HTC Exodus 1 Finally Unveiled: It’s First Blockchain-Focused Phone & A Hardware Wallet

After filling the rumour blocks, HTC has finally unveiled its first blockchain-focused phone – the Exodus 1. The device is available for pre-order immediately and will ship out in December. So if you are interested, you can only pay for it in crypto-currencies – BTC 0.15 or ETH 4.78 (roughly about $960/€830 today, but we cannot say for tomorrow as rate is volatile)

Why Is HTC Exodus 1 Special?

It is the Zion crypto wallet developed by the company. It uses the security enclave of its Snapdragon 845 chipset to keep the users’ keys hidden from untrusted parts of the OS (Android Oreo) and apps.

Zion will turn the HTC Exodus 1 into your hardware cryptocurrency wallet. But what if you lose the phone? Social Key Recovery allows you to pick several trusted people in such a way that if they all come together, they can recreate your private key. This is called Shamir’s Secret Sharing or (as it’s better known in the crypto world) key sharding.

The Exodus has deeper ties to the cryptocurrency world. It will run “Dapps”, decentralized apps, which run simultaneously on many devices to ensure that results can be trusted and cannot be tampered with. HTC doesn’t go into much detail, but presumably these will run on top of Ethereum. Here’s CoinDesk’s overview of dApps.

HTC Exodus 1 Key Specs

Speaking of the specs of the phone: it features

  • A 6-inch 1440p+ display (18:9)
  • Powered By a Snapdragon 845 chipset
  • 6GB of RAM
  • 128GB inbuilt storage.
  • Dual rear cameras of 16MP main module
  • Selfie camera of 8MP
  • Battery power of 3,500mAh battery
  • IP68 water resistance.

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