HTC announces its entry-level blockchain Smartphone for cryptocurrency users

For people heavily investing in cryptocurrency, HTC has announced a new entry-level blockchain phone. After Exodus 1 launch last year, the HTC has now launched Exodus 1S.

Ever since the release of Exodus 1, HTC wanted a phone that could run a full bitcoin node, that is, the phone can relay, confirm, and validate bitcoin transactions. In short, the phone allows you to make an entire bitcoin transaction without any interference from a third party. Exodus 1s sports HTC’s Zion wallet allows the user to trade, lend, borrow or store various cryptocurrencies including Bitcoin, Stellar, ERC-20, ERC-721, Litecoin, and Ether.

Due to the reason that the phone features a much less powerful entry-level hardware, the phone has some limitations of its own. It is advised by HTC to use wifi and plug in the phone into a power source while running the full bitcoin mode as the phone uses a great amount of computing power when running the process. Also, the phone can save the entire Bitcoin ledger, but you need to buy a microSD card with at least 400GB of storage separately as at the moment the entire ledger takes a space of 260 GB and is currently growing at a speed of 60GB per year. Although the phone can run a full Bitcoin node, it does not operate as a mining node.

Apart from all these features, Exodus 1S also sports a 5.7 inch 18:0 HD+ display, 4GB of RAM, a 64GB of internal storage, and a single 13-megapixel PDAF (Phase Detection AutoFocus) camera on the back as well as the front. The phone provides the user with an SD card slot, two SIM card slots with 4G and 3G dual standby.

Even though the price of Exodus 1S is much less than its former model, which is, $244, the phone runs on a Qualcomm Snapdragon 435 chipset and supports Android Oreo 8.1. The phone also provides a 3.5mm headphone jack, a MicroUSB port for charging and a rear-facing fingerprint sensor.

For security purposes, the phone has a Trusted Execution Environment (TEE), which runs in a sandbox environment to guard against common attacks like keyloggers and the phone uses the concept of key sharding which allows the user to recreate their private key.

After the declining sales of HTC phones, the launch of Exodus is Taiwan tech giants attempt to resurface again in the market using cryptocurrency users as the main customers for the market. With not as many features as Exodus to satisfy the cryptocurrency enthusiasts, 1S is said to be a phone people can experiment with.

The Decentralized Chief Officer at HTC, Phil Chen, claimed the Exodus to be empowering and metaphorical Swiss Bank in your pocket. Exodus 1S is an attempt to make Chen’s statement true by providing the entire Bitcoin ledger in the user’s pocket to verify any transaction without a third party.
Sadly, the phone won’t be available in the US but can be ordered from HTC’s site in Europe, Taiwan, Saudi Arab, and the United Arab Emirates with payments via Bitcoins, Euthereum, Litecoin, Binance Coin, and Bitcoin cash.

Leave a Comment

Your email address will not be published.