⚡️BREAKING: Zcash ($ZEC ) is tackling the looming quantum threat to cryptocurrencies, aiming to introduce quantum-resistant technology by January 2027.
This upgrade would introduce hash-based digital signatures to protect wallets against future quantum attacks that could expose private keys and enable theft.
ZEC targets transparent transactions, where public keys are revealed when cryptocurrency is spent.
Developers are also testing technology that allows wallets to verify their balances without revealing their addresses to servers.
The January deadline has not yet been confirmed, while shielded transactions will require separate protections.
#ZcashTargetsJanuaryForQuantumResistantPayments
#zec
$JCT
$MAGIC
This upgrade would introduce hash-based digital signatures to protect wallets against future quantum attacks that could expose private keys and enable theft.
ZEC targets transparent transactions, where public keys are revealed when cryptocurrency is spent.
Developers are also testing technology that allows wallets to verify their balances without revealing their addresses to servers.
The January deadline has not yet been confirmed, while shielded transactions will require separate protections.
#ZcashTargetsJanuaryForQuantumResistantPayments
#zec
$JCT
$MAGIC