Revoking the ZK Trademark: Matter Labs Responds to Community Backlash
Dear Crypto Enthusiast, Matter Labs, the developer of the ZkSync Ethereum Layer 2 network, has made a significant decision following community backlash. In response to criticisms and concerns raised by industry leaders, Matter Labs has chosen to withdraw its trademark applications for the term “ZK.” Let’s explore the events that led to this decision and the implications for the crypto community.
Community Leaders’ Criticism
– A group of industry leaders published a statement condemning Matter Labs’ attempt to trademark the term “ZK.”
– The move was seen as unethical and a violation of the collaborative nature of the crypto community.
– The statement emphasized that technologies like ZK should remain public and accessible to all users.
– Notable figures like Shafi Goldwasser, Silvio Micali, and Eli Ben-sasson were among the signatories expressing their disapproval of the trademark attempt.
Matter Labs’ Response and Airdrop Announcement
– Matter Labs acknowledged the feedback received and decided to drop all trademark applications for “ZK.”
– The company expressed pride in being part of a community that values openness and collaboration.
– In addition to revoking the trademark attempts, Matter Labs announced plans for a ZK token airdrop.
– Users were invited to register for wallet whitelisting to participate in the upcoming airdrop.
Hot Take: Embracing Collaboration in the Crypto Community
Dear Reader, the recent events surrounding Matter Labs and the ZK trademark serve as a reminder of the importance of collaboration and openness in the crypto space. As we navigate the evolving landscape of blockchain technology, let’s continue to uphold the values of transparency and shared knowledge for the benefit of all participants. Thank you for staying informed and engaged in the world of cryptocurrencies.
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