According to CoinDesk, Zcash (ZEC) announced its plan to launch a 'quantum-recoverable' wallet within a month and to transition its network to a fully Post-Quantum system within the next 12 to 18 months. Josh Swihart, CEO of Zcash Development Lab, explained, "We are building a structure that allows users to safely transfer and recover assets in preparation for future quantum computer threats." He added, "While Bitcoin functions as a store of value, it has limitations in terms of a privacy-based P2P payment system." Meanwhile, Zcash also stated that it is simultaneously working on scaling to achieve transaction throughput on par with Visa and Mastercard.
