The new smartphone Exodus 1s & # 39; of $ 300 from HTC can run a complete Bitcoin node

The next Exodus 1 will provide more support for decentralized applications for navigation, messaging and social media (dapps). But that's not all. The 2nd generation Blockchain smartphone will also be able to handle a complete bitcoin node, HTC said Saturday.

Thus, with the smartphone of 300 USD planned for the T4 2019, you can hold the entire blockchain bitcoins on your smartphone and verify transactions.

Smartphone Blockchain could usher in a decentralized mobile Internet

Will a decentralized smartphone network be an important part of Web 3.0? | Source: Shutterstock

What Chen and the Exodus team are considering is a decentralized website. By using blockchain solutions that keep your financial assets safe and under your control, blockchain smartphones are designed to keep all your information safe and under your control.

To do this, it carries the information that your phone transmits and receives through peer-to-peer connections in a distributed network "instead of going through cloud or mainframe maps," as Chen points out.

If the technology now exists to allow anyone to secure their savings on an open source blockchain on a decentralized network, why not secure all its data? The only limits are space and computing power, but these limits will no longer be a problem in a few years.

Web 3.0, the decentralized World Wide Web?

Some critics of Big Data companies may resort to exaggerated and sensationalist alarmism. And the mainstream media sometimes seem strongly biased against technology companies. But there are some sensible reasons to keep control of your own data.

The most obvious reason could be to be paid for your own data. If your data is valuable, why not keep it in check and get paid instead of giving it?

Another reason is privacy. Of course, we all know that Apple and Alphabet observe how we use their products, and we all agreed to benefit from the benefits we get back.

But what about the unwanted surveillance? Whether by sovereign states or cybercriminals? Why trust third parties for private information when we can secure and authenticate the data we transmit ourselves?

Total network equality on Blockchain smartphones

Another likely outcome of blockchain smartphones is decentralized social media platforms with transparent algorithms, in which accounts can not be banned or obscured by any central authority, and the content can not be censored.