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Zcash CEO: Launching quantum recoverable wallets within a month, achieving full quantum protection by 2027

2026-05-08 17:18:10
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At the Consensus 2026 Miami conference, Zcash Open Development Lab CEO Josh Swihart announced that Zcash will launch a quantum recoverable wallet within a month and fully achieve post-quantum status within 12 to 18 months.

Additionally, the independent scaling solution aims to achieve Mastercard/Visa-level throughput within a similar timeframe. On the user side, the Electric Coin Company's wallet has enabled cross-chain swaps from assets like BTC, SOL, and USDC to privacy ZEC through the integration of Near Intents, with approximately $600-700 million in funds flowing through this route since its launch. The Near ecosystem's 30-day processing volume is close to $800 million, with Ethereum, Solana, and Zcash being the main chains.

Furthermore, the project community is discussing reducing the Zcash block time from 75 seconds to 25 seconds, and the cross-chain bridge with Solana and Hyperliquid has gone live. A voting feature for token holders will also be launched, serving as an opinion layer for the project's existing consensus model. Currently, Zcash's shielded pool accounts for 30% of the circulating supply, reaching an all-time high. Analysts believe that if this ratio continues to grow with rising prices, this round of increase will be driven by real adoption rather than mere speculation.

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