Zcash ECC Presents The New Roadmap For The Upcoming 4 Years

Zcash ECC (The Electric Coin Company), that is responsible for the development of Zcash, has presented a new mid-term roadmap. The different tasks and goals in the roadmap are divided into three-time horizons: 0 to 6 months, 6 to 24 months and 24 to 48 months. The longer the planning periods are, the less well defined the plans are and are quite likely to suffer changes, the ECC says.

The focus in the next 6 months will be concentrated on the usability and interoperability of communities. Planed are a total number of six developments and objectives. One of these objectives is the completion of a “fly client”, a light client for smartphones, that is not a full participant in the Zcash peers’ network, yet it receives and sends payments while it does not need to store or validate a copy of the blockchain (ZIP-221). The goal is the implementation of ZIP-221 and an external audit for implementation as per the Zcash news.

The integration of shielded Coinbase transactions is the second goal from the six planned. A Coinbase transaction is the first transaction that occurs in a block and contains the mining reward for the miner in question. At this time Coinbase transactions in Zcash can only transparent outputs that are to say the block rewards can only go to transparent addresses. With this upgrade, the mining reward can be sent to shielded addresses (ZIP-213).

An additional goal is the enabling of RPC support for the viewing keys. This will provide the opportunity to exchanges to give external auditors insight into their guarded Zcash accounts. The goal number five for the time horizon of 6 months is the implementation of a prototype of Transparent Zcash Extensions (TZEs) which will simplify BOLT Layer 2 support and because of this will ease Atomic Swaps. Also, the ECC is working on improvements of the wallet SDK for shielded addresses for iOS and Android. In relation to this, the Zcash ECC says:

 “As we mentioned in the last livestream, we’re developing an internal-use wallet for both operating systems and learning a lot about wallet UX in the process. We’re currently alpha testing these wallets internally and excited to be open sourcing both the Android and iOS wallets before the end of Q2.”