LONDON (IT BOLTWISE) – The developers of Zcash are intensively preparing for the threat of quantum computers. These could be able to break the cryptography of blockchains and endanger user privacy. Zcash has already taken measures to ensure the security of its platform.
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The developers of Zcash have intensively addressed the threat of quantum computers that could be able to break the cryptography of blockchains. This threat is considered a serious threat to user privacy and security. Zcash, a privacy-focused cryptocurrency, has already taken measures to ensure the security of its platform.
A successful quantum computing attack could threaten user privacy by being able to decrypt old blockchain data and expose users’ transactions. This would strike at the heart of Zcash’s design, which is designed for anonymity and security. The developers have therefore developed plans to protect the platform against such attacks.
A central component of these plans is the concept of “Quantum Recoverability”. This concept stipulates that in the event of an attack, the network can be paused and updated so that users can continue to access their funds. This does not require an immediate shift to quantum-safe cryptography, but rather provides an interim solution until the technology is ready.
Although quantum computers are not yet capable of breaking current cryptography, preparation for this threat is crucial. Zcash has already completed much of the protocol work required to support Quantum Recoverability. The remaining steps mainly concern the wallet software, which is scheduled to be updated next year.
The discussion about the threat of quantum computing has gained momentum in the industry, especially after Ethereum co-founder Vitalik Buterin warned of possible attacks by 2028. However, Zcash considers itself well prepared and has already taken measures to ensure the security of its platform. The developers are confident that they can implement the remaining changes without any major problems.
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