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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

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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