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Charlie Lee of Litecoin fame and the HTC Exodus phone

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Litecoin
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Charlie Lee is a former Google software engineer who became fascinated by Bitcoin. Being a software expert, he realized that the mining process could be much lighter without affecting the Bitcoin’s blockchain security and reliability so he set himself to do exactly that. Thus was created Litecoin.

Mr. Lee remains Litecoin’s leader, and he’s one of the most charismatic and beloved figures in crypto. The Litecoin community adores him.

Earlier today he announced a last-minute trek to Helsinki where he will meet with Phil Chen (more on him later) to talk about the HTC Exodus phone. Here’s Mr. Lee’s tweet:

Mr. Lee is obviously excited about the new crypto-friendly smartphone and he’s not alone. Vitalik Buterin is quoted in the phone’s website saying,

“I’m excited to see EXODUS putting in the work to make blockchain and cryptocurrency technology secure and easy to use for the masses.”

Many other personalities in the cryptosphere are hailing the new phone’s arrival 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 developing team was led by Phil Chen who is the project’s DCO as well as MD at Presence Capital and has held key positions in many tech-related enterprises and startups. He’s currently an advisor to several AI companies such as Blue Vision Labs and Cloudalize.

The new phone features a 6-inch screen at 18:9 ratio, a 3500 mAh battery, two cameras (one with digital zoom). It will work on Android and it offers 128 GB of storage, and support for 4G networks.

But the main feature, the one that has all the cryptoverse personalities excited is that, as stated by Mr. Lee, it will support several cryptocurrencies out of the box. It’s still unclear what will be the exact way in which they will be supported, but it’s safe to assume that it must be very well done if it’s gathered that much praise from personalities as different as Mr. Lee and Mr. Buterin.

This phone will be a pioneering effort by HTC and it could help put it back in the map. Conversely, it could make Apple and Samsung pay some attention into the cryptosphere so they take a page out of HTC’s book, but that remains wishful thinking for the time being, especially since Apple is openly hostile towards crypto.

Litecoin has been campaigning all year long to push for its token’s adoption. #PayWithLitecoin has become a ubiquitous hashtag and the passionate Litecoin community keeps asking for business, local and online, to start accepting Litecoin wherever they go. So having a mobile phone that works with Litecoin without any further hassle fits perfectly into Mr. Lee’s and Litecoin’s priorities and efforts.

It will be very interesting to see how the mobile market reacts to history’s first blockchain-powered smartphone.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image Courtesy of YouTube.

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Altcoins

Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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