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:
I decided last minute to speak at @SlushHQ Helsinki next week. Will be doing a fireside chat with @philchen913 to talk about the @htcexodus phone. The HTC Exodus will support Bitcoin, Ethereum, & Litecoin out of the box. Mass adoption happens 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 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.
Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…
Can Libra help the crypto industry to reach new heights?
The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.
From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.
What is Libra?
Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.
Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.
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