On December 10, it was announced that the first crypto smartphone HTC Exodus 1 would have the Brave blockchain browser installed in it by default. Co-founder and CEO of Brave Software Brendan Eich wrote about this on his Twitter. DeCenter figured out how the crypto analog would differ from the usual Google Chrome, Safari, or Opera, and whether a new device adapted for digital currency is even needed.
The First Crypto Smartphone
“We believe we can rebuild the Internet together by empowering the people to own their own identities, personal data, and assets.” Description of a new, yet unparalleled blockchain smartphone model HTC Exodus 1 begins with such a welcoming word. Its development was announced in May 2018; a few months later, in late October, the model was presented at a conference in Berlin.
Then HTC co-founder Phil Chen called on the community to support their project and developers to join in improving the components of Exodus 1. Creator of Ethereum Vitalik Buterin responded to the invitation for cooperation and said he was pleased with the appearance of the user-friendly device. Litecoin creator Charlie Lee, for whom the critical factor in the mass adoption of cryptocurrency is the availability and security of crypto wallets, also heeded the call along with e-commerce pioneer Christopher Allen and many others.
Thanks to the support of well-known projects such as Ethereum and Litecoin, the blockchain smartphone can be purchased in 34 countries of the world only for cryptocurrencies, including Bitcoin (0.15 BTC), Ether (4.78 ETH), and Litecoin (19.84 LTC). It is noteworthy that the price of a crypto smartphone is fixed. Earlier, at the time of release in October, it cost about $1,000, and now it is half as much due to the fall in the rate.
Litecoin was added as a means of purchasing Exodus 1 on December 5th. Charlie Lee once again stressed that the price of the smartphone in cryptocurrency equivalent would not change.
The main idea of the HTC Exodus 1 model is the combination of blockchain technology and a smartphone, which is always at hand with the user. Therefore, the appearance of the device is no different from a regular phone. Specifications are the same as the existing U12+ model from the HTC line.
The Android Oreo-based smartphone has a six-inch Quad HD+ display, and an eight-core 2.8 GHz Qualcomm Snapdragon 845 processor. The RAM is 6 GB with 128 GB as a flash drive. The capacity of the battery is 3,500 mAh.
The Secure Enclave security coprocessor is built into the model, which allows users to secure and hide the data of the built-in crypto wallet from the Android OS. The wallet itself can be used to store system access keys. In case of loss or theft of a smartphone, a recovery key is provided that will be activated after the connection of initially separated seed phrases.
What Is the Default Brave Blockchain Browser?
Brave’s browser creation story began in 2016 when Brendan Eich and Brian Bondi in Brave Software officially presented “an alternative to widespread systems where content is provided to users for free in exchange for advertising, the proceeds from which support many creators and publishers of content in the World Wide Web.”
Eich said that the network is becoming dangerous because the battle between advertisers rages in it, all of whom are trying to get hold of user data to increase the effectiveness of advertising. The Internet user leaves too much personal information about themselves, which then pops up in the form of advertising on the visited sites.
The Brave web browser by default blocks intrusive ads and replaces them with a user programmable ad block that does not overload the device. Brave wants to pay BAT tokens from the Brave Rewards payment system for blocking one type and setting up a different kind of advertising.
At the moment, the function of sending internal coins is at the initial testing level. Advertisers and Brave users who connect to the system will enter into partnership agreements and report malicious advertising. To receive BAT payments, users must register in the Brave system, and the received tokens can be converted into fiat money.
Brave’s new advertising approach attracted HTC, which is now in a financial crisis and looking for new ideas for the realization of its concepts, as co-founder Phil Chen said. The publications of Ars Technica and some other critics, however, were skeptical about the moral and legal aspects of Brave’s advertising behavior, denoting it like this: “Ripping off a double jackpot, and in general, Brave looks like robbery.”
Brave now has about 4.7 million users on Android, iOS, Windows, MacOS, and Linux devices. Such deals between two developing companies that already have an audience may be essential to promote a browser, which generates its revenue from traffic.