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Zcash Launches Post-Quantum Security Roadmap, Aiming for Completion by 2027
Zcash officially announced a new security roadmap targeting full resistance to quantum computing threats within the next 12 to 18 months. One of the developers at Zcash Open Development Lab, Josh Swihart, stated that the launch of a quantum-recoverable wallet will begin within a month as an initial step to anticipate the "Q-Day" risk. In addition to cryptographic strengthening, this network aims for throughput comparable to Mastercard and Visa to modernize private payment systems.
This modernization coincides with a record high in privacy feature adoption, where Zcash's shielded pools now hold 30% of the total circulating ZEC supply. Zcash developers have prepared major protocol changes over the next two years to ensure long-term resilience against cryptographic key hacking. This move reinforces Zcash's position ahead of other major cryptocurrencies in terms of post-quantum security.
Market sentiment also strengthened with a 73% increase in ZEC price over the past month, driven by the disclosure of significant investment positions from Multicoin Capital. This institutional investor is seen as support for the cypherpunk ideals within the crypto ecosystem. Additionally, cross-chain integrations have triggered fund flows of up to $700 million into the Zcash ecosystem, with the dominant volume coming from stablecoins like USDC.