Zcash developers plan a fix to keep ZEC swaps private from future quantum computers
Summary
Engineers working on Zcash are preparing an update to shield token conversions from emerging quantum computing risks. The creators of Zakura plan to assign unique keys to individual trades processed through NEAR Intents. This approach prevents return addresses recorded on the NEAR public ledger from uncovering an individual's overall transaction records.
The team behind Zakura wants every swap through NEAR Intents to get its own key, so a refund address left on NEAR’s public chain can’t expose a user’s wider payment history.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.