Hot Development Between Lightning Labs and Tari - Coinleaks
Current Date:September 21, 2024

Hot Development Between Lightning Labs and Tari

Lightning Labsand blockchain startup Tari Labs, Lightning’s TaroHe agreed to convert the court order that halted the development of his protocol.

March 15In the filing made in lightningas well as Tari His lawyers suggested turning the restraining order into an injunction. Conversion of the decision into an interim injunction will halt the development of the protocol until the court decision. two companies, lightning‘of Taroprotocol, combine internal updates with the public source code of the protocol, and Taroagreed that it would not announce the next phase of its protocol.

Development of Taro Protocol Suspended

However, Lightning is allowed to respond to communications from non-Lightning developers and users, provided they do not use it to further Taro’s development.

Temporary ban, Tari Labssaid the name Taro infringed on its trademark rights because it was too similar to its own protocol called Tari, a registered trademark in the US March 13 given in. This decision, Judge of the District Court of California William Orricgiven by k.

With this development Lightning Labs, TaroIt has become unable to update its protocol.

Tari LabsFirstly December 8in Lightning Labs filed a trademark infringement complaint against In the complaint, he claimed that both firms compete in the same digital blockchain ecosystem and provide the same services in some similar cases.

The news about the banning decision sparked reactions on Twitter. Tari Labsco-founder Richard Spagni, March 15In a tweet he made in , the letters I and O were close enough to cause confusion on the computer keyboard, and Tariof a year ago TaroHe defended the case, saying that he had offered to finance the rebranding of .