1. Matter Labs: Will not file any new trademark applications for ZK link
Matter Labs tweeted that it would like to thank Vitalik Buterin, NEAR founder Illia Polosukhin, Hasu and others for their comments and suggestions on how to ensure that key terms such as ZK remain freely available and free from abuse. The following is a community proposal that is fully supported: Establish a legal entity without an owner whose sole purpose is to hold trademarks for ZK and similar key names. This work must be led by a trusted, impartial and neutral organization or community member; the entity provides free trademark licenses to everyone; invite many influential community figures and impartial and neutral organizations to join as guarantors. Matter Labs promises that it will not submit any new trademark applications for ZK. If the application is rejected, Matter Labs will not appeal. Matter Labs will never enforce any existing or future ZK trademarks it owns, except for defensive purposes, that is, to prevent others from suing us. Matter Labs also promises to financially support the creation of a community-led trademark holder entity and transfer all applied ZK trademarks to that entity.
2. Polyhedra Network said that its code will be adjusted from the original ZK to ZKJ link
Polyhedra Network said it will change its ticker from ZK to ZKJ when it is listed on cryptocurrency exchange HashKey Global on Friday. On Thursday, Polyhedra, Polygon and StarkWare issued a joint statement condemning zkSync’s use of ZK as a token symbol and calling on the community to demand that Matter Labs withdraw all trademark applications and use of the ZK symbol.
Linea, a L2 network backed by Consensys, tweeted in support of StarkWare’s statement and argued that zkSync developer Matter Labs should withdraw its ZK trademark application. Linea said that using a legal framework to claim ownership of a cryptographic fork used to develop a permissionless, decentralized L2 execution environment goes against the principles and purpose of Ethereum.
3. OP Labs launches beta version of custom gas token feature link
OP Labs announced that the beta version of the custom gas token feature is now available on OP Stack. Chain operators can enable this feature when deploying L2 or L3 chains and use ERC20 tokens other than ETH as gas fees. This feature allows projects to deploy chains that use their own tokens or community tokens as gas tokens. Blockchain game developers can also deploy their own chains and use custom gas tokens as in-game currency for players to pay gas fees.
4. Taiko has launched on mainnet and will launch tokens in a few weeks link
After development since 2022 and going through 7 testnets, Taiko, based on Ethereum rollup, has been launched on the mainnet. In the initial stage, Taiko's Rollup protocol contract is controlled by a multi-signature arrangement on Ethereum. The protocol initially requires SGX proofs, and plans to gradually transition to requiring 50% of blocks to use ZK proofs as part of its long-term expansion and security strategy. In addition, Taiko has integrated a type-1 zero-knowledge virtual machine. The Taiko token is expected to be launched a few weeks after the mainnet launch, and plans to launch a points incentive program called Trailblazers. Taiko also plans to launch a DAO later this year to gradually transfer control of the protocol to its community.
5. ENS Labs proposes to migrate ENS from Ethereum mainnet to Layer 2 link
ENS Labs proposes to expand the Ethereum Name Service (ENS) to Layer 2 and calls this work "ENSv2". ENSv2 aims to enhance scalability and reduce gas fees by moving core functions from the Ethereum mainnet to the Layer 2 blockchain. However, ENS Labs has not yet selected a specific stack or Layer 2 network for migration, which will become the new platform for users to interact with ENS after the migration is completed.
According to the ENS data panel, since the beginning of this year, the number of newly registered ENS domain names has reached 175,000, while the number of Ethereum independent addresses has increased by about 16.9 million, and the number of newly registered ENS domain names accounts for only about 1% of the number of new addresses. Although ENS can still maintain more than one million US dollars in revenue each month, in the past three months, the revenue generated by ENS from renewals of old domain names has exceeded the revenue captured by newly registered domain names. ENS's bottleneck in the number of new domain name registrations on Ethereum may be one of the reasons why ENS Labs recently proposed to expand the ENS domain name service to Layer2. Previously, Vitalik praised ENS as the most successful non-financial application.
6. Friend Tech Lianchuang published a statement saying that he was "excluded by the Base community" and intends to move out of Base link
Racer, co-founder of friend tech, a social application on the Base chain, said in the early morning that if you can figure out a way to migrate friend tech from Base without causing major problems for users, and the effect is good enough for us to decide to use it, we will pay you $200,000. Racer said that the relationship between the friend tech team and Base has been unstable, and said that it was excluded by the Base community. The tweet is currently invisible. In response, Jesse Pollak, head of Base at Coinbase, tweeted that he acknowledged that the friend tech team felt isolated and disconnected from Base and parts of the Ethereum ecosystem. It would be sad if the team decided to leave Base, but they also respected and supported their choice.
7. pump.fun’s fee income in the past 30 days is $14.12 million, exceeding Uniswap Labs link
Pump.fun, a meme coin issuance platform on Solana, has earned $14.12 million in fees in the past 30 days, surpassing Uniswap Labs to become the fourth largest protocol among all blockchain networks.
8. Uniswap Foundation postpones token staking and delegation reward voting link
The Uniswap Foundation tweeted that the Uniswap protocol governance proposal vote originally scheduled to go live today (Friday) will be postponed due to new issues raised by stakeholders that require further review and verification. The Foundation made this decision in view of the immutability and sensitivity of the proposed upgrade.
Previously, the Uniswap Foundation announced that Uniswap v4 will be launched later this year. It has cooperated with Uniswap Labs to select 5 top auditing companies. The audit will begin this week and will last for several months.
9. EOS Network Foundation announces that the first part of token economics has come into effect, and staking rewards are expected to start in June link
The EOS Network Foundation announced that the first part of the token economics has come into effect. The proposed changes include limiting the total number of EOS tokens to 2.1 billion, allocating funds to purchase 35 million EOS in RAM, and 315 million EOS for RAM market making. The second part is about to be launched, exploring the transition to REX 2.0. EOS staking rewards are expected to start at the end of June, including transferring system fees to block producers (BPs), transferring staking rewards to REX, and changing the REX staking lock-up period from 4 days to 21 days.
10. Atomicals Protocol releases AVM virtual machine white paper link
The BTC ecological protocol Atomicals Protocol released the AVM virtual machine white paper on May 28. According to @tmel0211, this is a way to simulate the Bitcoin virtual machine, so that the originally "stateless" Bitcoin main network can realize the ability to carry a smart contract system, and then complete the state recording and processing capabilities of more complex assets other than BTC assets, similar to Turing complete smart contracts. The white paper clarifies a reasonable way to execute the built-in virtual machine, but how it will actually be deployed online and how it will operate in the application environment and how it will run stably are still unknown.
