Zcash Preps for Quantum Threat

Zcash, a privacy-focused cryptocurrency, is preparing for the potential threat of quantum computers. Quantum machines could expose past transactions, posing a significant risk to user privacy. Zcashs community-driven upgrade process allows for a more agile response to evolving challenges. The cryptocurrencys strategy includes quantum recoverability, a mechanism that would allow the network to be paused, updated, and users to still access their funds if quantum computers become powerful enough. While not fully quantum-resistant yet, Zcash is working towards this goal with updates to wallet software.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.