HTC's New Phone Can Run A Full Bitcoin Node

HTC has claimed their new product, the Exodus 1, is the first smartphone to be able to run a full bitcoin node. This would allow it to propagate transactions and blocks anywhere.

At the Lightning Conference in Berlin, the company stated,

“Full nodes are the most important ingredient in the resilience of the Bitcoin network and we have lowered the barrier to entry for any person to run a node”

The cost of the new Exodus 1 is about $244, which is more than half off the cost of its predecessor. HTC also sold the new version at the Berlin conference using the Lightening payment network.

As reported by CoinDesk, the device allows users to install a 400+GB SD card to expand its memory, allowing it to cope with the increasing data capacity required to store the full bitcoin ledger. The current size of the full ledger is closing on 250 GB, according to Blockchain.

The company recommended users to connect to WiFi and plug into a power source while running the full node, though it can also be used on the go. The smartphone also has a built-in hardware wallet to help users securely store cryptocurrencies. By default it comes with 4 GB of RAM and 63 GB of storage, and runs on Android Oreo 8.1.

This article is not intended to be financial advice. As always, do your due diligence before investing, and never invest more than you can afford to lose.

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