Share
Facebook Twitter LinkedIn Pinterest Email
  • zkSync’s Matter Labs is seeking to trademark “ZK”.
  • Industry leaders condemned the move.
  • The backlash prompted a response from Alex Gluchowski, CEO of Matter Labs.

As zero-knowledge technologies gain popularity in the Ethereum Layer 2 space, competition between solutions is heating up.

Over the past week, zkSync’s move to use “ZK” as its ticker has brought these rising tensions to the forefront. But things appear to be reaching a boiling point, as the team behind the project now appears to be applying to trademark the acronym.

Did the zkSync developers go too far?

Polygon, StarkWare, and others accuse Substance Labs

“Matter Labs, the company developing zkSync, has filed trademark applications in nine countries asserting that ZK is the exclusive intellectual property of Matter Labs.” A letter signed by executives from major cryptocurrency ZK builders – StarkWare, Polygon, Polyhedra and Kakarot – was released on Thursday, May 30.

Screenshot of signed letter
Screenshot of signed letter
source:
GitHub

In the letter, industry leaders strongly condemned Matter Labs’ move, calling it “a transparent attempt by a company to claim ownership of something that does not belong to it.” The group highlighted the perceived abhorrence of Matter Labs’ move, pointing out that in addition to not owning the technology, the company did not contribute to its development.

Learn more

According to the group, ZK is a public good and should remain as such. They called on the community to withdraw Matter Labs’ trademark application.

The recent letter elicited a response from Matter Labs CEO Alex Gluchowski.

Is this just a “defensive” move?

In response to the letter, Gluchowski insisted that Matters Lab remains committed to the libertarian and cypherpunk ethos, adding that all products will continue to be released under open source licenses.

Matter Labs passionately supports the libertarian, cypherpunk ethos and values ​​outlined in the ZK Credo. We reject the very concept of “intellectual property.” Everything we make is available to the public under a free, open source license.

But the trademark… It exists at https://t.co/3yEaKy7fEh.

— Alex G. (wirek, Δ) (@gluk64) May 30, 2024

However, according to Matter Labs CEO, the registered trademark is “defensive” and is meant to protect users from malicious actors who might try to confuse their products with Matter Labs’ products. Gluchowski also claimed that the company had reached out to the Ethereum Foundation to help create a legal framework that would allow terms like ZK to be used in the public domain.

But Gluchowski’s statement did not inspire confidence. “I’m not sure,” retorted Abdel Bakhta, head of the StarkWare ecosystem, adding, “This movement isn’t really cypherpunk!”

On the flipside

  • According to the letter, these trademark applications have not yet been approved.
  • Polyhedra was the first to lay claim to the ZK ticker.

Why This Matters

The recent controversy over Matter Labs’ actions could impact cryptocurrency pricing and trademark practices in the future.

To learn more about zkSync, read:
zkSync announces V24 upgrade, spreading rumors of June airdrop

Learn how Polygon (MATIC) seeks to secure its interoperability layer.
Why Polygon (MATIC) Prefers Distrust Chain for AggLayer Security

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JPMorgan Chase CEO opposes the Clarity Act and said banks will fight the bill in upcoming price hikes.

July 2, 2026

HBAR outperforms XLM and LINK Developing: Bullish Signal or Noise?

June 18, 2026

Will the BTC price bottom not occur until the 4th quarter? 5 things to know about Bitcoin this week

June 11, 2026
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission In Abu Dhabi

July 7, 2026

Moonbeam switches from Polkadot to Base for building AI agents.

July 7, 2026

Bittensor subnet token launches on Kraken

July 6, 2026

GoMining uses DMND pool to mine the first Stratum V2 Bitcoin block.

July 6, 2026

How to Hedge a Cryto Portfolio: A Beginner’s Guide (2026)

July 6, 2026

BTSE Group Launches BTSE Indonesia Through Joint Venture, Entering One of Asia’s Fastest-Growing Cryptocurrency Markets

July 6, 2026

Bitmine Immersion Technologies (BMNR) Announces Total Crypto And Cash Holdings Top $11.1 Billion Now

July 6, 2026

Deribit And SignalPlus Launch The Island Trading Competition With Up To $600,000 USDC In Prizes

July 6, 2026

Shiba Inu sees a bullish resurgence with a surge in token burn rates.

July 5, 2026

From T+1 to T+0: What happens as the chain progresses after a transaction (Stable Summit New York Fireside Summary)

July 5, 2026

The creator of Bollinger Bands suggests Bitcoin could end its bearish trend.

July 4, 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 Suisse Advances Middle East Expansion, Receives Financial Services Permission In Abu Dhabi

July 7, 2026

Moonbeam switches from Polkadot to Base for building AI agents.

July 7, 2026

Bittensor subnet token launches on Kraken

July 6, 2026
Most Popular

Chromia’s masterpiece ‘My Neighbor Alice’ 2024 roadmap revealed

February 21, 2024

Dragon Revealed: The World’s First Token Amulet

February 10, 2024

Unlock the Power of Dash: The Ultimate Guide to Mastering Cryptocurrency – The Defi Info

January 4, 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.