Home News Matter Labs drops controversial ‘zero-knowledge’ trademark effort

Matter Labs drops controversial ‘zero-knowledge’ trademark effort

by Raymond Vandervort

Matter Labs drops controversial ‘zero-knowledge’ trademark effort

Matter Labs drops controversial 'zero-files' trademark effort

Matter Labs drops controversial ‘zero-files’ trademark effort Matter Labs drops controversial ‘zero-files’ trademark effort

Matter Labs drops controversial ‘zero-files’ trademark effort

US trademark net quandary showed that the ZK trademark utility used to be soundless reside as of press time.

Matter Labs drops controversial ‘zero-files’ trademark effort

Duvet artwork/illustration by ability of CryptoSlate. Image entails blended recount material that would encompass AI-generated recount material.

Matter Labs, the team within the assist of Ethereum layer-2 network zkSync, announced on June 2 that it may perchance presumably drop all trademark functions for “zero-files (ZK).”

Last week, the firm came underneath intense scrutiny attributable to its strive and trademark the ZK term. Industry stakeholders, including Polygon co-founders Sandeep Nailwal and Brendan Farmer, StarkWare CEO Eli Ben-Sasson, Polyhedra Community co-founder Tiancheng Xie, and Turing Award winner Shafi Goldwasser, wrote a strongly worded joint assertion condemning Matter Labs’ actions.

These experts argued that ZK used to be a public correct no firm ought to non-public. They furthered that Matter Labs’ actions negated the core ethos that the crypto industry holds expensive.

Matter Labs succumb

In holding with these demands, Matter Labs acknowledged it used to be shedding its trademark efforts for the term while appreciating the community efforts. It acknowledged:

“These discussions came down to 1 indispensable fact: it'd be very no longer more doubtless to agree on a community of people perceived as credibly fair by virtually each person. What may perchance perchance need labored for Ethereum would no longer necessarily work for the total world.”

Matter Labs CEO Alex Gluchowski corroborated the firm’s blueprint, adding that it wasn’t an easy resolution. He acknowledged:

“This used to be no longer an easy resolution. It increases licensed dangers, nonetheless the very blueprint of ZK is to help humanity substitute its mode of cooperation from ‘don’t be rotten’ to ‘can’t be rotten.’ I basically feel that here is the licensed component to create.”

No matter its public assertion, the ZK term’s utility net site on the US Patent and Trademark Administrative center net quandary showed that the system used to be soundless alive. In holding with the quandary, the trademark used to be filed on Feb. 27, and the “utility has been accepted by the Administrative center (has met the minimum filing necessities) and has no longer yet been assigned to an examiner.”

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Source credit : cryptoslate.com

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