Charlie Lee is a former Google computer engineer who was fascinated by Bitcoin. Being a software expert, he understood that the mining process could be much lighter without affecting the security and reliability of Bitcoin's blockchain, so he committed himself to doing exactly that. This is how Litecoin was created.
Mr. Lee remains the leader of Litecoin, and is one of the most charismatic and beloved figures in the crypt. The Litecoin community adores it.
Today he announced a last-minute trip to Helsinki, where he will meet Phil Chen (more on him later) to talk about the HTC Exodus phone. Here is Mr. Lee's tweet:
I decided the last minute to talk @SlushHQ Helsinki next week. He will have a conversation at the fireplace with @ philchen913 talk about the @htcexodus Phone. HTC Exodus will support Bitcoin, Ethereum and Litecoin out of the box. The mass adoption takes place one phone at a time! #PayWithLitecoin pic.twitter.com/eNd4XEQw22
– Charlie Lee [LTC⚡] (@SatoshiLite) November 27, 2018
Mr. Lee is obviously excited about the new crypto-friendly smartphone and is not alone. Vitalik Buterin is quoted on the phone's website saying,
"I am excited to see EXODUS working to make blockchain and cryptocurrency safe and easy to use for the masses."
Many other cryptosphere characters are hailing the new phone as the "blockchain phone that could change the Internet as we know it" according to TechRadar.
The new HTC phone is called Exodus 1. The development team was led by Phil Chen, who is the project's DCO and MD at Presence Capital and has held key positions in many companies and technology startups. He is currently a director of several artificial intelligence companies such as Blue Vision Labs and Cloudalize.
The new phone features a 6-inch screen with an 18: 9 aspect ratio, a 3500 mAh battery, two cameras (one with digital zoom). It will work on Android and offers 128 GB of storage and support for 4G networks.
But the main feature, the one that has all the encrypted personalities excited, is that, as stated by Mr. Lee, it will support different cryptocurrencies outside the box. It is not yet clear what the exact way will be supported, but it is safe to assume that it should be done very well if it is collected so much praise from personalities as different as Mr. Lee and Mr. Buterin.
This phone will be a pioneering effort by HTC and could help bring it back to the map. On the contrary, it could make Apple and Samsung pay attention to the cryptosphere in order to take a page from the book of HTC, but for the moment it remains a wishful thinking, especially since Apple is openly hostile towards cryptography.
Litecoin has campaigned all year to push for the adoption of its token. #PayWithLitecoin has become an ubiquitous hashtag and the passionate community Litecoin continues to ask business, local and online, to start accepting Litecoin wherever they go. So having a cell phone that works with Litecoin without further problems fits perfectly with the priorities and efforts of Mr. Lee and Litecoin.
It will be very interesting to see how the mobile phone market reacts to the first historical smartphone based on blockchain.
For real-time business alerts and a daily distribution of encrypted markets, subscribe to Elite membership!
Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliated companies, employees, writers and subcontractors are cryptocurrency investors and may from time to time have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of YouTube.