HTC Exodus: The New Blockchain Phone Can Now Be Pre-OrderedBTC Casino / 24th October 2018
WBTC: Decentralized token backed by Bitcoins on the Ethereum Blockchain
Thursday November 01, 2018
With 2017 highs and 2018 lows, 2019 will be an interesting year for the cryptocurrency community and projects. After a lot of bad projects failed, the state of the cryptocurrency […]
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Tension in India Boils Up: Second Unocoin Co-Founder Arrested
Friday October 26, 2018
Another co-founder of India’s oldest cryptocurrency exchange Unocoin was reportedly arrested today. The move followed yesterday’s action when the company saw its first Bitcoin ATM being seized by authorities and […]
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Bitcoin Price Analysis: BTC Won’t Go Quietly, Risk of Rally Grows
Wednesday January 23, 2019
Bitcoin price dumped below the $3,500 support before buyers took a stand against the US Dollar. There are two bearish trend lines formed with resistance at $3,635 and $3,840 on […]
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A few months ago, Coinstaker reported about HTC’s ambitions for a blockchain phone. These ambitions are about to bear fruit as HTC is officially ready to release the blockchain phone. If we take a step back, we can see the technological leaps. HTC released their first Android phone exactly 10 years ago. With the new HTC Exodus being available for pre-order, this is can be considered a great leap for one decade.
The company had a few doubts about their marketing strategy with the HTC Exodus, but ultimately decided that the phone can be purchased or pre-ordered only via cryptocurrency. This move is welcomed by crypto users, but if the phone gets extremely popular, changes can be made accordingly.
As for the EXODUS 1, so far it’s only bought with bitcoin or ethereum. If there are no unexpected developments, shipping is projected to start by the beginning of December. The shipping will be available to customers in the United States, Hong Kong, Singapore, New Zealand, the United Kingdom and 30 additional countries.
HTC is also actively looking for developers to join the early access version. The company highly values the opinion and viewpoints of the blockchain community and desires its assistance. Maximum security is as usual, the desired goal and any feedback and solutions from the community will help towards its achievement.
The HTC Exodus is focused on safety and security
Many people interested in the Exodus have asked about the crypto keys. As HTC revealed earlier, the Exodus will have a “secure enclave”, which will store the user’s crypto keys. This enclave will be kept aside from the Android operating system.
If users find their phone stolen, hacked, lost or they forget their keys themselves, HTC has their back. The company has built a “Social Key Recovery” progress. This progress allows users to name a list of contracts as “trusted.” Every one of these users will be able to download the key management app. The recovery key/seed will then be split evenly among the trusted.
Depending on how well the early access version goes, the company plans to release many application program interfaces or APIs for third-party developers. This will allow the developers to use the HTC EXODUS 1 to protect keys and sign transactions.
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