Users are expected to gain access to the new feature by summer 2026.
The Zcash team has announced the launch of quantum-recoverable wallets within the next month. Full post-quantum network protection is planned for 2027, within 12 to 18 months.
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Zcash Open Development Lab founder and CEO Josh Swihart made the announcement at the Consensus Miami conference, as reported by CoinDesk.
Zcash’s Future Plans and Criticism of Bitcoin
Beyond post-quantum protection, Zcash is working on scaling the network to Visa and Mastercard-level throughput.
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Swihart also criticized Bitcoin (BTC), stating that the first cryptocurrency no longer aligns with its original cypherpunk purpose as a private peer-to-peer payment method. In his view, BTC▼$62,835.00 has become a “shell for ETFs” and a store of value, but due to blockchain transparency, it is easily tracked by governments.
ZEC Price Shows Impressive Growth
The announcements come amid a powerful rally in the ZEC▼$449.15 token. Over the past 30 days, the price has risen more than 73%. Market capitalization has approached $10B, and shielded pools have reached a record 30% of total supply—an all-time high for the project.
Although the token showed no strong movement over the past 24 hours, ZEC has risen more than 63% over the past week. The growth coincides with a broader altcoin rally, leading some market participants to suggest a possible altseason may be beginning.
ZEC’s rise is attributed to several factors:
- Large investments from Multicoin Capital, which has been building its position since February
- Listing on Robinhood
- Discussions of a possible Grayscale ETF
- A broader revival of interest in privacy coins
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