The creator of Litecoin and popular crypto expert, Charlie Lee announced on Sunday that the HTC’s new smartphone will support blockchain technology.
Charlie Lee as an advisor
Lee announced that he would be joining the development team of the much-awaited upcoming HTC Exodus as an advisor. Initially, Lee announced that he attended a meeting with HTC’s team of advisors a few days ago.
Met the HTC Exodus team last week and was really excited to hear the phone will support LTC and Lightning Network on Litecoin natively! I will be an advisor as I see having a secure crypto phone that makes LN simple is needed for mass adoption.
P.S. No, they will not remove BTC. https://t.co/WQcygPVst0
— Charlie Lee [LTC⚡] (@SatoshiLite) July 30, 2018
Consequently, he claimed that Exodus will natively support Lightning Network on litecoin following the tweet. A disclaimer added by him said that bitcoin will also be supported by Exodus.
Furthermore, this news was confirmed on Monday as HTC said that the team quoted Neil Armstrong’s famous moon landing dialogue and said they were “honoured” to have an advisor as Lee.
One small step for @SatoshiLite. One giant leap for blockchain.
— HTC Exodus (@htcexodus) July 30, 2018
With the intention of developing the world’s first cryptocurrency smartphone, the tech giant first announced Exodus in May 2018. The smartphone will serve as a storage device for cryptocurrencies while also being a mobile connecting point to blockchain networks. However, declining to give a firm date, Chief Crypto officer of HTC Phil Chen told that the company hopes to distribute the smartphone to the public by the end of 2018. He further said that the people interested in early purchasing of Exodus could participate with bitcoin or ether in a pre-sale. In July 2018, it was mentioned by the company that the smartphone will also be supporting the mobile app CryptoKitties. Furthermore, in an ICO to build the “Finney”, Sirin Labs has recently raised $157 million to join the race.