Charlie Lee introduced HTC’s new blockchain-compatible smartphone can have native help for Litecoin and Lightning Network, including that he was becoming a member of the HTC Exodus growth staff as an advisor.
Initially Lee tweeted the information on July 29 with HTC confirming the announcement Monday, saying the staff was “honored” to get Litecoin creator onboard.
Met the HTC Exodus staff final week and was actually excited to hear the cellphone will help LTC and Lightning Network on Litecoin natively! I might be an advisor as I see having a safe crypto cellphone that makes LN easy is required for mass adoption.
P.S. No, they won’t take away BTC. https://t.co/WQcygPVst0
— Charlie Lee [LTC⚡] (@SatoshiLite) 30 July 2018
One small step for @SatoshiLite. One big leap for blockchain.
— HTC Exodus (@htcexodus) 30 July 2018
HTC announced their plans to enter the crypto house with a “first native blockchain phone” in May, later clarifying Exodus can have a cryptocurrency pockets supporting Bitcoin (BTC) and Ethereum (ETH), in addition to the micropayments protocol Lightning Network and the favored gaming DApp CryptoKitties.
The Taiwanese electronics maker stated Exodus would function each a cell connecting level to the world of decentralized networks and a storage system for many who need to carry their crypto of their pocket.
The system might be developed beneath the management of Phil Chen, who helped create HTC’s digital actuality headset Vive. Chen, who now holds the title of “chief decentralized officer,” will head the entire agency’s cryptocurrency and blockchain-related initiatives.
“Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen stated in May. “We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together. Together, we want to craft the best blockchain & decentralized application experiences to end consumers.”
Principles of the HTC Exodus:
1. Hold your personal keys
2. Own your identification & knowledge
3. Phone is the hub
— HTC Exodus (@htcexodus) 15 May 2018
HTC Exodus might be out there to most people by the tip of the 12 months, and whereas a price ticket for the Exodus has not but been launched, the corporate hinted that it’s contemplating accepting cryptocurrency funds as soon as it turns into out there for buy.
Sirin Labs, a cryptocurrency startup that plans to launch a blockchain-powered smartphone referred to as Finney in October, is charging $1,000 for its system.
Chinese tech big Huawei additionally reportedly has taken an curiosity in growing a smartphone that may help DApps operating on blockchain expertise, as a Bloomberg March report famous the agency was looking for a license for the open-source working system SIRIN OS.
Earlier this month, Charlie Lee provided details about current acquisition of Litecoin Foundation, stating he expects to obtain a board place on the German WEG Bank AG, which is able to positively affect the additional adoption of cryptocurrencies within the financial institution’s operations.