Whole nodes are the primary ingredient in the resilience of the Bitcoin network, and HTC lowered the access restriction for anyone wanting to operate a node, said HTC’s chief decentralized officer in a statement.
The new smartphone comes on the market at a price of 225 euros, which corresponds to about a third of the costs of the predecessor Exodus. HTC will introduce the new version at a conference.
A Larger SD Card To Increase Data Capacity
The device allows users to install an SD card larger than 400 GB to expand memory and cope with the increasing data capacity required to store the full Bitcoin ledger. The current size of the full general ledger is 250 GB according to the blockchain. The company recommended users to connect to Wi-Fi and connect a power source while the full node was running. However, it can also be used on the go. The smartphone has also an integrated hardware wallet so that users can use to keep cryptocurrencies safe.
The HTC device becomes part of an emerging but increasingly busy field of blockchain smartphones. Blockchain startup recently partnered with electronics maker Foxconn to bring blockchain cellphone to the market, while Samsung launched the Galaxy S10 in the spring. Others like LG are to enter the blockchain area with upcoming devices. Outside of buying and selling cryptography, smartphone markers are increasingly looking at blockchain technologies to ensure the security of their private information. The idea is to make it easier for users to participate in emerging markets. Those who want to immerse themselves in the crypto world for the first time will find easier access to the technology at a lower price.
HTC’s Project Exodus is a smartphone solution that will drive the decentralized web. Your private vault in the blockchain can perform cryptocurrency transactions, view and manage your crypto collectibles and manage your crypto life while keeping your keys.