Zcash plots quantum-proof wallets, Visa-scale throughput as ZEC hits 75% monthly gain

Zcash is set to launch quantum-recoverable wallets within weeks and aims for a full post-quantum transition in 12-18 months, while also working to scale its network to handle transaction volumes comparable to Visa and Mastercard. Josh Swihart, CEO of Zcash Open Development Lab, highlighted the vulnerability of transparent blockchains like Bitcoin to monitoring and asset seizure, contrasting it with Zcash's privacy-focused approach. This development coincides with a significant rally in ZEC, which has seen a 75% increase in the past month, partly due to investment from Multicoin Capital and renewed interest in privacy cryptocurrencies. Zcash is implementing a multi-phase quantum-resistance strategy, including Project Tachyon, to protect against future decryption risks, potentially giving it an advantage over Bitcoin in adapting to quantum-era security.

(Source：Crypto Briefing)