However, HTC has revealed an exciting detail: The phone will act as a full node. This means that the device can act as one of the distributed points that validate and forward transactions in the Bitcoin Blockchain. It will not be able to mine a cryptocurrency, but HTC's chief executive officer Phil Chen said Engadget has "partners offering hash rates to do this." HTC hopes the phone will appeal to people who are curious about cryptocurrency and want to support public blockchains.
"There is a lack of full nodes in the network," Chen said. "As we gain a longer-term perspective as a device manufacturer, we can extend this network for application developers, which in turn benefits all users of Bitcoin, and it feels like my brother's guardian is here to run a full knot." "
The Bitcoin ledger currently has more than 200 GB, and HTC says it will be possible to store a smaller" cropped version "on the phone itself, and the full blockchain will need to be stored on a separate SD card in the meantime The original exodus will receive the same node functionality "about the same time", but will require a dedicated SD card to host the entire blockchain and execute the required software, and the functionality of the node will probably be the performance of Exodus 1
" There are a number of different design features that need to be considered To be able to do this, handle it, "he added.
The Exodus 1s, like its predecessor, becomes the HTC Zion Wallet app The software can store, send, and request a range of cryptocurrencies, including bitcoin, ether, and litecoin, as well as ethernet-based ERC-20 and ERC-721 tokens. Today, HTC is releasing the Zion Vault SDK on GitHub, so developers can build the software and hopefully improve it. "We know that a community needs strength and security, so it's important for the Exodus team that our community has the best tools available," the company said.
The question, of course, is whether there is a market for cryptocentric devices. HTC is financially in a difficult position and it is hard to imagine that the Exodus 1 or 1 turns its business upside down.