Crypto Currency

HTC Exodus 1 Review: Blockchain Dreams

Exodus 1, the so-called blockchain phone that HTC has touted for months, depends on your perspective. As a smartphone with a cryptocurrency side gig? Surprisingly good! But if you were hoping the Exodus 1 would fire the first shots in the Web 3.0 revolution? Well, at ease, friend.In the time that I’ve spent with the…


Exodus 1, the so-called blockchain phone that HTC has touted for months, depends on your perspective. As a smartphone with a cryptocurrency side gig? Surprisingly good! But if you were hoping the Exodus 1 would fire the first shots in the Web 3.0 revolution? Well, at ease, friend.

In the time that I’ve spent with the Exodus 1, I’ve been struck by just how capable it is as a smartphone. That shouldn’t come as a surprise: HTC has a history of making solid, sometimes risk-taking devices. And it was HTC engineers, after all, behind much of the design and manufacturing of Google’s excellent early Pixel lineup. It knows from quality.

HTC

And yet, so much of the Exodus 1 rollout has centered around the blockchain. (“Let My Data Go,” the product website proclaims, in perhaps a bit of an overstep.) Which, yes, it serves as a hardware wallet for storing cryptocurrency and allows owners local control over their private keys, a surprisingly radical notion in a world where data is the new oil. But even Phil Chen, HTC’s decentralized chief offer and Exodus mastermind, acknowledges that these are the earliest days.

“Right now, we’re still working on the fundamentals,” says Chen. “Making sure that it’s secure, working on the key recovery mechanism.”

LEARN MORE

The WIRED Guide to the Blockchain

That manifests itself in ways seen and unseen. But first, the good: For a cryptocurrency novice, the HTC Exodus 1 offers an accessible experience. It comes preloaded with Blockfolio, an app for tracking price fluctuations of various coins (a blockchain version of the Stocks app, basically), and Cryptokitties, which is, well, here. More importantly, the HTC has stocked the Exodus 1 with the Zion wallet, which allows you to store and transact with Bitcoin, Litecoin, Ethereum, and a few dozen tokens and collectibles built on the Ethereum blockchain.

Until now, the Exodus 1 has been available as a preorder, available for purchase in cryptocurrency only. In March, you’ll be able to buy it with genuine US dollars. Which underscores, maybe, the underlying tension of this device. The future’s just not quite ready yet.

Blockchain for Beginners

It only takes a minute or so to get set up with Zion. Just create a six-digit pin, get your 12-digit recovery phrase—and write it down somewhere safe, for the love of ether—andvoila. You’re ready to HODL. I had a colleague send a pittance of Litecoin to my shiny new wallet address, and geared up to experience the decentralized internet of Web 3.0 in its full glory.

It turns out there

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

UK Crypto Broker GCEX Starts Offering Bitcoin and Ether Options to Professional Clients

Crypto prime broker GCEX began offering Bitcoin and Ether options to professional and institutional clients today (Thursday). The contracts trade over the counter with its UK arm, GC Exchange Limited, which is authorized by the Financial Conduct Authority (FCA).Hedge funds, asset managers and family offices that qualify as professional clients can request prices from the

Crypto prime broker GCEX began offering Bitcoin and Ether options to professional and institutional clients today (Thursday). The contracts trade over the counter with its UK arm, GC Exchange Limited, which is authorized by the Financial Conduct Authority (FCA).Hedge funds, asset managers and family offices that qualify as professional clients can request prices from the GCEX trading desk…
Read More

Continue Reading
Crypto Currency

Bitcoin’s $80,000 floor faces Friday inflation test as ETF inflows lose momentum

Bitcoin holds the $80,000 area, where Glassnode places the estimated average acquisition costs of US spot Bitcoin ETFs and publicly traded corporate treasuries, while ETF inflows slowed by 95.6% in a day. Farside Investors recorded $526.7 million in net inflows on Oct. 19 and $23.2 million on Oct…

Bitcoin holds the $80,000 area, where Glassnode places the estimated average acquisition costs of US spot Bitcoin ETFs and publicly traded corporate treasuries, while ETF inflows slowed by 95.6% in a day. Farside Investors recorded $526.7 million in net inflows on Oct. 19 and $23.2 million on Oct…
Read More

Continue Reading
Crypto Currency

SideSwap reopens Bitcoin swaps while Liquid reserves stay locked

SideSwap’s wallet funds the reopened swaps while partly manual refills can delay payments and direct Federation withdrawals remain restricted. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox…

SideSwap’s wallet funds the reopened swaps while partly manual refills can delay payments and direct Federation withdrawals remain restricted.
Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox…
Read More

Continue Reading
Crypto Currency

Musk Floats US$5 Trillion Tesla–SpaceX Merger That Could Unite 30,000 Bitcoin

Elon Musk said Tesla and SpaceX have set up independent committees to weigh a merger that would put their combined 30,221 Bitcoin, worth $2.54 billion at 30 September, on one balance sheet. The post Musk Floats US$5 Trillion Tesla–SpaceX Merger That Could Unite 30,000 Bitcoin appeared first on Crypto News Australia…

Elon Musk said Tesla and SpaceX have set up independent committees to weigh a merger that would put their combined 30,221 Bitcoin, worth $2.54 billion at 30 September, on one balance sheet.
The post Musk Floats US$5 Trillion Tesla–SpaceX Merger That Could Unite 30,000 Bitcoin appeared first on Crypto News Australia…
Read More

Continue Reading