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Drake and Kendrick? That’s outdated information.
There’s a brand new beef on the town, and this time it’s occurring within the web3 area.
Right here’s what’s occurred to date:
An organization referred to as Matter Labs has filed trademark functions in 9 nations to say the time period “zero-knowledge” because the agency’s unique mental property.
They declare that, as a result of they developed ‘zkSync’ (a product that helps scale Ethereum), they need to be capable to declare the trademark.
Downside is, numerous corporations have used zero-knowledge (ZK) know-how.
Getting a trademark for ZK tech is akin to getting a trademark on ‘the web’ since you made an internet site.
Or because the CEO of StarkWare, Eli Ben-Sasson, put it: “It’s as absurd as a person baker making an attempt to impose a blanket patent on bread.”
As a logo of goodwill, Polyhedra Community introduced yesterday that they may go along with the ticker “ZKJ” for his or her Friday itemizing as a substitute of the initially deliberate “ZK” ticker.
Polyhedra, Polygon and StarkWare additionally printed a joint assertion signed by every that ZK “ought to stay a public good.”
Proper now we’re ready to listen to how Matter Labs will reply, however our feeling is that they’ll let the authorized battle in all 9 nations run it’s course and hope for one of the best.
Downside is, status is so necessary in web3.
Get customers off-side and you could possibly be in some severe hassle.
Let’s see how this performs out.
