HTC to be the ‘World’s First Native Blockchain Phone’

Smartphone producing company HTC is making a major step into the cryptocurrency ecosystem and wider blockchain industry
15 May 2018   138

The Taiwanese company reported about the “HTC Exodus,” which it characterizes as the “world’s first native blockchain phone.” The device will be made under the leadership of Phil Chen, who assisted to create HTC’s virtual reality headset Vive. Chen, who now holds the title of “chief decentralized officer,” will head all of the firm’s cryptocurrency and blockchain-related initiatives. 

Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together. I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) without the need for central authorities. There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world.
Phil Chen
Vive Founder, HTC 

The Android phone will be developed in order to provide the support for decentralized applications (DApps) like CryptoKitties, and it will keep a safe hardware enclave to provide users with access to a universal cryptocurrency wallet that is native to the device. The phone will be reconcilable with multiple protocols and will also support interoperability. 

HTC has not yet revealed a price tag for the Exodus, but the firm made a hint that it is thinking about the possible adopting crypto payments once it becomes available for buying.

PascalCoin to activate V3 Hard fork

PascalCoin V3 Hard fork will be activated on block 210,000 on May 31 and feature anonymity via transaction mixing and inflation reduction
26 May 2018   39

PascalCoin is preparing for V3 Hard fork scheduled for May 31. It will introduce key improvements as such:

  • anonymity transaction mixing;
  • 50% inflation reduction;
  • Lazarus/FPC gets 10% of funding

To get more into the details:

PascalCoin transactions occur between publicly visible accounts and the crucial aspect needs to be implemented - fungibility. The improvement will allow users to perform 'client-server mixing', 'network-protocol mixing', 'chaining multi-transactions', 'decentralized exchanging' and 'monetized-API mixing'.

As for Lazarus/FPC (a base tooling from which PascalCoin is founded on), a total of 10% of the Developer Rewards is recommended to be allocated for the FOSS project funding. In a long run, a large developer mind-share is expected to reduce costs significantly.

To learn more about the details of the fork, you can visit Improvement Proposal page here. And regarding the market characteristics of PascalCoin, at the moment of publication they are as follows:

Average price 0.765895 USD
Market cap 15,978,408 USD
Volume (24H) 89,861 USD