HTC announced the HTC Exodus 1S, the first smartphone ever to have full node capabilities containing the full Bitcoin blockchain. The Taiwanese tech brand HTC had announced the Exodus 1, the native blockchain smartphone in October 2018. But, the new Exodus 1S smartphone comes with bitcoin(BTC) full node capacity.
However, HTC said that they are in touch with upcoming partners that will offer hash rates, because as of now the Exodus 1S will not be able to mine for bitcoin itself. The company also suggested that user should run a hub off a steady Wi-Fi association because of the enormous information necessities.
Phil Chen, decentralized chief officer at HTC, commented:
Running a node is maybe the most important part of the blockchain as it helps secure the network; every one of them acts as an authoritative verifier of every single transaction of the block. We first empowered the user by owning their own keys and now we’re focused on empowering the user to run their own node to help secure and grow the network.
Full nodes are the most important ingredient in the resilience of the Bitcoin network and we have lowered the barrier to entry for any person to run a node, participating in a global bitcoin network that propagates transactions and blocks everywhere.
As, the company aims to bring the blockchain technology and crypto technology to a larger audience in Q3 2019. They said that company has been working on the project for some time and the biggest obstacle and hurdle for them was developing a device that could act as a true full node and hold the full Bitcoin blockchain on the device.
According to HTC, the company had already tried to bring in this technology with its previous launch – the Exodus 1. While the peer to peer network and decentralized way of processing applications were already present in the previous model. This new model, however, is expected to go one step ahead and make proper use of the blockchain technology for a lot of purposes.
However, there were few technical challenges with the Exodus 1S. One of them is that the full Bitcoin blockchain is around 200 GB and is increasing at about 60 GB per year. Although the smartphone has the ability to support the pruned version at all times, an additional SD card will be required when full blockchain is used.
The expected price for HTC Exodus 1s is between $250 and $300 when it goes on sale by the end of Q3. While, the detailed specification will be known once this phone will be commercially released.