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Charlie Lee, the creator of Litecoin, announced earlier that he would speak at the Slush event 2018 in Helsinki on December 6, 2018 and would talk about the HTC Exodus 1 phone that has integrated cryptocurrencies like Litecoin [LTC] and Bitcoin [BTC].
Lee has always imagined that cryptocurrencies became the go-to currencies and aimed at its creation [Litecoin] have cheaper commissions and faster transactions. In the case, Lee spoke with HTC's decentralized manager, Phill Chen, and announced that HTC Exodus 1 will support Litecoin and other cryptocurrencies.
The early access to the Exodus 1 phone will have the possibility to purchase it with Litecoin [LTC], Bitcoin [BTC] or Ethereum [ETH] on the site. In addition to the above, the phone has a new storage method that uses the social key recovery mechanism if the device is lost or stolen. Zion is an integrated wallet that comes with the phone to store Bitcoin, Litecoin, Ethereum and various tokens ERC-20 and ERC-721.
Lee is also joining the HTC Exodus team as a consultant and during the event said:
"I am happy that the long-awaited HTC" EXODUS 1 "can now be purchased with Litecoin Since the creation of the cryptocurrency, my vision of Litecoin has always been to increase the distribution of the currency and using it as a basis for secure transactions worldwide, with Exodus 1, the HTC project is expanding cryptographic technology to the mobile phone and doing so in a way that protects the information and portfolios of the user. "
Phill Chen said that phone users have complete control over their private keys and added:
"Only when users have full ownership of their keys can we truly decentralize, a critical first step in protecting users, and we consider this as a first step towards the way people will bring their digital assets and digital identities into their pockets, just the way we bring phones today. "
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