Ethereum Founder Vitalik Buterin & Others Applauded By MatterLabs Amid ZK Saga, Here’s All

June 1, 2024 | by magnews24.com

The recent trademark application by Matter Labs for the term “ZK,” a common abbreviation for zero knowledge in the cryptographic community, has ignited a significant debate within the Ethereum ecosystem. Matter Labs, known for its pioneering work on zkSync, a Layer 2 scaling solution for Ethereum, aims to assert exclusive ownership over this fundamental concept. This move has caused considerable concern among Ethereum enthusiasts and the broader cryptographic community.

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