ZEC tops $1,171 as quantum-proofing work speeds up – Inside Zakura’s proposal

Zcash developers are in a rush to create a wallet-level change to limit the future impact of quantum attacks. The proposed updates would allow every ZEC swap on NEAR to use its own private key. Zcash privacy swaps target future quantum risks The team behind Zakura is stepping up to address future quantum risks. Notably, the developers have proposed giving every ZEC swap made through NEAR Intents its own private key. The privacy milestone would practically reduce or entirely close the gap that quantum computers could use to piece together users' payment histories. When users swap private ZEC for USDC via NEAR Intents, a single private Zcash address is published, and any unused ZEC can be returned. The address then remains visible regardless of whether a refund is needed.

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