HTC Exodus 1S released with full Node Support

By We Play Coins

Added on Oct 20, 2019

HTC Exodus 1S released with full Node Support according to the company’s website. The phone is only available for purchase with cryptocurrency.

WHAT IS THE EXODUS 1S?

EXODUS 1s is a Cryptophone – the first ever mobile device with Bitcoin Full Node support. Combining a lightweight form factor, secure hardware and easy-to-use software, the EXODUS 1s is a one-of-a-kind bank in your hand.

STORING CRYPTO ON YOUR PHONE: WHAT’S THE BIG DEAL?

Most app-based wallets (where you automatically store your newly-purchased crypto) is always connected to the internet and therefore susceptible to hacking and stealing. With EXODUS 1s, it is more than meets the eyes. Under the hood, we use the best hardware and software technologies to create Zion Vault – the perfect wallet with an easy-to-use software integrated with on-board hardware security.

OPERATING SYSTEM

The Taiwanese phone maker said it developed its own cryptocurrency wallet called Zion to make its new phone function as a hardware cryptocurrency wallet.

The Exodus 1 comes with a secure enclave — a secluded area on the phone’s chip kept separate from the Android operating system (OS) it runs on — that uses technology made by SoftBank’s Arm Holdings to keep a customer’s cryptocurrency safe.

“Think of it as a micro OS that runs in parallel with Android,” Phil Chen, HTC’s decentralized chief officer, told CNBC over the phone. “It basically is a wallet, but the wallet, what it does is hold your private keys.” Private keys are lines of code which are meant to be known only to the owner of a cryptocurrency to allow them access to their funds.

Chen said the benefit of keeping this area of the phone separate from Android was that Google’s OS is “fundamentally insecure with a centralized system,” and therefore storing cryptocurrency using Android would make a user’s funds more vulnerable to a hack.

He said the significance of integrating blockchain technology in the phone is that it bolsters the security and privacy of a user’s assets, and will in the future help with protecting a customer’s data and identity. Blockchain can be thought of as a tamper-proof digital ledger that records cryptocurrency transactions and other data across a distributed network with no central authority overseeing it.

HIGHLIGHTS

First Bitcoin Full Node on Mobile

Don’t trust. Verify. First mobile phone with Full Node support.

Trusted UI

The keyboard is prone to attacks from malware and fake interfaces trying to phish your information. The trusted UI uses the TEE to guard your assets and sensitive data.

Zion – Bank of EXODUS

The Zion Vault uses the Trusted Execution Environment (TEE) to protect your private keys and sensitive data. When signing transactions, the TEE activates and temporarily isolates the operating system so that all your data is always safe.

Social Key Recovery

Never lose your key again! Your trusted contacts can now come to rescue when in need.