The smartphone will be available in 27 countries across Europe and the Middle East, including Germany, Greece, Saudi Arabia and UAE.
We gave users the ability to own their own keys, and now we've gone one step further to allow users to run their own full Bitcoin node.
The Exodus 1s is a smaller, low-cost version of HTC's built-in hardware wallet Exodus 1.
Phil Chen, Decentralized Chief Officer at HTC, stated that full nodes are the "most important ingredient in the resilience of the Bitcoin network", noting that by launching the Exodus 1s the firm has lowered the entry barrier for any person to run a node and participate in the global network. The smartphone is the first device to run a full bitcoin node.
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The 1s can also store the entire Bitcoin ledger. As of now, the ledger takes up approximately 260GB and is currently growing at a rate of 60GB per year. Complementing the processor is 4GB of RAM and 64GB of built-in internal storage. Specs aside, the Exodus 1s is meant to serve as a cheap way to access cryptocurrency technology in the here and now. The display measures in at 5.7 inches and features an 18:9 aspect ratio with 720p resolution.
"We really care about this portable identity and users owning their identity and data, and we believe that the phone is the best place to do that", Chen said.
The smart phone features remit, receive, purchase, sell, trade, borrow and lend options, in addition to full Bitcoin node. The phone will ship with Android Oreo 8.1, software that is about two years old now.
With its less powerful hardware, the phone will retail at United States dollars 219, much cheaper than the Exodus 1 at USD 699, the Verge reported, adding that the phone will not be able to operate as a mining node.
The HTC new phone hasn't disappointed with its battery capacity.