coindesk.com
Zcash will roll out quantum-recoverable wallets within a month and reach full post-quantum status within 12 to 18 months, Zcash Open Development Lab founder and CEO Josh Swihart told a Consensus Miami audience on Thursday in a session moderated by Solana infra firm Helius's founder Mert Mumtaz.
A separate scaling track is targeting MasterCard- and Visa-scale throughput on a similar horizon.
The roadmap arrived during a $ZEC rally that has lifted the token more than 110% over the past 30 days as prominent crypto fund Multicoin Capital disclosed a sizable $ZEC investment and the privacy narrative caught on among investors, sentiment daata shows.
Swihart's pitch was that Bitcoin no longer holds up as the cypherpunk-grade money it was meant to be. The asset works as an ETF wrapper and a store of value, he said, but as a peer-to-peer private payment system "it's just fundamentally broken."
Visible balances on a transparent ledger let governments seize what they can see, he argued, the same wealth-visibility critique Multicoin's Tushar Jain leaned on this week when disclosing the fund's purchases.
The user-side traction is running through the Electric Coin Company's mobile wallet after an October integration with Near Intents opened cross-chain swaps from assets like BTC, SOL and $USDC directly into shielded $ZEC.
Near Intents lets a user state what they want, like turning $USDC into $ZEC, while specialized routers handle the multi-step trade across different blockchains in the background.
Roughly $600 million to $700 million has flowed through that route since launch, mostly to and from USD and $USDC, Swihart said. Near's broader intent-based system has processed close to $800 million in volume over the past 30 days alone, per Near Protocol data, with Ethereum, Solana and Zcash dominating the chain side.
A separate proposal to cut Zcash's target block time from 75 seconds to 25 seconds is in active discussion on the project's community forum, with bridges to Solana and Hyperliquid already live, Mumtaz noted.
Token-holder voting through Zashi is also slated, Swihart said, less as formal governance and more as an opinion layer feeding the project's existing rough-consensus model.
For traders, the cleanest near-term test is whether quantum recoverability actually ships within Swihart's stated month. The fail-safe is the shielded pool, which now sits at roughly 30% of circulating $ZEC, an all-time high. If it keeps growing alongside price, the rally is being underwritten by adoption rather than speculation