{"id":96944,"date":"2026-05-08T17:05:45","date_gmt":"2026-05-08T14:05:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96944"},"modified":"2026-05-08T17:10:17","modified_gmt":"2026-05-08T14:10:17","slug":"zcash-to-introduce-quantum-resistant-wallets","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/zcash-to-introduce-quantum-resistant-wallets\/","title":{"rendered":"Zcash to Introduce Quantum-Resistant Wallets"},"content":{"rendered":"

The Zcash<\/a> team is set to unveil wallets with recovery mechanisms against quantum threats within a month. This announcement was made by Josh Swihart, founder and CEO of Zcash Open Development Lab, at the Consensus conference, as reported by CoinDesk<\/a>.\u00a0<\/p>\n

According to him, the complete transition of the network to post-quantum standards will take 12-18 months. Separately, the project is working on scaling to Mastercard and Visa-level throughput within a similar timeframe.<\/p>\n

Swihart stated that Zcash aims to return the industry to the original idea of private peer-to-peer payments. He noted that Bitcoin functions well as a store of value and ETF<\/a> instrument, but is “fundamentally broken” as a confidential settlement system due to its fully transparent ledger.<\/p>\n

Open balances allow governments and other participants to track users’ assets and potentially apply seizure mechanisms or pressure, the expert emphasized.\u00a0<\/p>\n

Zcash Rally<\/h2>\n

Over the past week, the price of ZEC has risen by more than 60%. On May 6, the asset’s rate exceeded<\/a> $585 for the first time since November 2025.\u00a0<\/p>\n

At the time of writing, the coin is trading around $571 (-0.1% for the day).\u00a0<\/p>\n

\"image\"
Hourly chart of ZEC\/USDT on Binance. Source: TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n

A driving factor was a statement by Multicoin Capital co-founder Tushar Jain: since February, the fund has formed a “significant position” in Zcash.\u00a0<\/p>\n

An additional factor is the growth of ZEC’s shielded supply. Currently, about 30% of coins in circulation are in the private pool \u2014 a historical maximum for the network.\u00a0<\/p>\n

According to Swihart, user demand is channeled through the mobile wallet Zodl (formerly Zashi<\/a>). In October, it integrated an intent system from the NEAR protocol. This allowed for the direct exchange of Bitcoin, Solana<\/a>, USDC<\/a>, and other assets into shielded ZEC.\u00a0<\/p>\n

\n

\ud83d\udee1\ufe0f The Zolana Bridge is live.<\/p>\n

Your Intent: $ZEC<\/a> on Solana.<\/p>\n

Delivered: with NEAR Intents + OmniBridge powering Zcash\u2019s $ZEC<\/a> token on Solana. pic.twitter.com\/cXBqgCXXTK<\/a><\/p>\n

\u2014 NEAR Protocol (@NEARProtocol) October 16, 2025<\/a><\/p><\/blockquote>\n