Matter Labs Abandons "ZK" Trademark Application
According to official news, Matter Labs, the company behind zkSync, has decided to abandon all trademark applications for the term "ZK". After discussions, the team found it impossible to reach a consensus among a group of people who are almost universally regarded as credible and neutral. What works for Ethereum may not necessarily apply to the whole world. In addition, Matter Labs will announce an airdrop at 4:30 on June 4th in Beijing. According to previous reports, Matter Labs had filed trademark applications for "ZK" in nine countries, claiming that the term "zero-knowledge" was its exclusive intellectual property. This move sparked widespread dissatisfaction in the crypto industry. Polyhedra, Polygon and StarkWare issued a joint statement stating that ZK should not become a company's trademark and "should continue as a public product."
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