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Zcash core development team ZODL releases strategic roadmap: focusing on post-quantum, security scalability, and user experience

The Zcash core development team Zcash Open Development Lab (ZODL) founder Josh Swihart released the latest progress on Zcash, proposing a strategic direction centered on "post-quantum security, scalability, and user experience," and using the Artemis II lunar mission as a metaphor to emphasize achieving seemingly impossible goals through technological breakthroughs. The ZODL team stated that Zcash is entering the "Zcash IV" phase, which will build infrastructure similar to a "lunar base" to support the protocol and application security scaling to billions of users, while promoting the vision of privacy transactions without large-scale financial surveillance.On the product and technology front, ZODL continues to iterate, with its 3.3.x version now launched on iOS and Android, adding hardware wallet connection management, SDK upgrades, and multiple experience optimizations, while advancing key developments such as Keystone wallet functionality and address system upgrades (ZIP 316, UIVK/UFVK). Meanwhile, the Zcash core team has fixed multiple system issues and is advancing the development of the Zallet alpha version, while strengthening unified address standards and wallet interaction experiences, laying the groundwork for future scalability and performance improvements.In addition, ZODL disclosed that its application data continues to grow and participated in a stablecoin privacy summit to strengthen industry collaboration. However, due to upgrades in regulation and network restrictions, ZODL has temporarily removed its app from the Russian app store. The team emphasized that privacy is not an option but a fundamental need in the digital age, and will continue to accelerate delivery pace to promote the popularization of ZEC and ecological development in the future.

Circle's Arc public chain releases a post-quantum cryptography roadmap, covering full-stack upgrades from wallets to validators

According to the official blog, Circle's institutional-grade blockchain Arc has released a phased upgrade roadmap for post-quantum cryptography (PQ), planning to introduce post-quantum signature schemes at the launch of the mainnet, gradually covering full-stack layers such as private state protection, infrastructure hardening, and validator authentication.The Arc mainnet will support post-quantum signatures from the outset, using an opt-in mechanism that does not require mandatory migration or a full network reset, allowing users to independently create wallets with long-term security. The recent goal is to extend quantum resistance to the private virtual machine (VM) layer, protecting private balances, private transactions, and private payees, with public keys additionally encapsulated in a symmetric encryption layer under privacy mode.The mid-term plan is to advance the upgrade of the infrastructure layer, aligning with industry standards such as TLS 1.3, covering access control, cloud environments, and hardware security modules (HSM). The long-term goal is to complete the hardening of validator signatures. Given that Arc's block finalization time is less than 1 second, the current assessment considers the risk of quantum attacks in this phase to be relatively limited, and it will be steadily advanced after the post-quantum consensus toolchain matures.Circle also warns that attackers may adopt a "collect now, decrypt later" strategy, and institutions should plan their cryptographic migration paths as early as possible.

The launch of the first batch of compliant stablecoin licenses in Hong Kong has been postponed, and the Monetary Authority responded that it is making every effort to advance the process

The first batch of issuer licenses in Hong Kong was originally scheduled to be issued in March 2026, but it has not materialized as planned. A spokesperson for the Hong Kong Monetary Authority (HKMA) responded that the HKMA is fully committed to advancing the licensing process and will make announcements to the public at the appropriate time.Regarding who will obtain the first batch of stablecoin licenses in Hong Kong, the market has previously focused on two major Hong Kong dollar issuing banks, HSBC and Standard Chartered. HSBC has not publicly disclosed whether it has submitted an application for a stablecoin license. However, as early as mid-January this year, there were rumors in the market that HSBC had a good chance of obtaining the first batch of licenses. Currently, there is no clear official disclosure on why the issuance of stablecoin licenses has been delayed beyond the anticipated timeline.Individuals close to the stablecoin license applications revealed that the HKMA has been in close contact with the first batch of potential compliant licensees, and there are still proposed amendments regarding the issuance matters. In addition, the second batch of compliant stablecoin licenses in Hong Kong is also in the application process. Reliable sources indicate that Futu Securities and OSL Group are strong contenders for the second batch of licenses.
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