It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”
Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for “zero knowledge” proofs.
Its decision came three days after several leading ZK researchers condemned the firm’s behavior “in the strongest possible terms,” iterating that ZK technologies should instead remain a “public good” that is “accessible to all.”
“As a result of these conversations, we decided to drop all trademark applications,” Matter Labs confirmed in a June 2 X post.