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cryptofreak

Want to know more about the Blockchain phone - Exodus?

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Decentralized Chief Officer of HTC brand announced their plan to create HTC first native blockchain powered phone called Exodus. Statement was made during New York City's Consensus Blockchain on May 15th. Below is a brief explanation of everything we need to know about the device:

  • Only BTC and ETH will be accepted as payment options in the phone’s upcoming presale.
  • It will possess a cold hardware wallet
  • It will feature a built-in Dapps store
  • The phone’s operating system is Android (and with some HTC customizations)
  • According to Chen, at first on-device crypto mining will not be featured on the phone; HTC is however looking into this problem to find a better and efficient mining approach, and plans that later in the year, a detailed white paper will be released.
  • Every phone will be a node (HTC says it wants to double and triple the number of nodes of Ethereum and Bitcoin)
  • The idea behind HTC’s blockchain phone was suggested by Chen, and at the start of 2018, the HTC developers started working to develop the phone’s software.
  • There is a collaboration with Cryptokitties (to encourage gamers and the non-crypto crowd to try the Exodus)
  • In a tweet, Dominic Williams, worker at DFINITY said that we should expect "hardware within the phones to facilitate secure private key management, transparent gas payments when using dApps and more."
  • Exodus plans to support underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. Charlie Lee (Litecoin founder) said the phone will also natively support LTC; in addition, Charlie Lee will act as one of the advisors to the project.
  • Although “early access” has been promised to potential users by the 3rd quarter of 2018, in the 4th quarter, general availability in the U.S or Europe is expected. On 10th July, Chen in an interview with The Verge said that by the end of the year, the phone should be made available. He also said that as soon as Exodus is released, it would be available globally and that it would be available “definitely everywhere outside of China” (since different rules are outlined in China, everywhere from regulations to how Android even functions in the country).

 

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