Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for “zero knowledge” proofs.“in the strongest possible terms,” iterating that ZK technologies should instead remain a “public good” that is “accessible to all.”
“It would be impossible to agree on a group of people perceived as credibly neutral by nearly everyone. What could have worked for Ethereum would not necessarily work for the entire world.
“A common misconception is that having a trademark means you legally own a particular word or phrase and can prevent others from using it,” Matter Labs said. “However, you don’t have rights to the word or phrase in general, only to how that word or phrase is used with your specific goods or services.”last week, Alex Gluchowski, the founder and CEO of Matter Labs said that he rejects “the very idea of intellectual property.
“All the trademarks we had ever registered, including ZK-related ones, are defensive, to prevent dishonest actors from misleading their customers and confusing their products and services with the ones offered by Matter Labs .”Bitcoin bull flag joins MACD to tease new BTC price all-time high next
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