The famous Taiwanese electronics manufacturer HTC has recently launched the HTC blockchain phone named the Exodus 1, which allows users to support the Bitcoin network. The manufacturer unveiled the device on Saturday at the lighting Conference in Berlin, where the company claimed the new product and said that it is the first smartphone to be able to run a full Bitcoin node.
The HTC blockchain phone can also propagate transactions and blocks anywhere. As Phil Chen who is the chief decentralized officer at HTC said in a statement:
“Full nodes are the most important ingredient in the resilience of the Bitcoin network and we have lowered the barrier to entry for any person to run a node.”
The new smartphone will arrive to the market at a price of €219 ($244), which is right now about a third of the cost of its predecessor, the Exodus 1. The manufacturer (HTC) will sell the new version at the Berlin conference using the Lighting payment network.
The HTC blockchain phone was in the cryptocurrency news before this for its impressive features. As per the details, the device allows users to install a 400+ GB SD card and expand its memory, allowing it to cope with the increasing data capacity that is required to store the full Bitcoin ledger. The current size of this ledger is right now around 250 GB, according to Blockchain.
The company also recommended users to connect to WiFi and plug into a power source while running the full node, though it can also be used on the go. As described by users, the HTC blockchain phone is “great” because it has a built-in hardware wallet to help each user store cryptocurrency. By default, it comes with a 4 GB of RAM and 63 GB of storage – running on Android Oreo 8.1.
“We are providing the tools for access to universal basic finance; the tools to have a metaphorical Swiss bank in your pocket,” Chen said.
The HTC blockchain phone the Exodus 1 will be available in 27 countries all around Europe and the Middle East, including Germany, Greece, Saudi Arabia and UAE. It is currently not planned for sale in the US.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]