It is a feature upgrade that will roll out to the original Exodus as well and will also users to use their phone to act as a validation and transaction hub on the Bitcoin blockchain.
Now, HTC takes the next step in launching the descendent HTC Exodus 1S, which cannot only store cryptocurrencies but also run a bitcoin full node directly on the smartphone. Furthermore, there are also design elements that HTC will incorporate into the smartphone to address other potential issues with the Exodus 1s' functions as a Bitcoin node. With your Zion Vault you can store, send, and request Bitcoin, Ether, Litecoin, selected ERC-20 tokens, and ERC-721 collectibles. "We definitely want to support that first and given what bitcoin stands for, open, neutral, censorship-resistance", Chen said.
As the name implies, the new phone is a cheaper version of the main variant HTCExodus 1 launched in October previous year. "Nearly all full nodes also help the network by accepting transactions and blocks from other full nodes, validating those transactions and blocks, and then relaying them to further full nodes".
"I see bitcoin as one of the most important if not the most important blockchains". 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. 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.
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"[The 1s is] going to be a lot cheaper, it will be a lot more accessible".
"The bitcoin blockchain is about 200 [gigabytes], and it's growing about 60 gigs per year".
The manufacturer has not shared a specific launch date but says the device will be priced at around $250-300.
The full Bitcoin blockchain will be in an SD card, and people will be able to validate transactions when their phone is plugged in with a minimum requirement of bandwidth and power. Perhaps HTC really wants more people to get into crptocurrency by adding a new phone that more people can buy.