Matter Labs files for 'ZK' trademark, industry demands withdrawal

📆 30/05/2024 09:41:00
📰 Cointelegraph

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Matter Labs' attempt to trademark Zero-knowledge (ZK) technology has sparked outrage in the crypto industry, with experts demanding the withdrawal of the application, calling it an 'absurd IP grab.'

The attempt to trademark ZK-proofs is like a “baker trying to impose a blanket patent on bread,” according to StarkWare’s CEO.

Matter Labs, the corporate entity developing zkSync, has previously tried to register a token under the ticker symbol “ZK” withrefers to cryptographic protocols that enable one person to convince another that a particular claim is true without disclosing any details about the actual claim. “ZK cryptography was developed for the good of all. It’s shameful to witness an IP land grab by a company trying to expropriate 'ZK' as private intellectual property. It’s as absurd as an individual baker trying to impose a blanket patent on bread.”Top industry experts have called for the withdrawal of Matter Labs’ trademark filing, which they called “oppressive behavior,” in a public letter shared with Cointelegraph.

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