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Matter Labs abandons "ZK" trademark application

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Matter Labs, the entity behind zkSync, announced on the X platform that it has decided to abandon all trademark applications for the term "ZK". After discussions, the team found that it was impossible to reach a consensus among a group of people who are trusted and neutral. Solutions that work for Ethereum may not work for the entire world.

Earlier, Matter Labs proposed to create a community-led entity that holds the ZK trademark and provide financial support.

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