Opera Wallet Launches Support for Tron TRC-Standard Tokens

Opera Wallet Launches Support for Tron TRC-Standard Tokens
Opera announced that they will soon provide in-built support for the TRON (TRX) blockchain and TRC-standard tokens. Among other things, the new integration will make it possible to natively use TRON-powered dapps and tokens within the browser.
Opera Wallet Launches Support for Tron TRC-Standard Tokens

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Source: CoinSpeaker

HTC to Launch Exodus 1s: Blockchain Smartphones Become a Lot Cheaper

HTC to Launch Exodus 1s: Blockchain Smartphones Become a Lot Cheaper
In Q3 2019, HTC will introduce its new blockchain device Exodus 1s that will be the first smartphone to have full node capabilities.
HTC to Launch Exodus 1s: Blockchain Smartphones Become a Lot Cheaper

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Source: CoinSpeaker

HTC Introduces New Phone with Bitcoin Full Node Support

Major cell phone manufacturer HTC has made a big announcement at the New York Magical Crypto Conference this week. The company through its decentralized chief officer Phil Chen announced that it will be launching its new phone which can support the full Bitcoin blockchain with a full node.
An improvement from EXODUS 1
The new phone is a cheaper and more advanced version of the former EXODUS 1, the first blockchain phone the company produced which was released in 2018, Chen said. The improvement according to him is to contribute to maintaining the integrity of the Bitcoin network as more full nodes mean a healthier network. Although this might seem like a big task for a mobile device, he believes phones are very capable of doing it.
“The bitcoin blockchain is about 200 [gigabytes], and it’s growing about 60 gigs per year. And those numbers are reasonable to hold on a smartphone. Imagine the iPod with 256 gigs … of course, the music fan wants to keep the whole music library but the crypto fan wants to keep the whole bitcoin blockchain,” Chen said.
Although also a blockchain phone, the EXODUS 1 was only capable of storing private keys to secure users’ digital assets but did not possess the ability the 1s has. In addition to running the full Bitcoin node, Chen said a light Ethereum node could also be supported on the phone depending on its specifications, although the company is not considering that right now.
Future developments
After the successful launch of the EXODUS 1s with a fully functional Bitcoin full node, HTC may be considering replicating the same idea for other cryptocurrencies. The company also plans to provide a software development kit (SDK) for its crypto wallet app Zion Vault, and eventually make the codes behind its social key recovery open source. It also intends to support public blockchains in the cryptocurrency ecosystem.
You May Also like: Decentraland [MANA] Price Skyrockets Over 45% After Partnership With HTC
While the specifications for the new phone has not been released yet, HTC plans to launch it by the end of Q3 with a retail price between $250 and $300. It might be only available for purchase with cryptocurrencies in the first instance like they did with the EXODUS 1 in 2018, or fiat can be used to pay for it from the start, only time will tell.
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Source: CoinGape

Key To Crypto Adpotion: HTC May Bring Blockchain Mainstream With Exodus 1s

In 2018, HTC, the Taiwan-based technology giant and smartphone manufacturer, shocked the crypto world when it unveiled plans to launch a blockchain-friendly device. This marked the first time that a large technology corporation had revealed it was allocating serious capital towards a cryptocurrency product.
Unlike many other ventures in this embryonic industry and contrary to critics’ expectations, the device, dubbed “EXODUS 1 (One)” by HTC, has flourished. In fact, industry legends, namely Ethereum’s Vitalik Buterin, have adopted the phone for day-to-day use. The EXODUS team, led by venture capitalist and technologist Phil Chen, is looking to build on its initial success with a new device — the EXODUS 1s.
Related Reading: HTC Will Accept Fiat Currency for Exodus Crypto Smartphone
Crypto-Friendly EXODUS Phone To See Refresh
Announced Saturday at New York’s Magical Crypto Conference, hosted by Litecoin’s Charlie Lee, Samson Mow of Blockstream, Whale Panda, and Riccardo Spagni, the EXODUS 1s is expected to be a more “value-oriented” version of its predecessor.

#MCC2019 main stage. Where is everyone?! pic.twitter.com/HO7UX31vu6
— Magical Crypto Friends (@magicalcrypto) May 11, 2019

The best part, the EXODUS 1s won’t be rife with compromises. Instead, the new device will contain the “revolutionary pairing of smartphone technology with blockchain technology” that has existed, succeeded, and is being built on top of right now. It is important to note that the EXODUS 1s’ specifications have yet to be divulged.
What makes this new offering tantalizing is that it will be sold at a lower price level (cost to-be-announced), giving users in developing nations, many of whom need access to financial services, a chance at benefiting from HTC’s technologies. A press release elaborates:
“It will allow users in emerging economies, or those wanting to dip their toes into the crypto world for the first time, easier access to the technology with a more accessible price point. This will democratize access to crypto and blockchain technology and help its global proliferation and adoption.”
What’s more, the EXODUS 1s will purportedly be the first consumer-facing smartphone to have full node capabilities, giving its users the opportunity to download the full Bitcoin blockchain to their phone, disvaluing third-party nodes that can be manipulated and improving privacy. In a comment, Phil remarked that “full nodes are the most important ingredient in the resilience of the Bitcoin network”, and that lowering the barriers to entry in this arena will help the establishment of a “free world” predicated on decentralized technologies.
In the aforementioned press release, HTC also divulged that it has open-sourced the Zion Vault SDK, some of the tech behind EXODUS’ on-device cold storage and asset management system; partnered with privacy-centric search browser Qwant; enabled Ethereum block explorer Etherscan; and has expanded support for ERC-721 crypto assets, which could be integral to the impending blockchain revolution.
This recent announcement confirms local reports released over the past two weeks. For instance, DigiTimes reported that according to Phil Chen explained that his team’s flagship product was to be succeeded by a newfangled device. He said that “in addition to supporting the management of cryptocurrencies and related technologies,” along with the security of digital assets/collectibles, the new smartphone will include blockchain-enabled applications for browsing, messaging, social media, among other areas.
The Importance Of Blockchain-Enabled Devices 
To some skeptics, a “blockchain phone” may sound questionable, but Phil Chen claims that Exodus is of utmost importance. In an interview with NewsBTC, he further explained his thoughts on the matter. When asked about the importance of Exodus, Chen remarked that if you boil the smartphone down, he thinks it’s the “only phone that empowers users to own their private keys.” He adds that this simple feature is a “foundational principle” of the decentralized web, which cryptocurrencies are and will continue to be integral too.
On the matter of why owning one’s own private keys is essential, Chen tells NewsBTC that consumers should care about their personal data, as “the way we are trading small conveniences in exchange for micro invasions of privacy,” has “major ramifications,” even for democracy. He concludes:
“There’s a very moral movement around this. When you don’t own your crypto assets or data or identity, there is something fundamentally wrong about that. If there’s a sovereign identity that is you — things that you’ve created, attributes or characteristics that describe you —  that you don’t own, there’s something entirely wrong, especially because we are this far into the information age, and there’s no concept of digital property — what is yours, what is mine… These people would have likely read the book 1984 to understand the issues with all this.”
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HTC’s Blockchain Lead: Bitcoin is to Facebook Coin, JPM Coin as The Internet is to Intranets

Token2049, a recent crypto conference in Hong Kong, saw some of the biggest names in Bitcoin and blockchain congregate. NewsBTC was lucky enough to snag Phil Chen, a world-renowned technologist and the head of HTC’s blockchain division, for a quick interview.
We discussed his team’s phone, the Exodus One, and his thoughts on recent developments in the cryptocurrency space.
What’s Up With HTC Exodus’ Blockchain-Friendly Phone?
NewsBTC: Can you tell the NewsBTC audience about what HTC Exodus is doing?
Phil: The HTC Exodus is one of the first blockchain phones. But, I think it is the only phone that empowers users to own their private keys — which I think is a foundational principle of the decentralized web. If everyone owns their private keys, then you own your Bitcoin. If you don’t, well, you don’t. The Exodus is built on that foundation, as we give users that same architecture to own their digital identity, personal data.
NewsBTC: Is there a thirty-second pitch for why people (common consumers) should own an Exodus over, let’s say, an Apple iPhone or Android?
Phil: People that don’t care about their privacy?
NewsBTC: Yeah, I guess there’s been a surge in people trading in their personal data and rights for convenience.
Phil: If you’re starting from where people don’t care about their privacy, just convenience, I would argue that they would care about it if they knew how their data was being used, and how it was being sold. There’s a very moral movement around this. When you don’t own your crypto assets or data or identity, there is something fundamentally wrong about that. If there’s a sovereign identity that is you — things that you’ve created, attributes or characteristics that describe you —  that you don’t own, there’s something entirely wrong, especially because we are this far into the information age, and there’s no concept of digital property — what is yours, what is mine.
So the way we are trading these small conveniences in exchange for these micro invasions of privacy, and what is your digital property has major ramifications to many things, even to democracy. So there’s no quick answer to this, unfortunately, if you were to not care about privacy. In that case, that wouldn’t be my target audience for the Exodus. My audience would be those who are concerned about this or are concerned about what is being collected, what is sold, and who it is sold to. These people would have likely read the book 1984 to understand the issues with all this.
Related Reading: Why Crypto Is So Important For Privacy With HTC Exodus’ Phil Chen
NewsBTC: How has this so-called “crypto winter” been treating the Exodus team? Has it been hard for your blockchain team to innovate in these conditions?
Phil: It’s actually a lot better, to be honest. There are many facets and reasons why people come to crypto. You, for example, found out about Bitcoin by buying digital goods. And I would say that most people in crypto are interested in speculation in tokens. But there’s another class, which I am in, this being those who are generally interested in the technology and how it will fundamentally rearchitect the internet. From this speculation and token side, it’s a winter. But because of that, I don’t need to answer those questions about the price of this or that coin. To be frank, prices have nothing to do with what we are doing.
NewsBTC: Crypto is all about skin in the game. And when I checked your website (Exodus then only accepted Bitcoin, Litecoin, Ethereum, and Binance Coin) during the December Bitcoin drop, your phones were selling for the equivalent $400. How have those low prices affected your business?
Phil: At $400, everyone was buying these phones. At the end of the day, this is a top of the line HTC smartphone. It’s premium. It has the best specs you would find in any other 2018 model, so at that price, it was selling quickly.

Sooooo…. is anybody going to tell @HTC about how cheap they're selling their Exodus 'blockchain- and crypto-friendly' phones at now? They were listed at a flat rate of 0.15 $BTC and 4.78 $ETH – ~$900 at the time. Now that's a mere $400-500… #justbearmarketthings pic.twitter.com/ChbcZgcl9Z
— Nick (@_Nick_Chong) December 7, 2018

NewsBTC: What is the endgame for the Exodus team? Do you envision a world where blockchain technologies and applications are the norms, or?
Phil: The endgame is to get every person with a smartphone to start owning their identity on their phone, all the data they use on their phone, and empowering them to connect to all the crypto networks.
Bitcoin Adoption In The Mainstream
NewsBTC: What do you think of the whole Samsung S10 “Blockchain Keystore” product?
Phil: First of all, I think that bigger manufacturers coming in[to crypto] is a good thing. To me, it isn’t clear if they’re really empowering the users to own their key. It sounds to me like they aren’t doing that. It sounds to me that they’re more like a custody solution rather than a system that allows people to really own their keys. Then the other surprising fact that I don’t like is that they don’t natively support Bitcoin. I don’t really understand that. I think that the Samsung S10 should be irrelevant for the Bitcoin crowd. But not supporting Bitcoin is a huge statement, it was definitely intentional.
NewsBTC: The weird thing about this is that their marketing material showed images of Bitcoin. So why have that, right?
Phil: It must have been intentional. To me, whether you are a Bitcoin maximalist or not, Bitcoin is so fundamental to this movement. Bitcoin represents being open, censorship-resistant, neutral, what have you. To me, that are the fundamentals of crypto networks. And we pride ourselves with that. One of the Exodus’ wallpapers is a Genesis Block and the Exodus Phone. We definitely see ourselves as an extension of the Bitcoin movement, and that’s why we have many homages to it in our design. I think it is a fundamental part of what we are doing here.
NewsBTC: In the same realm of mainstream adoption, what do you think of the rumors that Starbucks is looking into Bitcoin? And what do you think of the Lightning Network?
Phil: I’m super excited about Lightning. I’m super excited about layer two solutions on Bitcoin. Elizabeth Stark of Lightning Labs is an advisor to Exodus. It’s a hard technology and problem to solve, but we are working to make that a reality. More and more merchants accepting crypto as payment will make this industry much more interesting, and allow it to grow much faster.

NewsBTC: What are your thoughts on centralized, non-blockchain-based cryptocurrencies, like JPM Coin, Facebook Coin? Changpeng Zhao from Binance argues that it will be instrumental in driving adoption, do you agree with that?
Phil: I liken it to intranets. So companies used to have an intranet, which means a surveyed, permissioned, secure internet. That’s how I see these coins. When you issue a private coin, it’s the intranet compared to the internet. Which one is more interesting? So, I’m not too excited about that. We would all agree that in the future, we will move into a world where there is a cashless society, meaning everything becomes digital, crypto, coins. The problem is if you believe the Bitcoin peer-to-peer way of digitizing transactions and money or the centralized version. This will happen. It is already happening in China with WeChat Pay and things of that nature. But we’re going into a digital, cashless payment future, and which route are we going to take? JPMs are one centralized, permissioned way, and Bitcoin and other cryptocurrencies with similar characteristics are the other.
NewsBTC: So there is no room for both types?
Phil: No, there is room for both. But the problem is that these projects are fundamentally surveyed capitalism, and Bitcoin is neutral, borderless, censorship-resistant. These are fundamentally antithetical to each other. But can they both exist at the same time? Probably, and they probably will. But can they exist meshed together? Probably not. But there could be a world in which people pay with privacy coins, like Monero, ZCash, etc., Bitcoin, and centralized assets, like JPM Coin, Facebook Coin. But in the end, they are all antithetical.
NewsBTC: Do you see institutional involvement in this sector as against Bitcoin’s decentralized nature? You have Fidelity with their custody product, do you like that?
Phil: I do like that. I do want to see more and more institutions also have custody solutions like that. Again, it’s fundamentally antithetical to what Exodus stands for though, as we want everybody to hold custody of their own keys, data, and crypto. So if you set it up where institutions are holding custody, I like it right now because it’s better than having corporations that own having our data do that. Fidelity doing custody is good. Telecom operators, yes. But Facebook, no, no.
NewsBTC: What is the primary thing holding back crypto & blockchain adoption right now?
Phil: One is key management — making it simple for people to manage their own keys. If it’s one single thing, it would be key management. But payments is another one, making it easy for payments. There need to be more peer-to-peer apps. There are many infrastructural problems that need to be solved, in that the networks themselves are simply not ready, whether it be consensus or governance issues that haven’t been figured out just yet.
Related Reading: Exclusive: What Litecoin Founder Charlie Lee Thinks Will Drive Crypto Adoption
NewsBTC: What do you think of the statement ‘Long Bitcoin, short the bankers’?
Phil: Long Bitcoin, short the bankers? I believe that. That’s why we are doing this, that’s why I’m building the Exodus, and that’s why we are in this industry. Having the Genesis Block on the Exodus phone is perfect for that statement.
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Why Crypto Is So Important For Privacy With HTC Exodus’ Phil Chen

Believe it or not, privacy has been classified as a fundamental human right by the United Nations. However, with the rise of the Internet, this seeming right has been breached time and time again, as consumers continually trade their precious information for what they see as improvements — however incremental — in their quality of life. Decentralized technologies, whether it be Bitcoin, blockchain-based smart contracts, crypto assets, or otherwise, give users an opportunity to opt-out of Silicon Valley’s and worldwide governments’ ceaseless thirst for copious amounts of data.
Related Reading: Professor and Author Argues That Blockchain Represents a New Kind of Trust
NewsBTC was lucky enough to sit down with Phil Chen, HTC’s Crypto Chief Officer, to talk about privacy in our society, and how his team’s brainchild, the Exodus One smartphone, fits into this whole dilemma. Believe us, it’s quite the dilemma.
Phil Chen — Courtesy of EnGadget
1984 — Not Too Far Off From Reality
In 1949, dystopian sci-fi novelist George Orwell released 1984 — a book that depicts a society predicated on control through authoritarianism and the collection of data, data, and more data. While what Orwell writes about is fantastical and, honestly, scary to imagine, Chen hints that our very world is looking more and more like Oceania, 1984‘s foreboding setting. And the crypto insider isn’t exactly wrong.
Over recent years, Facebook has been absolutely rocked by jaw-droppingly disastrous data scandals, some of which have perpetuated the long-standing “#deletefacebook” movement. In March of 2018, political consulting group Cambridge Analytica was revealed to have tapped into the personal data of millions of consumers’ Facebook accounts. What made this even worse was the fact that Cambridge harvested this data without the explicit consent of their victims.
Little is known about the exact political and societal consequences of the underhanded move, but Facebook claims that the consulting firm managed to glean into the lives of 87 million American profiles. In this case, “big data” really was big. And Chen tells us that this gut-wrenching case of a widespread invasion of privacy could have had severe ramifications, “even to democracy.”
Even if companies do not wish to overtly infringe on consumers’ data privacy, security breaches have become commonplace. While crypto hackers — like North Korea’s Lazarus Group — target value in the form of Bitcoin and other digital assets, other black-hats have begun to set their sights on consumer data. Lots of it. The fact of the matter is, this data is important, thus making it expensive on black markets.
Late last year, a hacker group managed to hack into the servers of Huazhu Hotels Group, an accommodation giant in China with over 3,800 locations across the mainland. The data the attacker managed to garner tallied to a reported 141.5 gigabytes in size, and contained data, including personal ID information, phone numbers, email addresses, birthdays, and home addresses, of 130 million guests.
This fracas, of course, is just the tip of the iceberg though. Across the pond, Equifax, a company whose operations effectively rely only on data security and data processing, saw the personal details (Social Security numbers, addresses, full names, etc.) of approximately 145.5 million of its American, Canadian, and British clients get exposed by hackers.
To be frank, it would be a pain to list debacles of a similar nature and caliber that have occurred over the past ten years — as this issue is omnipresent and harrowing. As HTC’s Phil explains:
“I would argue that [consumers] would care about privacy if they knew how their data was being used, and how it was being sold. There’s a very moral movement around this. When you don’t own your crypto assets or data or identity, there is something fundamentally wrong about that… especially because we are this far into the Information Age.”
A Quiet Revolution. 
There’s hope, however. The Equifax and Cambridge Analytica imbroglios led to a mostly quiet revolution in the realm of privacy and data security, forcing millions to rethink how they act on the internet — what services they use, how they manage privacy settings, and so on and so forth.
Even technology giants have taken steps to mitigate further data breaches. Facebook’s Mark Zuckerberg has recently shared that he is looking to push his purportedly now-crypto-friendly firm to provide users with enhanced security and safety through encrypted services and other privacy-conscious offerings.
PayPal, more recently, made an investment in Cambridge Blockchain (not to be confused with the other Cambridge), a startup centered around facilitating the secure transfer of confidential data through a ledger-based system. Representatives of the fintech firm tell media outlets that it is looking to harness Cambridge’s crypto-esque technology to potentially allow its millions of global users to take control of their own data. And that is exactly what Phil Chen wants to see and is actively pushing for in his day-to-day.
Crypto To Play A Key Role
HTC Exodus is established on the raison d’etre of expanding on the concept of “being your own bank” through Bitcoin through technical architecture, giving users the ability to own their own digital identity.
While the device’s private key system is currently relegated solely to the secure storage of crypto assets, like Bitcoin and Ethereum, Chen envisions a world where you can finally own “a sovereign identity that is you — things that you’ve created, attributes or characteristics that describe you.” This vision sounds a tad nebulous — hard to grasp for common Joes and Jills — but the Exodus team is continually trying its hand at moving closer to this altruistic world, where “digital property — what is yours, what is mine” is a bonafide, respected, and widely-adopted topic. 

At the Mobile World Congress in Barcelona, HTC revealed that Exodus One’s hardware could be used in tandem with the native crypto wallet on the mobile Opera browser. While this venture seems innocuous and simple enough, Chen explains that this partnership is “significant,” in that it allows users to utilize Ethereum decentralized applications with a private key that isn’t owned by a third-party wallet, but by themselves, and by themselves only. Exodus’ partnership with Opera marks the first time that users can sign into a third-party service “using a digital identity that you can own.” Gone are the days that every bit and byte of your data and online identity were out of your control.
This may sound insignificant, but this little-known integration truly exemplifies the importance of crypto assets and blockchain technologies in the push for privacy. There is currently no other innovation or technological advancement in the world that allows users to rapidly take charge of their own finances and data, all within a soon-to-be interoperable ecosystem, created for a global audience.
Unfortunately, development on this front of the crypto industry has been slow, as industry stakeholders have focused their efforts on products meant to satisfy speculators. But, with time, capital, and enough catalysts, data privacy and security could quickly become one of blockchain technology’s most tantalizing real-world use-cases.
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Binance CEO Encourages Coin Adoption Citing Litecoin Partnership With CU Entertainment Global

This week, the average trading volume of few cryptocurrencies are running on a peak – which is perhaps influencing the market cap of other coins as well. In fact, the XRP listing on Coinbase Pro, Decentaland’s boost from HTC partnership and very latest, LTC partnership with CU Entertainment Global are encouraging the daily trading volume of the respective currencies and other coins in addition.
CZ Talks About Coin Adoption
Addressing the similar context, Changpeng Zhao or CZ, the founder of the largest cryptocurrency exchange, Binance is bullish on coin adoption globally. As such, concerning the latest headlines of ‘Litecoin’s move towards the entertainment industry’, CZ says;

adoption of one coin is good for the rest of us too. Go @SatoshiLite https://t.co/CMXOzRk7Cz
— CZ Binance (@cz_binance) February 27, 2019

To note, LTC at press time ranks #5, trading at $45.98 with the rising volume of 1.16 percent over the past 24 hours. In particular, the average trading volume of LTC counts $2,789,200,518 – graph as per coinmarketcap is shown below
Purchasing Ultra VIP Tickets Using LTC
To note, the Litecoin foundation has recently announced that they’re tieing up with CU Entertainment, K-P0p concert production company that aims to promote LTC through famous personalities from Entertainment industry. The upcoming K-Pop concern will be happening on April 6, 2019, at the EagleBank Arena on the campus of George Mason University, wherein South Korean K-Pop artists including Kim Jong Kook, Ailee, WheeSung, Huh Gak and Skull will make the debut.
Per the Litecoin Foundation partnership announcement, folks can reserve Ultra VIP tickets using the fifth largest crypto token, LTC. However, the tickets are not yet placed on sale, but it will be made possible only via Litecoin Foundation website.
Furthermore, its quite important to note that – along with LTC, other cryptocurrencies such as Ethereum (ETH), EOS (EOS), Bitcoin Cash (BCH), Binance Coin (BNB), Cardano (ADA), Monero (XMR) and other cryptocurrencies have also turned green slightly.

CZ Congratulating on Coinbase Pro’s XRP Listing
Speaking about the adoption, CZ’s view on XRP listing by Coinbase Pro cannot go unnoticed – indeed, he took to Twitter and states ‘The more adoption, the better, and the faster thing move around the world. It’s spreading’.

Like to think we contributed to the adoption, maybe just a tiny bit, lol. Congratulations #XRP!
The more adoption, the better, and the faster thing move around the world. It's spreading. https://t.co/5IIvm5QFuq
— CZ Binance (@cz_binance) February 25, 2019

On top of all, HTC Exodus, the blockchain phone had announced on Twitter that it is supporting BNB on its purchase. Adoption of these coins beyond crypto industry has influenced the market cap of other cryptocurrencies along with the respective tokens, that are getting adopted.

#BNB is getting more useful every day. Now you can also buy the first #blockchain phone with it! #EXODUS1 #UseBNB #HTCEXODUS @Teddy_lin @binance Do you already got one @CZ_Binance? https://t.co/hA0yyHcJsB pic.twitter.com/RKSJChWbea
— HTC EXODUS (@htcexodus) February 26, 2019

So readers, what’s your stake on the XRP listing by Coinbase Pro, LTC to purchase VIP tickets in the entertainment industry, BNB in mobile phone era and other announcements as such? Do you agree with CZ’s view of one coin’s adoption influence the value of others? Share your opinion with us.
The post Binance CEO Encourages Coin Adoption Citing Litecoin Partnership With CU Entertainment Global appeared first on Coingape.
Source: CoinGape

Binance Coin [BNB], Litecoin [LTC] can now be used to purchase Exodus, the HTC crypto-phone

The smartphone company HTC increased its standing in the cryptocurrency community by extending payment options for their Exodus 1, the native web 3.0 Blockchain Phone, to Binance Coin [BNB], Litecoin [LTC] and the US Dollar.
At the Mobile World Congress, hosted in Barcelona, HTC announced that customers can purchase the phone using fiat currency from 1 March. Previously, the Exodus 1 model was made available only in cryptocurrencies, selling for 0.20 BTC, 5.23 ETH, or 16.23 LTC. The goal for the smartphone company is to ship out 1 million units of Exodus 1 by the close of 2019, despite the ongoing “crypto-winter” that has marred the coin’s prices.
Phil Chen, the company’s ‘Decentralized Chief Officer,’ said that the March launch is a “core launch” post the early access crypto-specific phase that concluded at the end of 2018. At the moment, the phone is offered only through online retailers, but the company is looking to enter into carrier’s stores to expand market penetration.
Furthermore, HTC announced that they will integrate the popular web browser Opera on Exodus 1 to allow users to operate their held cryptocurrencies more widely. Zion, their “private wallet on a blockchain,” will also be operable on Opera, with micro-payments and decentralized applications [DApps] on the device itself.
Chen added,
“Now you could pay an amount like 0.00002 ETH [equivalent to about $0.0027]. And never in the history of micropayments did that make sense. There’d be a transaction fee or you’d have to share revenue with the app store.”
Opera is just the beginning, with HTC pushing to get 80 percent of the most prominent and featured DApps onto Exodus 1. They are also looking to integrate support into the Web 3.0 movement, according to Chen.
Charles Hamel, the Head of Crypto at Opera said that the partnership between Opera and HTC will herald in a “new standard for usability and security of crypto.”
He added,
“We are at the dawn of a new generation of the Web, one where new decentralized services will challenge the status quo. HTC and Opera have both made the bold decision to be the first to step up and enable this transformation.”
With respect to security, Exodus’ operating system will not be able to interact with Zion and the demarcation between the two will prevent cyber-criminals from targeting the phone when they aim to break into the wallet.
A social key recovery system will be used to ward off any concerns about the loss of the owner’s private keys. Like the emergency contact on many mobile devices, the social key recovery system will allow users to select a list of contacts, who will receive a portion of the private key from which the private key can be recovered.
However, if the device itself is lost, Chen said,
“That’s been a fundamental problem, if you lose your device or lose your private keys, in this case what happens if you lose your phone? Coming up with the solution of splitting up your keys … without us having access to your keys or storing them on a server … that was a big breakthrough for us.”
Samsung is the latest entrant in the Blockchain and cryptocurrency specific phone market. The South Korean company announced last week that their Galaxy S10 model will support private-keys for blockchain enabled applications, with Samsung Knox. Cryptocurrency-optimists are hoping that this integration is a precursor to a fully-supported cryptocurrency wallet on future Samsung devices.
The post Binance Coin [BNB], Litecoin [LTC] can now be used to purchase Exodus, the HTC crypto-phone appeared first on AMBCrypto.
Source: AMB Crypto

Flash Hike: Decentraland [MANA] Price Skyrockets Over 45% After Partnership With HTC

Partnerships have been a great way for projects to work around and bring real-life use to their coins and tokens. While many coins have already found great partners, Decentraland too has its right match as the coin announced its recent partnership with smartphone giant HTC.
Decentraland [MANA] price up by 45%
While partnership news has been a positive price mover for most coins and token, Decentraland news of a collaboration with HTC also had a similar impact. As the news of the collaboration hit the street, Decentraland coin broke all resistance levels and had an upward price break out of close to 45%.
Source: Tradingview
Decentraland Partnership with HTC

We’re excited to announce our new partnership with HTC! We’ll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC’s blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBC
— Decentraland (@decentraland) February 26, 2019

According to the news, Decentraland will debut on the HTC EXODUS 1, an industry leader in blockchain mobile devices. This means that all the users Decentraland assets can be securely stored in the Zion Vault, the all-in-one private vault on the blockchain. The partnership looks a good match as HTC Exodus and Decentraland are both committed to redefining the way people manage their identities, privacy, cryptocurrencies, and other virtual possessions online.
The phone’s hardware will be storing the private keys and will allow users to secure their Decentraland identities, data, and assets directly in their pocket – totally cutting out the middleman. Decentraland’s LAND (the ERC-721 virtual real estate that makes up Genesis City) and MANA (our Ethereum-based cryptocurrency) will both be supported by the Zion Vault.
HTC has been a pioneer in mobile hardware space and has created foundational technology for mobile and virtual reality technology used around the globe and its Project EXODUS is a smartphone solution that will power the decentralized web- a move towards the future.
The street seems to be happy with the partnership and Decentraland could be in every pocket with HTC Exodus. A definite plus for the coin.
 Will Decentraland benefit from the HTC Exodus collaboration of will just prove out to be just another partnership? Do let us know your views on the same.
The post Flash Hike: Decentraland [MANA] Price Skyrockets Over 45% After Partnership With HTC appeared first on Coingape.
Source: CoinGape

Crypto and Blockchain Smartphones Will be The Next Big Thing

This week the crypto-sphere has been awash with talk about Samsung and its next generation flagship phone coming loaded with crypto goodies. While the company itself has dismissed the story according to reports, rivals are shipping out products that will no doubt keep Samsung on its toes.
Samsung Rumors Aplenty
The hype was instigated by a Samsung community website which ran a story on crypto cold storage functionality being included on the Galaxy S10. According to SamMobile which ran an exclusive a few days ago;
“After hearing about the trademarks for Samsung’s blockchain and cryptocurrency software, we decided to dig around a little deeper. We can confirm that the company is indeed developing one and that it may be launched with the Galaxy S10.”
The story went on to tout a number of features such as a cold wallet for storing crypto, signing of public and private keys, and a wallet for transfers and viewing transaction history. The story was syndicated across the crypto media web building a level of hype akin to that when Facebook was rumored to be delving into digital coins. Even crypto warlord John McAfee commented;
“Has Samsung ever made a strategic miscalculation? I think not. Crypto is not just here to stay. It is taking over. Listen market — you damn well better keep up.”
Contrary reports on Cointelegraph claimed that Samsung has refuted the story labeling it as ‘speculation’. “Unfortunately we are unable to provide any information as the below is rumor and speculation,” the South Korean tech giant reportedly said.
The fact is that Samsung has filed for several blockchain and crypto related patents including those regarding storage and cold wallets, so putting two and two together SamMobile garnered a lot of traffic for itself.
The company is remaining tight lipped but the launch of a blockchain powered smartphone with cryptocurrency transaction capabilities is only a matter of time. The two technologies go hand in hand – making micro-payments instantly while on the move would be better with a dedicated smartphone than a clunky laptop.
Rival phone maker HTC is already on the ball with the launch of its Exodus 1 blockchain phone this week. Reviews are already hitting the web and it was announced that the device would come preloaded with the Brave decentralized browser that is powered by the BAT token which has recently been listed on Coinbase Pro.
From a hardware perspective the device is very similar to those from rivals, but it functions as a node on HTC’s own blockchain to enable the running of dApps and allow fee free cryptocurrency transactions.  The Exodus 1 also comes pre-loaded with a raft of security features and crypto storage facilities.
It is without a doubt that Samsung are working on something similar even if they are being coy about it right now. While these crypto-phones may just be something out of a cypherpunk’s dream, they are the pioneers today of what is likely to be commonplace in the not too distant future.
Image from Shutterstock
The post Crypto and Blockchain Smartphones Will be The Next Big Thing appeared first on NewsBTC.
Source: New feedNewsBTC.com

HTC blockchain focused phone is here and you need cryptocurrency to buy it

Finally, HTC’s first blockchain based phone and yes you need cryptocurrencies buy it. According to the recent announcement coming from the company, HTC’s blockchain-based phone Exodus 1 will be available for pre-order at a price of 0.15 bitcoins or 4.78 ether tokens, which translates to about $960, and is expected to be shipped by December.
HTC’s new strategy to focus on blockchain technology  
HTC unveiled its flagship blockchain-focused smartphone on Tuesday, the Exodus 1, as the struggling manufacturer looks to shift its strategy to focus on new blockchain technology. 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.
“The dominant companies in our world today are Google and Facebook, and in China, Baidu, Alibaba and Tencent, because they basically own all our data,” Chen said.
Other than its blockchain features, the Exodus 1 also includes:
A 16-megapixel dual main camera and an 8MP dual front camera with 4K video.
A six-inch display with quad-HD+ resolution.
A Qualcomm Snapdragon 845 processor.
Six gigabytes of RAM and 128GB of storage.
HTC’s early access Exodus 1 is available for pre-order at a price of 0.15 bitcoins or 4.78 ether tokens, which translates to about $960, and is expected to be shipped by December. That huge price tag places it on similar footing with premium smartphones in the market like Apple’s iPhone XS and Samsung’s Galaxy Note 9.
The phone looks stunning and is loaded with real features. One will have to wait this December t get the hands on it to know the actual functions.
Will this blockchain based phone be able to change fortunes for HTC? Do let us know yur views on the same
The post HTC blockchain focused phone is here and you need cryptocurrency to buy it appeared first on Coingape.
Source: CoinGape

CryptoKitties Partners With HTC to Bring Digital Assets to Android

CryptoKitties, the Ethereum-based, decentralized application (DApp) that allows users to purchase, collect, breed and sell various types of virtual cats, announced today that it has partnered with HTC, a Taiwanese consumer electronics company, to bring its collectibles game to Android devices. The cat’s out of the bag: @htc X @CryptoKitties. More information coming out shortly! https://t.co/RyeLJLntbJ […]
Source: Sludge Feed