HTC Announces Exodus 1s; Has Ability To Run Full Bitcoin Node

A new Exodus phone is coming

The phone is to be launched with support for the bitcoin blockchain but HTC have not ruled out adding support for additional blockchains in the future. Both Exodus 1 and 1S by the end of Q3 will have the feature according to the announcement. It is a cheaper version of their Exodus 1 which was launched previous year and it will be capable of running a full Bitcoin node out of the box.

Phil Chen, who serves HTC with the unusual title of Decentralized Chief Officer, described the new device as a part of the company's mission to "empower the user".

In what will come as a surprise, phone company HTC announced that it was unveiling HTC Exodus 1s, which is a cheaper version of the Exodus 1 phone with built-in cryptocurrency and blockchain.

A software development kit (SDK) will be available for its Zion Vault, HTC's crypto wallet app, with an eventual plan to open-source the code behind its social key recovery mechanism.

Chen says the company's next blockchain phone will launch in the second half of 2019.

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Besides the return of the Zion secure storage, the Exodus 1s also has some new features.

HTC says that the Exodus 1s will be made available later this year, and will be purchasable with cryptocurrency, United States dollars, and other fiat currencies.

"The bitcoin blockchain is about 200 [gigabytes], and it's growing about 60 gigs per year". And those numbers are reasonable to hold on a smartphone. You can securely store Bitcoin and other digital currencies on the device, and it supports decentralized app technology.

"I think running light nodes, like ethereum for example, is definitely doable, [but] it all depends on the spec".

HTC said it will be revealing full specifications and other features of the phone in coming weeks. "By taking a more long-term, ecosystem perspective as a device manufacturer we believe we can help grow this network for application developers which in turn would benefit everyone using Bitcoin". Moreover, it will ship with an extra SD card, in order to better support the phone's blockchain capabilities. You'll just be one of the extremely cool kids with an entire Bitcoin node in your pocket.

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