HTC's Next Smartphone Will Incorporate A Full Bitcoin Node

Yolanda Curtis
May 15, 2019

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.

The company's Chief Decentralized Officer Phil Chen in a press statement today revealed that its company has plans to launch a second generation of the Exodus 1 blockchain smartphone in the coming months.

The company just announced the HTC Exodus 1s, a cheaper version of its blockchain smartphone released a year ago. The 1s will be based on the HTC EXODUS 1, that was announced at CoinDesk's Consensus 2018 released later in the year. The device maker priced its new smartphone between $250 and $300, which is less than half the original price of the Exodus 1. "Imagine the iPod with 256 gigs ... of course the music fan wants to keep the whole music library but the crypto fan wants to keep the whole bitcoin blockchain", Chen said. "We want to do something more on the software side". In addition to built-in key storage and wallets, the new device will include a new first in mobile phones: a full Bitcoin node, allowing users to interact with the largest blockchain network directly from their pockets. By full node it means, the phone can work as a distributed point that "validate and relay transactions" on the blockchain.

As the name implies, the new phone is a cheaper version of the main variant HTCExodus 1 launched in October past year.

Chen said, "The company has always believed in an open source environment and that's now more important than ever as the tech world recognizes that the open source movement got hijacked into owning everybody's data". Chen added: "The bitcoin blockchain is about 200 [gigabytes], and it's growing about 60 gigs per year".

HTC says that the Exodus 1s will be made available later this year, and will be purchasable with cryptocurrency, U.S. dollars, and other fiat currencies. Perhaps the Exodus 2 will actually be a new piece of hardware. With two of the most important annual conferences held in the crypto space, Magic Crypto Conference and Consensus, it's challenging to keep up with all the developments and innovation happening.

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