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What will be Matter Labs' company strategy changes by end of 2024?
5
Resolution / Starting Odds
Focus on trademarks • 33%
Revert to open-source ethos • 33%
Mixed approach • 34%
Official announcements from Matter Labs
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Matter Labs Faces Backlash Over 'Zero-Knowledge' Trademark Attempt in Nine Countries
May 30, 2024, 04:09 PM
Matter Labs, the company behind zkSync, is facing significant backlash from the cryptocurrency community after filing trademark applications in nine countries to claim the term 'zero-knowledge'. The move has been widely criticized as contrary to the open-source and collaborative ethos of the crypto industry, as outlined in the ZK Credo. Critics argue that trademarking such a fundamental cryptographic term could stifle innovation and limit the use of 'zero-knowledge' by other organizations. Matter Labs defended the decision, stating it was a protective measure to prevent misuse by bad actors. Many in the industry view Matter Labs' actions as an overreach and a departure from the principles of free competition and open-source development.
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No Legal Action • 33%
Preliminary Injunction Filed • 33%
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Major restructuring • 33%
Minor adjustments • 33%
No changes • 34%
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Eliminate royalty fee • 25%
No change • 25%
