Crypto News

Matter Labs Drops ZK Trademark Plans Amid Industry Pushback

Author : Renuka K

Matter Labs, behind Ethereum's zkSync, has dropped its attempts to trademark "ZK" after facing significant criticism from industry experts and the crypto community. Key figures emphasized that ZK technology should remain accessible to all, promoting principles of freedom and openness in the crypto space. This decision underscores the importance of collaborative innovation over corporate ownership in blockchain advancements.

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