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🛡 Zcash will introduce wallets with a recovery mechanism in case of a quantum threat within a month. This was announced by Zcash Open Development Lab CEO Josh Suhart.
The full network transition to post-quantum standards will take 12–18 months. Meanwhile, the team is scaling throughput to the level of Mastercard and Visa.
Suhart called Bitcoin "fundamentally broken" as a confidential settlement system due to its transparent ledger. According to him, open balances allow governments to track user assets and exert pressure.