• Bitcoin
  • Ethereum
  • Blockchain
  • DeFi
  • Policies
  • Expert Interview
  • For Beginners
  • All Posts
Hot News

KiloEX Exchange Exploiter Returns $5.5 Million Days Following $7.5 Million Hack

04/18/2025

Crypto Rug Pulls Have Decreased in Frequency, Yet Their Impact Has Intensified: DappRadar

04/18/2025

Manta Founder Describes Attempted Zoom Hack by Lazarus Involving Authentic ‘Legit Faces’

04/18/2025
Facebook X (Twitter) Instagram
X (Twitter) Telegram
CoinomiCoinomi
  • Bitcoin
  • Ethereum
  • Blockchain
  • DeFi
  • Policies
  • Expert Interview
  • For Beginners
  • All Posts
CoinomiCoinomi
Home » Industry demands withdrawal as Matter Labs files for ‘ZK’ trademark
Industry demands withdrawal as Matter Labs files for 'ZK' trademark
Industry demands withdrawal as Matter Labs files for 'ZK' trademark
Blockchain

Industry demands withdrawal as Matter Labs files for ‘ZK’ trademark

05/30/20241 Min Read
Share
Facebook Twitter LinkedIn Pinterest Email

Matter Labs, the company behind zkSync, has caused outrage in the crypto industry by filing trademark applications in nine countries to claim exclusive ownership of the term “zero-knowledge.” This move is seen as an attempt to solidify their control over the technology. Zero-knowledge (ZK) technology is a cryptographic protocol that allows one person to prove a claim to another without revealing any details about the claim itself. The CEO of StarkWare, Eli Ben-Sasson, has criticized Matter Labs’ trademark filing, calling it an “absurd IP grab.” Industry experts, including Sandeep Nailwal, Brendan Farmer, Tiancheng Xie, and Shafi Goldwasser, have signed a public letter urging the withdrawal of the trademark application, deeming it oppressive behavior. In response, Matter Labs’ CEO, Alex Gluchowski, stated that he rejects the concept of intellectual property. Ben-Sasson emphasized that no single company should lay claim to the ZK technology paradigm, given its potential for humanity. ZK-proofs, despite being in their infancy, are increasingly important for future digital identity solutions and could be utilized as Europe’s privacy-focused digital identity solution.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

KiloEX Exchange Exploiter Returns $5.5 Million Days Following $7.5 Million Hack

04/18/2025

The Collapse of Mantra OM Token Reveals Significant Liquidity Challenges in the Cryptocurrency Market

04/17/2025

Binance Assists Countries in Managing Bitcoin Reserves and Developing Crypto Policies, According to CEO

04/17/2025

Ethena Labs and Securitize Reveal Roadmap for the ‘Converge’ Network

04/17/2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

KiloEX Exchange Exploiter Returns $5.5 Million Days Following $7.5 Million Hack

04/18/2025

Crypto Rug Pulls Have Decreased in Frequency, Yet Their Impact Has Intensified: DappRadar

04/18/2025

Manta Founder Describes Attempted Zoom Hack by Lazarus Involving Authentic ‘Legit Faces’

04/18/2025

Coinomi - Where insights meet innovation. Discover the world of blockchain and cryptocurrency with a focus on insightful narratives and groundbreaking trends.

X (Twitter) Telegram
Hot Insights

KiloEX Exchange Exploiter Returns $5.5 Million Days Following $7.5 Million Hack

04/18/2025

Crypto Rug Pulls Have Decreased in Frequency, Yet Their Impact Has Intensified: DappRadar

04/18/2025

Manta Founder Describes Attempted Zoom Hack by Lazarus Involving Authentic ‘Legit Faces’

04/18/2025
X (Twitter) Telegram
  • Home
  • News
  • Bitcoin
  • Ethereum
  • Blockchain
  • DeFi
  • Policies
  • Expert Interview
  • For Beginners
Copyright © 2025 Coinomi. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.