In brief
- Zcash will roll out quantum-recoverable wallets within a month, targeting enhanced security against future quantum computing threats.
- The privacy coin plans to achieve full post-quantum status within 12 to 18 months, positioning itself ahead of major cryptocurrencies in quantum resistance.
- ZEC has surged over the past month following Multicoin Capital’s disclosure of a “significant” position in the privacy coin.
Privacy coin Zcash is the latest cryptocurrency preparing to address the mounting threat of quantum attacks.
Speaking during a Thursday address at Consensus Miami’s Privacy track, Zcash Open Development Lab founder and CEO Josh Swihart said that quantum-recoverable wallets for the privacy coin are set to roll out within…
