HTC’s New 5G Router Can Host a Full Bitcoin Node

0
167


Taiwanese tech firm HTC has launched a new router that can connect devices to 5G networks while supporting the bitcoin blockchain at the same time.

In an announcement on Wednesday, the firm revealed the EXODUS 5G Hub, a device said to offer secure 5G connectivity for all internet-enabled devices.

It will also support a full bitcoin node, allowing users to have a role in recording and verifying transactions, as well as securing the blockchain network.

HTC further says that the hub allows users to own their keys, giving them more power over their own data. “You are now verifying the cloud servers, rather than them verifying you. It is a complete power shift from the status quo,” the firm says.

The ability to run a bitcoin node also comes through Zion, alongside a means of key recovery if users lose their devices.

The device further offers a “private vault” providing users a view into their holdings of bitcoin, ethereum, Binance coin, litecoin and Stellar lumens cryptocurrencies. Ethereum standard ERC-20 and ERC-721 tokens are also supported.

“EXODUS is about ownership. Owning your keys, owning your data, owning your privacy,” said Phil Chen, decentralized chief officer at HTC. “EXODUS is the shield against the onslaught of big tech and its assault on the privacy of your home. By using the EXODUS 5G Hub, you have more control and ownership of your data than ever before.”

The company has previously released two smartphones under the EXODUS brand, both offering crypto features via Zion.

The firm added that it plans to add support for several privacy-focused apps on all EXODUS devices, including ProtonMail’s encrypted email service, the Brave browser and Incognito VPN.

The new 5G Hub should hit the stores in Q2, the firm said. No pricing data was provided in the announcement.

Disclosure Read More

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here