Tuesday, September 15, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Matter Labs drops controversial ‘zero-knowledge’ trademark effort

by SB Crypto Guru News
June 3, 2024
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0



Matter Labs drops controversial ‘zero-knowledge’ trademark effort

Matter Labs, the team behind Ethereum layer-2 network zkSync, announced on June 2 that it would drop all trademark applications for “zero-knowledge (ZK).”

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

These experts argued that ZK was a public good no company should own. They furthered that Matter Labs’ actions negated the core ethos that the crypto industry holds dear.

Matter Labs succumb

In response to these demands, Matter Labs said it was dropping its trademark efforts for the term while appreciating the community efforts. It stated:

“These discussions came down to one important fact: 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.”

Matter Labs CEO Alex Gluchowski corroborated the firm’s position, adding that it wasn’t an easy decision. He said:

“This was not an easy decision. It increases legal risks, but the very purpose of ZK is to help humanity change its mode of cooperation from ‘don’t be evil’ to ‘can’t be evil.’ I feel that this is the right thing to do.”

Despite its public statement, the ZK term’s application status on the US Patent and Trademark Office website showed that the process was still alive. According to the site, the trademark was filed on Feb. 27, and the “application has been accepted by the Office (has met the minimum filing requirements) and has not yet been assigned to an examiner.”

Mentioned in this article
Latest Alpha Market Report



Source link

Tags: Bitcoin NewscontroversialCrypto NewsCrypto UpdatesDropsEffortLabsLatest News on CryptomatterSB Crypto Guru NewsTrademarkZeroknowledge
Previous Post

Bitcoin eyes $70k as the Piggy Bankster presale commences in 26 hours

Next Post

Chrome Plugin Scam Drains Over $1M from Binance Account

Related Posts

services return, exchange access varies

by SB Crypto Guru News
September 15, 2026
0

aelf, a blockchain network built around its AELF MainChain and tDVV dAppChain, has restored public node access and several core...

Coinbase-backed Base just exposed the uncomfortable truth about Ethereum’s L2s

by SB Crypto Guru News
September 15, 2026
0

Ethereum and Coinbase-backed layer-2 network Base have abandoned an effort to agree on how the next generation of crypto wallets should...

Is Staking Crypto Safe? A Beginner’s Guide to the Risks

by SB Crypto Guru News
September 14, 2026
0

Staking crypto promises rewards, but here’s what nobody mentions upfront: you can do everything right and still lose money. Validators...

Hedge fund assets rise $400B before Bitcoin’s Fed test

by SB Crypto Guru News
September 14, 2026
0

Newly released Federal Reserve data show domestic hedge funds expanded their gross balance sheets during the second quarter, months before...

15 BTC recovered, LP terms pending

by SB Crypto Guru News
September 13, 2026
0

Cross-chain protocol Symbiosis said it recovered approximately 15 BTC after an attacker exploited its native Bitcoin Bridge, but affected liquidity...

Load More
Next Post
Chrome Plugin Scam Drains Over M from Binance Account

Chrome Plugin Scam Drains Over $1M from Binance Account

Bitcoin Blockchain Records .82 Billion in NFT Sales, Secures Fourth-Largest Spot

Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot

  • Trending
  • Comments
  • Latest
Why the Founders Winning With AI Agents Aren’t the Ones Automating the Most

Why the Founders Winning With AI Agents Aren’t the Ones Automating the Most

August 14, 2026

TON Validators Prepare Node Update Ahead Of Collator Vote

August 22, 2026

ZachXBT Exposes Canada as Worst Global Hotspot for Crypto Fraud

August 22, 2026

EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims

August 23, 2026

Beyond the Kimchi Premium: Korea’s Institutional Shift

August 22, 2026

Algorand 5.0 Expands App and Transaction Limits (ALGO)

August 22, 2026

These Top-Paying AI Side Hustles Make Money Within 24 Hours

0

Bitcoin, BTC-Related Stocks Tumble After Senate Blocks Clarity Act

0

Bitpanda CEO to Depart as Crypto Broker Delays Frankfurt IPO

0

services return, exchange access varies

0

MEXC’s September 2026 Proof of Reserves Reaffirms Full Backing of User Assets, BTC Reserve Ratio Increases to 297%

0

Dogecoin dips below $0.083 as weak ETF demand and bearish positioning limit recovery

0

Bitcoin, BTC-Related Stocks Tumble After Senate Blocks Clarity Act

September 15, 2026

services return, exchange access varies

September 15, 2026

Bitpanda CEO to Depart as Crypto Broker Delays Frankfurt IPO

September 15, 2026

These Top-Paying AI Side Hustles Make Money Within 24 Hours

September 15, 2026

Dinari Powers Bitcoin.com’s U.S. Launch of Tokenized Equities

September 15, 2026

Anthropic’s Guide to AI-Driven Sales with Claude Released

September 15, 2026
Facebook Twitter LinkedIn Tumblr RSS
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.