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Zcash to Launch Quantum-Recoverable Wallets Within a Month, Full Post-Quantum Status in 12-18 Months

Zcash is set to roll out quantum-recoverable wallets within a month, aiming to enhance security against future quantum computing threats. The privacy coin targets full post-quantum status within 12 to 18 months, positioning itself ahead of major cryptocurrencies like Bitcoin in quantum resistance. During a speech at Consensus Miami, Zcash Open Development Lab CEO Josh Swihart also announced plans to achieve throughput on par with Mastercard and Visa within the same period. The move comes amid growing anxiety over 'Q-Day,' when quantum computers could break current cryptography. A report by Project Eleven warned Q-Day could arrive by 2030, following a researcher's successful break of a 15-bit elliptic curve key using public quantum hardware. Major blockchains like Solana and Aptos are also hardening against quantum attacks, while Coinbase flagged proof-of-stake chains as particularly at risk. For wallet and key holders, this means Zcash users will soon have quantum-resistant wallets available, reducing the risk of funds being stolen by future quantum attacks. Full post-quantum status within 18 months offers a timeline for enhanced security. However, the cryptocurrency market faces broader risks, as quantum computers could eventually compromise private keys across many networks, including Bitcoin and Ethereum.

Key facts

  • Zcash to launch quantum-recoverable wallets within a month.
  • Full post-quantum status targeted within 12-18 months.
  • ZEC surged 73% in past 30 days amid institutional interest.
  • Network aims for throughput on par with Mastercard and Visa.
  • Shielded pool now holds 30% of circulating ZEC, an all-time high.

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