TL;DR
-
Last week we wrote about how Matter Labs had filed trademark applications in nine countries to claim the term “zero-knowledge”; however, they have now said that they will be dropping all applications due to significant backlash.
Full Story
Remember how last week we wrote about that company – Matter Labs – who had decided to file trademark applications in nine countries to claim the term “zero-knowledge” as their exclusive intellectual property.
Well, thanks to a whollle lot of public backlash, including a joint statement signed by leaders at Polyhedra, Polygon and StarkWare which mentioned that ZK “should remain a public good,” we have an update on the case.
Matter Labs has dropped all trademark applications.
(Well, they’ve said they will drop all trademark applications which so far seems like that hasn’t technically happened – but we expect that it will).
Here’s why this is important, and why we think this was the right move:
A company’s reputation is everything, especially in web3.
The amount of bad actors and scams has resulted in a veeery skeptical user base, and even the slightest ‘off-brand’ move will raise immediate alarm bells.
Matter Labs could have gone the other direction and taken a hard-nosed approach, leaving it to the courts to decide.
But instead, they’ve decided to take a longer term view of things and listened to their competitors and the web3 community.
Coming out the other side, not in the best position, but also not in the worst position either (heck, they sure got some publicity!).
All this is to say, while the initial trademark applications seemed to be overstepping the mark, it’s great to see a company listen to the community and respond.
You’ve (kinda) redeemed yourself.
Great post, I think blog owners should learn a lot from this site its rattling user pleasant.
Today, while I was at work, my cousin stole my iPad and tested to see if it can survive a twenty five foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views. I know this is entirely off topic but I had to share it with someone!
I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post…
My brother suggested I might like this website. He was totally right. This post actually made my day. You can not imagine just how much time I had spent for this information! Thanks!
F*ckin’ awesome things here. I’m very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you kindly drop me a mail?
I have learn several good stuff here. Definitely worth bookmarking for revisiting. I surprise how a lot attempt you put to create this sort of great informative web site.
You really make it seem so easy with your presentation but I find this matter to be really something which I think I would never understand. It seems too complicated and very broad for me. I am looking forward for your next post, I’ll try to get the hang of it!
Purdentix
Purdentix review
Purdentix reviews
Purdentix reviews
The content is well-organized and highly informative.
I love how user-friendly and intuitive everything feels.
This site truly stands out as a great example of quality web design and performance.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
I love how user-friendly and intuitive everything feels.
The content is well-organized and highly informative.
The layout is visually appealing and very functional.
I’m really impressed by the speed and responsiveness.
The content is engaging and well-structured, keeping visitors interested.
The layout is visually appealing and very functional.
The content is engaging and well-structured, keeping visitors interested.
The layout is visually appealing and very functional.
I’m really impressed by the speed and responsiveness.
I love how user-friendly and intuitive everything feels.
The content is engaging and well-structured, keeping visitors interested.
The layout is visually appealing and very functional.
The content is engaging and well-structured, keeping visitors interested.
I’m really impressed by the speed and responsiveness.
The layout is visually appealing and very functional.
The content is well-organized and highly informative.
The layout is visually appealing and very functional.
This site truly stands out as a great example of quality web design and performance.
I’m really impressed by the speed and responsiveness.
I will right away snatch your rss as I can not find your email subscription link or e-newsletter service. Do you have any? Please let me realize so that I may just subscribe. Thanks.