If you’ve ever thought about how cool it would be to be able to mine bitcoins on your smartphone as well, we have great news for you. HTC, the famous Taiwanese manufacturer of electrical devices, decided to delight all the “diggers” of this digital gold, launching the HTC Exodus, the first blockchain phone.
After the official launch on October 23 this year, this model has interested many. Find out what the HTC Exodus is and what changes it will bring to the smartphone market in the text that follows.
Is the HTC Exodus just the first blockchain phone?
It is. Specifically, this phone model represents the first blockchain smartphone to be shown to the wider market, for commercial purposes.
Ever since it was announced that it will be released, in July 2018, fans of innovations in the field of smartphones have been eager to see what makes HTC special.
What does the HTC Exodus bring us?
For starters, blockchain technology packed into a smartphone. This only means that this model of HTC phone acts as a “full member” within one node (eng. Node) of which the blockchain consists. In practice, this means that you will be able to buy bitcoins and sell them, as well as create an offline space for storing them.
Additionally, keep in mind that you don’t need additional applications to access cryptocurrencies – everything is already set up in your phone.
HTC Exodus phone operating system
Since the HTC Exodus is primarily a smartphone, and then just a blockchain device, the first question that arises is on which operating system it works.
We don’t think you’ll be surprised when we say that it’s Android O, a reliable companion for many phones. Running on one version of Android just means that the HTC Exodus has a recognizable and simple user interface. However, that is not all.
Phil Chen, CEO of HTC, revealed to Tech Radar that there is a special section of the operating system in this phone, within which cryptocurrencies are stored. It is an enclave called Zion.
Despite all this information, what is one specification that makes the HTC Exodus so tempting? This feature is the ability to cryptocurrencies “put in your wallet” while you are offline, which is a complete novelty in blockchain technology.
Other phone specifications
By no means should we forget that the HTC Exodus is, at its core, a smartphone? It is from this feature that all other specifications derive.
Some of the most significant features of this phone are the 6-inch display with an 18: 9 aspect ratio, Snapdragon 845 processor, 3,500mAh battery, IP68, which makes the phone water-resistant, 6GB of RAM and 128GB of internal memory, the front camera of 8MP and last of 16MP.
At first glance, the HTC Exodus is all that is expected of a smartphone – a device with a strong battery and processor and enough memory. If we add water resistance and great cameras to these features, we can freely say that HTC has created a new recipe for success.
And what happens if you lose your phone? Losing a smartphone is one thing. Losing a smartphone that holds your cryptocurrencies is quite another. But don’t worry, there’s no need to panic, HTC has a solution. It is a feature of Social Key Recovery.
How does he work? When setting up your phone, you will need to mark several contacts that you trust. These contacts will receive a part of the key recovery, the key, to access this phone in case you cannot find it. In order for someone to access your data, all parts of this key need to be typed.
Proof that HTC is not only a serious phone but also a smartphone that gives you entertainment are crypto cats. Maybe not exactly a crypto kitty but definitely CryptoKitties.
It is a game that offers you the opportunity to buy and trade digital cats. This is the most popular blockchain-based game.
Is HTC the only blockchain phone on the market?
No, next to it there is Finney, created by Israeli startup Sirin Labs. Given that this is a young company, we do not believe that it will be able to stand on the line of a mogul like HTC.
As we have already mentioned, we can say that HTC is the first blockchain smartphone intended for commercial use.
Significance of blockchain phones
If you’ve been following the blockchain scene since its inception, back in 2008, then you know that miners have gone through a thorny path. More precisely, to practice this “craft” it was necessary to have a serious machine that can withstand all these processes. Today you only need to have a smartphone.
Do you see yourself as the owner of an HTC Exodus phone?
If you are crazy about digital currencies and want to find a faster way to mine Bitcoin, then this is the right phone for you.
While there is not yet enough information about the performance of the HTC Exodus, one thing is for sure – your cryptocurrencies will be in a safe place and you will get a strong “partner in crime” for mining.