The new HTC smartphone will support bitcoin, Litecoin and the Lightning Network | finder.com

The new HTC smartphone will support bitcoin, Litecoin and the Lightning Network

Peter Terlato 30 July 2018 NEWS

The smartphone is set to be released before the end of the year and comes complete with CryptoKitties game.

Taiwanese consumer electronics company HTC is gearing up for the release of the first ever crypto smartphone. The device was slated to be compatible with bitcoin and now Litecoin creator Charlie Lee has revealed that the Exodus smartphone will also support Litecoin and off-blockchain payments protocol, the Lightning Network.

Lee took to Twitter over the weekend to announce the development. He also explained that, after meeting with the HTC Exodus team last week, he has been contracted as a technological advisor for the new smartphone.

While Exodus will support Litecoin and the Lightning Network, it will still support bitcoin and Ethereum. Users will be able to connect to these cryptocurrencies’ blockchain networks and store their tokens on the phone.

Bitcoin vs Litecoin: How are BTC and LTC different?

Early access to the HTC Exodus will be available from the third quarter 2018, according to the phone’s website. Individuals interested in staying up to date with the device’s progress can sign up and reserve their purchase.

In an interview with Coindesk, HTC chief crypto officer Phil Chen said that distribution is likely to occur by the end of the year and that interested parties can engage in a pre-sale using either bitcoin or Ether.

Earlier this month, HTC announced that the company had partnered with mobile app CryptoKitties. The crypto-collectables game will come pre-loaded on all new HTC Exodus blockchain-friendly smartphones.

You can learn all about different exchanges, understand exactly how to buy and sell cryptocurrencies, calculate your taxes, discover digital wallets to hold assets and explore a list of all the alternative coins on the market.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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