Zcash to Introduce Quantum-Resistant Signature Opcode in January; Vizor Wallet Launches Private Query Feature

iconKuCoinFlash
Share
AI summary iconSummary
Zcash is set to implement a quantum-resistant signature opcode as part of a network upgrade in January, according to the Zakura development team. The update will enable hash-based signatures for transparent payments, which disclose transaction details, while shielded payments remain private. The proposal includes address rotation and WOTS hash-based signatures to reduce public key exposure. The Vizor wallet has added a private query feature for testing. The network upgrade timeline remains unconfirmed. Ethereum researcher Justin Drake has warned of potential AI-driven cryptographic breaches within months. New token listings are also being monitored across major exchanges.

Odaily Planet Daily reports that the Zcash full-node development team, Zakura, stated that quantum-resistant signature opcodes are expected to be introduced to the network in January, enabling hash-based signatures for transparent payments. Zcash’s transparent payments publicly display transaction information, while shielded payments conceal the sender, recipient, and amount.

This solution combines address rotation with private information retrieval, allowing the wallet to generate a new address after each transaction and reduce public key exposure risk using WOTS hash-based signature backups. The Vizor wallet is launching its private query feature this week, and users can enable testing in settings.

Zakura’s solution currently only covers Zcash transparent payments, and the network has not yet confirmed the activation time for the opcode. Ethereum researcher Justin Drake has warned that AI-driven mathematical breakthroughs could crack the relevant signatures within months rather than years; Vitalik Buterin believes it is possible that encryption technology could be broken within the next two years. (Decrypt)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.