Zcash to add quantum-recoverable wallets within a month, go post-quantum by 2027
Summary
Josh Swihart, founder and CEO of the Zcash Open Development Lab, announced that Zcash will roll out quantum-recoverable wallets within a month, with full post-quantum status expected within 12 to 18 months. Speaking at Consensus, Swihart argued that Bitcoin has lost its utility as a private payment system, whereas Zcash continues to prioritize privacy. The project is also pursuing aggressive scaling to achieve transaction throughput comparable to major payment processors like MasterCard and Visa. Additionally, Zcash is exploring a reduction in block times and enhancing interoperability through bridges to networks like Solana.
(Source:CoinDesk)