Zcash Targets Quantum-Proof Future by 2027

Zcash Targets Quantum-Proof Future by 2027
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The post Zcash Targets Quantum-Proof Future by 2027 appeared first on Coinpedia Fintech News
Privacy-focused crypto project Zcash is making a major push toward becoming resistant to quantum computing threats. Speaking during the Privacy track at Consensus Miami, Zcash Open Development Lab CEO Josh Swihart revealed that “quantum-recoverable” wallets are expected to launch within the next month.
According to Swihart, the broader goal is to make Zcash fully post-quantum secure within the next 12 to 18 months. Alongside that, the network is also aiming to achieve payment speeds comparable to Visa and Mastercard. Swihart also criticized Bitcoin, saying it is “fundamentally broken” as a private peer-to-peer payment system.
ZEC Rally Gains Institutional Support
Zcash has been one of the stronger-performing crypto assets recently, with ZEC surging more than 73% over the past 30 days, according to CoinGecko data.
A big part of that momentum came after Multicoin Capital disc

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