Polyhedra Accuses zkSync of Hijacking ZK Ticker
CryptoNewsTerminal Staff01 Jun, 2024
Polyhedra Accuses zkSync of Hijacking ZK Ticker
Polyhedra (ZK), the decentralized computing network, has accused zkSync developer Matter Labs of "attempting to hijack the ZK ticker by displaying the ZK trademark on exchanges." Polyhedra claims that this is not a defensive move and that there is no evidence that Ethereum founder Vitalik Buterin supports Matter Labs. Polyhedra went on to say that "in areas like AI, everyone can refer to AI [in their ticker]. If we allow companies to trademark ZK it sets a bad precedent for the industry. Matter Labs' application is still pending and this must be stopped." Matter Labs has previously stated that it will not enforce the ZK trademark except for defensive purposes.
