HTC's new Blockchain phone to hit store shelves in Q3 | Tech

Crypto Key To Crypto Adpotion HTC May Bring Blockchain Mainstream With Exodus 1s Nick Chong

Crypto Key To Crypto Adpotion HTC May Bring Blockchain Mainstream With Exodus 1s Nick Chong

Coinfomania: Where blockchain and cryptos live. "We definitely want to support that first and given what bitcoin stands for, open, neutral, censorship-resistance", Chen said.

The Taiwan-based consumer electronics corporation HTC is looking to bring Bitcoin capabilities to more people.

Taiwainese mobile phone manufacturer HTC is launching a more affordable blockchain phone with full Bitcoin BTC node capabilities.

The company's Chief Decentralized Officer Phil Chen in a press statement today revealed that its company has plans to launch a second generation of the Exodus 1 blockchain smartphone in the coming months.

By launching a smartphone created to run a full node, HTC hopes that more people will help to keep the bitcoin network running and by that also make it more stable and secure.

HTC has been quiet for a while now, with no a single new smartphone in its lineup since January till this moment.

Chen told Coindesk that the EXODUS 1s would much cheaper than EXODUS 1, HTC's first attempt at a blockchain phone, which was released last December. However, the Exodus was built on the U12 chassis, and HTC doesn't have a newer flagship phone to use for its next blockchain project.

Similarly to the Exodus 1, the new phone comes with a built-in hardware wallet, known as the Zion Vault, which stores cryptocurrency keys in a trusted execution environment, thereby allowing users to easily own and spend cryptocurrencies without exposing them to malicious content. Full nodes are now the most private way to use BTC as well as the most secure as they do not suffer from many attacks that affect lightweight wallets.

The new Exodus 1s will also have improved support for decentralized browsing, messaging, and social media apps.

A full node is basically a complete register of all transactions made on the bitcoin network since the cryptocurrency was founded back in 2009.

Now, to make it clear you won't be mining Bitcoin on the Exodus 1s or any other phone that has an entire Bitcoin node.

As always, with innovation, we need to give time for development.

The release of this new smartphone resounds exactly what we were highlighting in the article the other day, the importance of running your own node not only to preserve your keys and data but to contribute to the expansion of a decentralized ecosystem.

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