Immutable

Algorand

Polygon

<div class="finbold">
 <p class="paragraph">In a surprising move, Matter Labs, the crypto <a rel="noopener noreferrer nofollow" title="startup" href="https://thebittimes.com/tag/startup.html">startup</a> behind zkSync, has filed <a rel="noopener noreferrer nofollow" title="trademark" href="https://thebittimes.com/tag/trademark.html">trademark</a> <a rel="noopener noreferrer nofollow" title="application" href="https://thebittimes.com/tag/application.html">application</a>s for zero-knowledge (ZK) technology in nine countries. This action has sparked outrage within the ZK community, with Polygon (MATIC) and StarkWare Ltd. leading the charge against Matter Labs.</p>
 <p class="paragraph">Notably, a public manifesto, signed by a broad community including ZK technology inventors Goldwasser, now working at StarkWare, and Micali, now working at Algorand (ALGO), and founders of Starkware, Polygon, Polyhedra, and Kakarot, condemns Matter Labs’ actions. The manifesto states, “We believe that ZK is a public good that belongs to everyone.”</p>
 <h2 class="wp-block-heading" id="h-what-polygon-and-other-crypto-players-are-saying-about-zksync-s-trademark-application">What Polygon and other crypto players are saying about ZKSync’s trademark application</h2>
 <p class="paragraph">In particular, Matter Labs claims it is registering the <a rel="noopener noreferrer nofollow" title="trademark" href="https://thebittimes.com/tag/trademark.html">trademark</a> to “protect the freedom of use of the term ZK” and invites other ZK projects to join this effort. However, Rebecca Rettig, Chief Legal &amp; Policy Officer at Polygon, argues that this is baseless and that everyone can use the term without Matter Labs’ supposed permission.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    PEPE Mania: PEPE's market value tops all major NFT collections combined <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    EOS Network approves new tokenomics model to enhance its economic potential&nbsp; <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Election day disaster? Why the stock market might crash in November <span class="self-center text-xs text-slate-500">4 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Brace for a sell-off: Ripple to unlock 1 billion XRP in June <span class="self-center text-xs text-slate-500">5 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">​​https://x.com/RebeccaRettig1/status/1796297719683932286&nbsp;</p>
 <p class="paragraph">Essentially, Polygon Labs, known for its open-source contributions like Polygon Plonky2, has been a beneficiary of the collaborative approach in the web3 community. Ironically, Matter Labs’ core “zk” tech stack leverages Polygon Plonky2, which they initially used without proper attribution until called out.</p>
 <p class="paragraph">Polygon Labs deliberately chose not to <a rel="noopener noreferrer nofollow" title="trademark" href="https://thebittimes.com/tag/trademark.html">trademark</a> Polygon zkEVM, allowing others to use it freely. This resulted in wide adoption by projects like Immutable zkEVM and Astar zkEVM. They argue that openness is fundamental to Ethereum (ETH) and must be preserved, especially regarding core mathematical principles.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">Today, we seek broader community support to call for Matters’ withdrawal of all improperly-filed, generic trademark applications.<br><br>Aligned with the true Ethereum ethos, Polygon Labs consistently puts out open-source code that benefits everyone. This commitment has positively…</p>— Polygon | Aggregated (@0xPolygon) May 30, 2024
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">StarkWare, alongside other leading ZK companies and researchers, urges the community to demand that Matter Labs withdraw all their trademark attempts. They believe that by using the legal system to claim a public good, Matter Labs contradicts the ethos of crypto, Ethereum, and its own principles.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">ZK is a public good that should belong to everyone.<br><br>Matter Labs, the corporate entity behind @zksync, has filed trademark applications in nine countries, claiming ZK as its exclusive intellectual property, even though they neither created nor contributed to the creation of this…</p>— StarkWare (@StarkWareLtd) May 30, 2024
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">Conversely, Matter Labs CEO Alex G. responded to StarkWare’s claims. He maintains that the company is a proponent of the libertarian, cypherpunk ethos and rejects the idea of “Intellectual Property.” He claims that the trademarks are defensive, preventing dishonest actors from misleading customers and confusing their products and services with those offered by Matter Labs.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">Matter Labs is a zealous proponent of the libertarian, cypherpunk ethos and the values stated in the ZK Credo. We reject the very idea of “Intellectual Property”. Everything we create is released to the public under free open source licenses.<br><br>Trademarks, however, exist to… https://t.co/3yEaKy7fEh</p>— Alex G. (∎, ∆) (@gluk64) May 30, 2024
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-what-does-zk-mean-and-why-is-it-important">What does ZK mean, and why is it important</h2>
 <p class="paragraph">Zero-knowledge (ZK) proof is a cryptographic technique that allows one party to prove knowledge without revealing it. In cryptocurrencies, ZK proofs enable secure and private transactions without disclosing sensitive information on the blockchain.</p>
 <p class="paragraph">ZK technology is crucial for layer-2 scalability solutions, such as rollups, which increase transaction throughput on Ethereum. Additionally, ZK proofs enhance privacy in other blockchains by concealing transaction details while maintaining verifiability.</p>
 <p class="paragraph">In closing, as the debate continues, the crypto community eagerly awaits the resolution of this contentious issue, which could have far-reaching implications for the future of ZK technology and the web3 ecosystem as a whole.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-startup-creates-turmoil-with-zk-trademark-application-polygon-fights-back-tbt90777.html">https://thebittimes.com/crypto-startup-creates-turmoil-with-zk-trademark-application-polygon-fights-back-tbt90777.html</a></p>

Crypto startup creates turmoil with ZK trademark application, Polygon fights back

Innehållsförteckning

TheBitTimes

Andra artiklar publicerade 31 maj 2024

Bullish Outlook For Ether As Traders Speculate Potential Price Rise

Unchained Partners With University of Austin to Create Higher Ed’s First Bitcoin Endowment Fund

BlackRock’s Ether ETF Poised for Late June Launch, Analysts Say

Is MoonBag the Best Crypto Presale in May 2024 over PopCat and Dogeverse Amid Strong Presale Numb...

Bitcoin (BTC) Price Reacts to US Macro Data

Tether Invests in Bitdeer for Significant Expansion

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!