Zcash to add quantum-recoverable wallets within a month, go post-quantum by 2027
Zcash will roll out quantum-recoverable wallets within a month and reach full post-quantum status within 12 to 18 months, Zcash Open Development Lab founder and CEO Josh Swihart told a Consensus Miami audience on Thursday in a session moderated by Solana infra firm Heliuss founder Mert Mumtaz. A separate scaling track is targeting MasterCard- and Visa-scale throughput on a similar horizon. The roadmap arrived during a ZEC rally that has lifted the token more than 110% over the past 30 days as prominent crypto fund Multicoin Capital disclosed a sizable ZEC investment and the privacy narrative caught on among investors, sentiment daata shows. Swihart‘s pitch was that Bitcoin no longer holds up as the cypherpunk-grade money it was meant to be. The asset works as an ETF wrapper and a store of value, he said, but as a peer-to-peer private payment system “it’s just fundamentally broken.” Visible balances on a transparent ledger let governments seize what they can see, he argued, the same wealth-visibility critique Multicoin‘s Tushar Jain leaned on this week when disclosing the fund’s purchases. The user-side traction is running through the Electric Coin Companys mobile wallet after an October integration with Near Intents opened cross-chain swaps from assets like BTC, SOL and