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

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.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

LBank Labs Champions Next-Gen Financial Innovation with Investment in Usual LabsLBank Labs Champions Next-Gen Financial Innovation with Investment in Usual Labs
Herkunft: Utoday_en - 🏆 295. / 63 Weiterlesen »