New Adviser for HTC’s Exodus Smartphone: Litecoin [LTC]’s Charlie Lee
News

New Advisor for HTC’s Exodus Smartphone: Litecoin [LTC]’s Charlie Lee

The co-founder of Litecoin (LTC) and the former Director of Engineering at the cryptocurrency platform Coinbase, Charlie Lee, has announced that he will be an advisor to HTC’s Exodus smartphone. Awaiting the launch in autumn, Exodus is the first smartphone made primarily for “decentralized applications and security”.

HTC declared that with an experience of 20 years in the Smartphone business area and producing as much as 100 million phones, they believe that it is their duty “to reshape the internet” and “make decentralization a reality”

Through its cell phone’s blockchain, HTC plans to offer assistance for Bitcoin [BTC] and Ethereum [ETH] apart from Litecoin [LTC]. As per the multinational electronics organization, Exodus will help in encouraging cryptographic exchanging between customers of its devices.

“htcexodus.com”, the official website of HTC Exodus stated:

“Our vision is to expand the blockchain ecosystem by creating the world’s first phone dedicated to decentralized applications and security.”

Lee indicated that he met with the HTC Exodus group seven days back and was thrilled with the idea of the smartphone supporting LTC and Lightning Network on Litecoin locally”. As per Lee, the way to anchoring mass acceptance of the technology is a safe crypto phone that makes LN [Lightning Network] straightforward”.

Charlie Lee re-tweeted HTC’s tweet:

The Decentralized Chief Officer at Exodus, Phil Chen replied to the tweet saying:

“Privileged for the Exodus Phone to be working with @SatoshiLite and @starkness. Excited to be on this journey with you.”

According to reports, HTC will allow mining on the phone and the processing power it is putting behind that function is minimal compared to mining rigs that use ASICs and graphics cards to handle thousands of operations per second.

In an interview during the RISE conference in Hong Kong this week, Phil Chen, the chief crypto officer at HTC revealed that HTC’s blockchain phone has already received “tens of thousands” of reservations globally.

Follow us on Telegram!


Leave a Response

Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.