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HTC Launches Exodus 1, ‘To Make The Leap To Bitcoin From Fiat’

The advent of Bitcoin is fueling the evolution of financial technologies, including telecommunications, and hardware with crypto-friendly features. The latest innovation, HTC’s cryptophone Exodus 1, will hit the market in December 2019. This device performs both as a smartphone as well as a Bitcoin cold wallet. Chen: “For the smartphone category to grow again, we need more adoption of cryptophones.” HTC Corporation, a Taiwanese phone maker, is shifting its business strategy towards new technologies. In this regard, Phil Chen, HTC’s chief decentralized tech officer, told CNBC that HTC sees the opportunities that the crypto space offers to reinvigorate the smartphone market. Chen explained, If we're going to make the leap to Bitcoin from fiat money, we're going to need a device to do that. Meet the EXODUS 1s, a cryptophone for all. pic.twitter.com/RsBs7eg2gm — HTC EXODUS (@htcexodus) October 19, 2019 Initially considered a gimmick by some, crypto technology is the next frontier of smartphone innovation. For the smartphone category to grow again, we need more adoption of cryptophones. Thus, on October 19, 2019, HTC launched a smartphone that integrates Zion, an HTC developed electronic wallet. To enhance security and keep the user’s digital assets safe, Exodus 1 isolates the crypto area from the Android operating system. As a result, the smartphone Exodus 1 functions as a hardware cryptocurrency wallet using Zion.  Zion allows users to keep their private keys in a secure Trusted Execution Environment (TEE). Login is not required, and Zion does not collect user’s personal data. The HTC team argues that Zion is more secure because “Zion utilizes the TEE to generate and keep your keys safe, even from the Android OS. The Zion trusted UI creates a safe environment for when you need to authorize a transaction with your crypto assets so that malware running on your phone’s OS cannot steal your information.” Thus, the Exodus team claims that Exodus 1 users can easily and safely exchange and store cryptocurrencies on the phone, protected from hackers and malware attacks. Exodus 1 Can Only Be Bought with Cryptocurrencies HTC Bitcoin Cold Wallet cum Cryptophone Besides functioning as an electronic wallet, the smartphone Exodus 1 includes: A 16-megapixel dual main camera and an 8MP dual front camera with 4K video. A six-inch display with a Quad-HD+ resolution. A Qualcomm Snapdragon 845 processor. Six gigabytes of RAM and 128GB of storage. The cryptophone can only be bought with cryptocurrencies. The pre-order price is 0.15 BTC or 4.78 ether tokens. HTC plans to ship the phones by December 2019. Do you think blockchain-based phones will impact Bitcoin adoption? Let us know your thoughts below! Images via Bitcoinist Media Library, HTC Exodus The post HTC Launches Exodus 1, ‘To Make The Leap To Bitcoin From Fiat’ appeared first on Bitcoinist.com.

HTC Partners with Bitcoin.com, Bringing Bitcoin Cash (BCH) to the Exodus 1

Mobile phone giant HTC has announced a partnership with Roger Ver led Bitcoin.com in order to create the capacity to store and transact with Bitcoin Cash (BCH) without an application. The integrated BCH wallet will help HTC create a simple interface for crypto transactions and Bitcoin.com for a higher number of users, as reported by VentureRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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HTC’s Blockchain Smartphone Exodus 1 Will Now Support Bitcoin Cash (BCH)

Exodus 1, the blockchain phone created by HTC, is set to receive support for Bitcoin Cash (BCH). The announcement was made today. The company affirmed that the new function will have the standard wallet of Bitcoin.com installed. The phone is also set to be sold on Bitcoin.com as part of the partnership. Phil Chen, the […]
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HTC Allows Crypto Transactions via their new Web 3.0 Blockchain Smartphone Exodus 1

Author: Ramendra Kishore HTC, the electronics giant from Taiwan, has recently announced at the Magical Crypto Conference in New York about a new feature on its new web 3.0 blockchain smartphone Exodus 1. Early news in last October, reported that HTC’s early access Exodus 1 would be available for pre-order at a price of 0.15 bitcoins or 4.78 Ethereum tokens, which at the time would be around $960. Right now, though, the price has dropped until $699 and they are available to ship since last April. This is a part of HTC’s efforts to reach out to its millennial customers who would need complete cryptocurrency integration into their smartphones. Crypto Meets Smartphone The new smartphone belongs to the new breed of devices that are said to be part of web 3.0 offerings. It would allow the users to carry out cryptocurrency transactions, manage their crypto accounts from their phones, and also view the status of transactions and balances. Another important element in crypto trading and exchange is the private key of the traders. This phone would allow users to maintain ownership of their keys and also manage other collectibles. Meanwhile, the range of transactions possible from this smartphone also includes the swapping of over 60 major crypto tokens compatible with ERC20. The list includes major names like Basic Attention Token (BAT), Stablecoin (DAI), Kyber Network (KNC), and others. This exchange of tokens will be possible directly on HTC’s new smartphone and won’t need a terminal. This would also do away with the need for traders of cryptocurrency to take the help of third-party exchanges to exchange crypto tokens. According to Bitcoin News, users of this phone model can send Bitcoin, Ethereum, Litecoin, and other tokens from ERC20 and ERC-721. Opera has a dedicated crypto browser, and this phone can also allow users to access the crypto exchange applications on this crypto browser. Smart Storehouse for Blockchain Over the last several years, smartphones have already become very commonly used devices for regular payments in financial currencies. So, it was only a matter of time before cryptocurrency blockchains could also be held on a smartphone. Elaborating on this aspect, the decentralized chief officer of HTC, Phil Chen, speaking on the occasion said that bitcoin blockchain holds a large memory of around 200 GB and it is growing at a fast pace. And it’s time to integrate this with smartphones. This move will help HTC to make crypto trading much more accessible to the common man. The Brave New World for HTC With this announcement, HTC has secured its place in the list of selected manufacturers globally who have developed the expertise of storing cryptocurrency. The Exodus 1 and Exodus 2 will join the others in the race, like Samsung Galaxy S10 (only supports Ethereum), M1 from Electroneum, Finney from Sirin Labs, and Wings WX from Wing Mobile. It will be a remarkable step forward for a company which began operations a little more than two decades back. Last year, HTC reported $761.4 million (TWD 23.7 billion) in revenue. But just a year prior to that, things were not as rosy. The year 2017 saw them having to offload a team of their top engineers to Google, in exchange for a cash infusion of $1.1 billion. The same year, they reported a net loss of $337 million in a particular quarter due to adverse market competitions and stiff competition. But it also continued to make steady progress in emerging technologies and emerged stronger within a year. As the announcement by HTC showed, it is now firmly on the path to embracing the cutting-edge technologies like IoT, VR, AR, and of course blockchain and cryptocurrency. The post HTC Allows Crypto Transactions via their new Web 3.0 Blockchain Smartphone Exodus 1 appeared first on ZyCrypto.
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Opera Brings BTC to Android; Now Looking to Add TRON

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018. Opera and BTC: A Perfect Match? The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and customers did not need any extensions or follow-up downloads to engage in crypto transactions. From there, bitcoin support came to the Opera iPhone app. Opera presently has about 350 million users, and many enthusiasts see this as a prime movement in the fight to make bitcoin mainstream. In a blog post, the company writes: With this release, Opera opens its crypto wallet to the world’s most popular blockchain, making it possible to send and receive BTC directly from the browser the way one would with an image or a music file. This means anyone can now not only send bitcoin and Ethereum to another person but can also use it while interacting with websites to pay for goods or services. Up to this stage, Opera only provided support for Ethereum, the world’s second-largest cryptocurrency and a primary competitor to bitcoin. However, the company is also introducing plans to support Tron in the coming months. The last few weeks have marked by a whole new list of platforms or companies showing support for cryptocurrencies they otherwise were ignoring. One such example comes in the form of the new HTC smartphone known as Exodus 1s, which can allegedly support a full bitcoin node. This means that the phone can hold the entire blockchain ledger. Other examples include Electrum, a new bitcoin wallet which has recently added the Lightning Network to its platform. The Lightning Network is designed to assist with scalability on the bitcoin blockchain. While bitcoin is the oldest, largest and arguably the most popular of the world’s cryptocurrencies, it often lacks the up-to-date technology of its newer altcoin counterparts. Thus, it suffers from slow transaction times and smaller blocks. How Lightning Is Making Things Simpler The Lightning Network initiates micropayments that occur off-chain to ensure that they are pushed through quickly. Electrum’s addition of Lightning is likely to enable faster speeds for customers and ensure that payments are pushed through with ease. We’ve also received word of a new startup called Moon, which allows Amazon customers to purchase goods and services from the online retailer with crypto. The application also works through Lightning-based technology and appears to recognize the Amazon page once you log in. When you’re ready to check out, it provides you with a crypto pay option that shows how many available funds you can spend. The post Opera Brings BTC to Android; Now Looking to Add TRON appeared first on Live Bitcoin News.
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Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments

Browser minnow Opera is ramping up cryptocurrency support for Android users in version 54, which has just been released on Tuesday. Among a host of other cosmetic improvements and a new UI, this latest release improves upon the current crypto wallet with support for both Bitcoin and Tron payments. Ethereum has been the staple payment […] The post Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments appeared first on CCN.com

Carson Wentz Gossip Turns Eagles Into Daytime Soap Opera

After the beating the Dallas Cowboys gave the Philadelphia Eagles Sunday night, fans were probably wondering how things could get worse. When they woke up Monday morning, they found out. It appears that at least one fool decided to burn his Carson Wentz jersey following the loss, and – more significantly – Alshon Jeffery is […] The post Carson Wentz Gossip Turns Eagles Into Daytime Soap Opera appeared first on CCN.com

The Ethereum Ecosystem: Still Relevant After All These Years

Ethereum first went live in 2015, and since then, it’s become one of the market’s top coins. And while four years may not be a lot in most markets, in crypto it’s a lifetime. For Ethereum, it has been quite a ride. With a market cap of $19 billion, Ethereum is the second largest cryptocurrency in existence, and recent reports show that it provides a benchmark for the market. Of course, there’s much more to its success: the Ethereum ecosystem is thriving in its own right. In short, Ethereum is one of the most extensible blockchains. It offers developers the opportunity to create tokens, dApps, collectibles, financial applications, and more. Plus, Ethereum itself will soon be better than ever. Here’s what the Ethereum community is up to right now—and what the Ethereum ecosystem has to offer. Dominance Over dApps and Tokens Ethereum currently leads the dApp market with its sheer number of listings. Right now, it has a total of 2000 dApps—four times more than TRON or EOS, its closest competitors. Ethereum also closely matches those blockchains in terms of dApp volume—each platform handles about $10 million of crypto through its apps in a typical day.   Daily dApp transaction volumes in dollars, via DAppReview   To be fair, EOS and TRON dominate in terms of dApp users and transactions (although many of these are simple gambling apps). Still, Ethereum has a few notable apps in those measures: MakerDAO attracted 2200 users on Monday, making it the third largest dApp by user count. Meanwhile, dYdX, a derivatives platform, handled $371,000 on Monday—making it the 9th largest app by that metric. Ethereum’s token standards are also incredibly influential. Of the top 50 cryptocurrencies by market cap, at least 20 are based on Ethereum’s ERC-20 token standard—including big names like BAT and LINK. Plus, Ethereum’s non-fungible ERC-721 standard has begat collectible items like Decentraland properties and CryptoKitties. New Opportunities For Investment As Ethereum matures, there might be new ways to invest. Recently, the CFTC declared that Ethereum is a commodity, meaning that ETH futures may become an option for institutional investors in the future. It’s conceivable that Bakkt might add ETH futures alongside its BTC futures—though it hasn’t said so explicitly. Additionally, there are some retail platforms that already trade Ethereum futures, such as BitMEX and Kraken. These options attract speculative investors who might not trade on the crypto market itself. Even though futures don’t affect Ethereum’s value directly, they bring value into the crypto ecosystem and facilitate price discovery. There are other investment opportunities as well. MakerDAO, for example, allows you to lock up your Ether as collateral and create Dai stablecoins in return. Meanwhile, peer lending platforms like ETHLend allow you to earn interest by lending out Ether. Suffice to say, there’s a lot you can do with your Ether holdings. Preparing For Ethereum 2.0 Ethereum’s next big milestone will be Ethereum 2.0, which will introduce staking, which allows coinholders to earn rewards. It will also improve scalability through features like sharding, which will allow the blockchain to handle many more transactions. Though Ethereum 2.0 is a multi-year effort, staking should be available in the next few months. At the moment, different Ethereum development groups are running separate testnets. These became interoperable in early September, and according to Ethereum’s creator, Vitalik Buterin, a public network is rapidly approaching. This will be the “last major milestone [before] the network,” Buterin stated during a recent event in Hong Kong. Buterin has also suggested that the upgrade will be seamless. In a post on Ethresear.ch, Buterin suggested that app developers will need to migrate, but coinholders won’t need to do anything at all: “You may want to move your funds into [an ETH2] wallet eventually, but you do not strictly have to and there is no time limit,” he wrote. Can Ethereum Stay Relevant? Of course, not everyone is happy with Ethereum. Some dApps, such as Ethermon, have moved to blockchains like Zilliqa due to the promise of faster transaction speeds. Meanwhile, some projects with ERC-20 tokens have migrated to other platforms like Binance Chain. Finally, some critics believe that sharding is not secure. But despite criticism, Ethereum probably won’t go away. Its brand, market standing, its dominance over dApps, and its ability to drive hype for version 2.0 seem to be a winning combination. Though it has many competitors, Ethereum has first mover advantage and the biggest developer community in crypto —giving it a head start and making it the favorite to continue to tower over the competition.     The post The Ethereum Ecosystem: Still Relevant After All These Years appeared first on Crypto Briefing.
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