quantum computing
4 months agoNews Editor 01

Lightning Labs CTO Unveils Quantum-Resistant Bitcoin Wallet Rescue Prototype

Lightning Labs CTO Olaoluwa Osuntokun has developed a prototype to help Bitcoin users recover funds from vulnerable wallets in the event of a quantum computing attack. Using zero-knowledge proofs, the system allows ownership verification via seed phrase without exposing private keys. Tests show proof generation under one minute and file size of 1.7 MB, providing a scalable rescue mechanism.

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Lightning Labs CTO Unveils Quantum-Resistant Bitcoin Wallet Rescue Prototype
Sovright
5 months agoNews Editor

Zcash's Sovright Launches Argos Wallet Recovery Tool to Unlock Stuck Funds for Early Users, Tests Privacy-Focused Mining Pool

Sovright发布Argos钱包恢复工具,帮助早期Zcash用户找回因2022年旧版ZEC Wallet Lite停止维护而卡住的资金。执行董事会主席Michelle Lai称受影响金额可观,主要集中在早期长期持有者。同时Sovright正在测试隐私型Zcash矿池以分散算力,并且团队与分拆成立的ZODL(获Paradigm、a16z支持)保持非对立关系,专注于钱包可用性和基础设施稳定性等遗留问题。

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Zcash's Sovright Launches Argos Wallet Recovery Tool to Unlock Stuck Funds for Early Users, Tests Privacy-Focused Mining Pool
Zcash
5 months agoNews Editor

Zcash Nonprofit Sovright Launches Argos Tool to Recover Stuck ZEC from Legacy Wallet

Sovright, the nonprofit successor of Zcash development company Electric Coin Company, has released a new wallet recovery tool called Argos. It helps early Zcash users retrieve funds trapped in shielded addresses after the legacy ZEC Wallet Lite ceased maintenance in 2022. Sovright Executive Chair Michelle Lai noted that the exact number of affected addresses and total losses are unknown but estimated to be 'substantial,' primarily impacting long-term early adopters. The tool addresses a historical technical debt and aims to restore trust within the Zcash community.

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Zcash Nonprofit Sovright Launches Argos Tool to Recover Stuck ZEC from Legacy Wallet
Zcash
5 months agoNews Editor

New Zcash Nonprofit Sovright Launches Argos Tool to Recover Funds Stuck in Legacy ZEC Wallet

Sovright, the nonprofit successor to Zcash development company Electric Coin Company, has released a new wallet recovery tool called Argos. It helps early Zcash users retrieve funds trapped in the deprecated ZEC Wallet Lite, which ceased maintenance in 2022. Sovright Executive Chair Michelle Lai noted that the number of affected addresses is unknown, but estimated losses are substantial, primarily impacting early and long-term users. The tool supports only specific shielded addresses and requires users to provide private keys or seed phrases.

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New Zcash Nonprofit Sovright Launches Argos Tool to Recover Funds Stuck in Legacy ZEC Wallet
Sovright
5 months agoNews Editor

Sovright Launches Argos Wallet Recovery Tool: Resolving Stuck Funds for Early Zcash Users, Amid Community Split and Privacy Mining Pool Testing

Sovright, the non-profit successor to the Electric Coin Company's Zcash R&D efforts, has officially released a wallet recovery tool named "Argos" to help early Zcash users recover funds that became inaccessible after the shutdown of the legacy ZEC Wallet Lite in 2022. Executive Board Chair Michelle Lai stated that the affected amount is "significant" but precise statistics are impossible due to shielded addresses. The tool requires users to retain old wallet mnemonics. Meanwhile, Sovright operates with only three core members and is testing a privacy-focused Zcash mining pool to reduce hash rate centralization. The organization's predecessor underwent major governance changes, with former Electric Coin Company employees leaving to form Zcash Open Development Lab (ZODL), backed by Paradigm and a16z. Sovright emphasizes no rivalry with ZODL and will continue addressing long-standing technical issues in the Zcash ecosystem.

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Sovright Launches Argos Wallet Recovery Tool: Resolving Stuck Funds for Early Zcash Users, Amid Community Split and Privacy Mining Pool Testing
Sovright
5 months agoNews Editor

Sovright Launches Argos Wallet Recovery Tool to Unlock Stuck Funds from Deprecated Zcash Wallet

Zcash生态非营利组织Sovright推出Argos工具,帮助早期用户恢复因2022年ZEC Wallet Lite停更而卡住的资产。执行董事会主席Michelle Lai称受影响金额可观,但难以精确统计。Sovright团队仅三人,正测试隐私矿池以降低算力集中度;前身Electric Coin Company员工已成立ZODL并获得Paradigm与a16z支持,Sovright强调与之无对立,专注解决遗留问题。

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Sovright Launches Argos Wallet Recovery Tool to Unlock Stuck Funds from Deprecated Zcash Wallet
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