The HTC Exodus 1s has been featured on many best cryptocurrency news sites as the first blockchain phone with really amazing features. On our our site, it has been described as a revolutionary gadget which sets the bar higher in the field of blockchain and cryptocurrencies.
Aside from the built-in key storage and the wallet features, this new device includes a full Bitcoin node which basically allows users to interact with the largest blockchain network directly from their pockets. The HTC Exodus 1s is revolutionary in this manner, setting a different pace for its competitors.
As a press release shared in the latest cryptocurrency news shows, HTC is initiating a new movement with this device and protecting the full-node capabilities as ones that would allow users to trustlessly interact with the Bitcoin network and without exposing their privacy to other parties.
In this manner, the HTC Exodus 1s is implementing full nodes to broadcast and verify transactions, ensuring that no coin can be spent twice and no user can be prevented from makign a transaction. Even though they don’t mine blocks, these serve an important role in ensuring that the blockchain remains secure and accessible for everyone.
The Decentralized Chief Officer at HTC, Phil Chen, was featured in the coming altcoin news for his statement which explains the HTC Exodus 1s in detail. As he said:
“We are democratizing access to the technology for a free world. 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.”
What’s interesting is that the Exodus blockchain phone also comes with a built-in hardware wallet which is known as the Zion Vault. This wallet stores cryptocurrency keys in a trusted execution environment and allows users to own and spend them without exposing to malicious applications.
All of this puts the HTC Exodus 1s a step ahead of its competitors. The new toolkit with the crypto wallet also allows developers to explore integrating cryptocurrencies within the smartphone through third-party apps.
“We understand it takes a community to ensure strength and security. So, it’s important to the EXODUS team that our community have the best tools available to them,” the team at HTC concluded in an announcement.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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