The attempt to trademark ZK-proofs is like a “baker trying to impose a blanket patent on bread,” according to StarkWare’s CEO.
Matter Labs has filed trademark applications in nine countries to claim the term “zero-knowledge” as the firm’s exclusive intellectual property, outraging the crypto industry.
Matter Labs, the corporate entity developing zkSync, has previously tried to register a token under the ticker symbol “ZK” with cryptocurrency exchanges, aiming to cement their claim over the technological paradigm.
Zero-knowledge (ZK) technology refers to cryptographic protocols that enable one person (the prover) to convince another (the verifier) that a particular claim is true without disclosing any details about the actual claim.