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HTC announces Exodus 1s Blockchain phone with full node capabilities
15 May 2019, 05:57 | Casey Mitchell
HTC is planning a cheaper sequel to the Exodus blockchain smartphone dubbed the Exodus 1s
Initially, the phone will only support the Bitcoin blockchain, but support for other public blockchains, such as Ethereum, may be added in the future.
According to the press release, Phil Chen - HTC's first Decentralized Chief Officer - has explained that the full node capabilities integrated within the new phone will allow app developers new opportunities to connect directly to decentralized networks, which are more resistant to censorship and capable of giving users more control and privacy over their money and their identity.
When reporting on this phone over the past weekend what most news outlets neglected to mention is that there is already an opensource project, albeit in the alpha stage, that provides an Android app (available from the Google Play store) called "ABCore" that is created to "make it easier to run a Bitcoin Core node on always on Android appliances such as set top boxes or repurposed tables/phones". Crypto smartphones are relatively new so we're not expecting much but know the category has potential.
The new Exodus 1s will also have improved support for decentralized browsing, messaging, and social media apps. In addition to built-in key storage and wallets, the new smartphone will include a full Bitcoin node, allowing users to directly interact with the largest blockchain network just by using their phones. For context, Bitcoin nodes are now limited to just 9500 active nodes, and HTC says that more Bitcoin nodes are needed if the cryptocurrency is to sustain its decentralised nature.
Speaking to CoinDesk, Chen said that the phone is " going to be a lot cheaper, it will be a lot more accessible".
HTC Exodus 1S will be sold for somewhere between $250 and $300, and the release is planned to the third quarter this year. A device that acts as a Bitcoin node has to keep the entire blockchain history, which means that the device has to store around 200GB worth of data. By the way, this feature is also being added to the EXODUS 1. 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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