HTC’s New Low-Cost Blockchain Phone Exodus 1s Will Support Bitcoin Network By Running A Full Node
HTC – a Taiwanese electronics company has announced it's new smartphone with the name Exodus 1s, empowering clients to run a full Bitcoin (BTC) node on a portable phone. Exodus 1s was launched this weekend at the Berlin's Lightning meeting. HTC plans to clarify that the Exodus project is something beyond a unique case. Its accessibility will be in all the different forms of cryptographic money.
The new Exodus 1s is a lower-cost form of the evolving HTC's blockchain-powered phone Exodus 1, which as of late has enabled the users to support BTC.
The firms stated that the estimated cost of the device would be $233 in the market. The new gadget will be accessible to purchase coins utilizing Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Binance Coin (BNB) and Bitcoin Cash (BCH). The Lightening payment network will be used to sell the upgraded version of Exodus 1 at the Berlin meeting.
Since it requires more data capacity to store the full bitcoin records, the gadget will enable its users to install a 400+GB SD card to enlarge its memory. As indicated by Blockchain, presently the size of the full record closes on 250 GB. The cell phone requires a wifi connection to run on a full node or a plug into a power source. Likewise, it can be utilized without such connections. Though the company recommends a connection to be used.
The cell phone features a built-in wallet to help clients safely store cryptographic forms of money. And features of the Exodus1 are 4 GB of RAM and 63 GB of capacity and keeps running on Android Oreo 8.1
The firm announced the device will be first available for clients in 27 countries like Europe, Taiwan, Saudi Arabia, and the UAE. It does not plan to be offered on sale in the U.S yet.
Decentralized Chief Officer at HTC – Phil Chen, expressed that Exodus 1s's launch, the firm has brought down the barrier at an entry-level for any individual to run a node and take an interest globally. Exodus 1s‘ forerunner Exodus 1 was available for orders for presale last year on October 23 in 34 areas, including the U.S., U.K. and Hong Kong.
Not only concerns related to purchasing and selling cryptocurrencies, but cell phone makers are also progressively looking at blockchain innovations as an approach to reassure clients worried about the security of their private data.
The Chief Officer at HTC said – “We care about this portable identity and users owning their identity and data, and we believe that the phone is the best place to do that’’.