On October 17, 2024, the corporate Freedom Factory launched a mobile system based mostly on cryptocurrency community expertise. This is dGEN1, a hardware transportable system the scale of a cellular phone, which is able to permit customers to work together with providers Web3decentralized finance functions (DeFi) and signal transactions on the Ethereum (ETH) community.
The system helps second layer options (L2) of Ethereum, that are networks designed to enhance their scalability and effectivity, however inheriting the safety of the community co-founded by Vitalik Buterin.
According to the corporate, the acquisition of this product consists of participation in a airdrop of tokens comparable to DEGEN, IMF, BENJI and others. At the time of this writing, the pool He acquired funds of $60,000 to distribute.
Shipping of the product will start in “spring 2025”, though in pre-sale, the system is price 0.20 ETH or 61000.00 DEGEN, which is equal to round $500, on the time of writing.
How will dGEN1 work?
dGEN1 will run on the ethOS working system. This working system is particularly designed to function on gadgets that work together with the Ethereum community and its second layer options, comparable to Arbitrum, Base and others.
Users can handle their transactions on-chainyour digital property and work together with the sensible contracts of the Ethereum ecosystem straight from the system, with out relying on third events.
Thus, dGEN1 is a cryptocurrency self-custody system, because it affords customers management over their funds (with out relying on third events) and about your personal keys.
This is achieved by the combination of “trustless thin clients” expertise. Light Trustless Customers). With this, the User knowledge is verified straight on the communityavoiding the necessity for servers, exterior nodes or RPC (Remote Procedure Calls) from third events that permit communication between totally different components of a community.
These “clients” are packages that help you confirm blocks and transactions with out downloading the whole community. By not counting on third-party providers for these verifications, dGEN1 eliminates the necessity to depend on these exterior providers that might introduce vulnerabilities or disruptions.
Additionally, additionally they reported from the ethOS staff that dGEN1 has a browser that’s built-in with the pockets of the system. This signifies that customers may entry the dApps and signal transactions straight from the browser with out having to modify functions or pockets.
The system includes a visible interface devoted to real-time viewing of transaction notifications and community metadata.
On the opposite hand, from the ethOS account in X they affirm that this mobile system “is not a phone” nor did they point out that it has telecommunications utilities.
From the corporate, they haven’t detailed whether or not, for instance, this system helps video video games, though they did guarantee that dGEN1 “will not replace your iPhone or your mobile phone.”
From these expressions it may very well be interpreted that, in brief, dGEN1 features just like a hardware pockets of cryptocurrencies with some superior functionalities, comparable to internet browsing3.
With dGEN1, the checklist of mobile gadgets linked to cryptocurrency networks continues to extend in 2024. Recently, CriptoNoticias reported the launch of Seeker, the smartphone of Solana (SOL) and the transportable online game console of the Sui community (SUI), SuiPlay0X1.
ethOS integrates an Ethereum pockets into dGEN1
The dGEN1 system, by means of ethOS, integrates a pockets which can be utilized by any decentralized utility (dApp). This would simplify the interplay with Ethereum for the person, because the dApps can mechanically entry to funds and execute actions with out friction.
However, as with every pockets of cryptocurrencies, this might indicate sure dangers for the person who doesn’t take precautions when approving contract requests. Since any utility can entry the pockets system if permission is granted, there’s a risk {that a} malicious or compromised utility entry personal funds.
At this level, Factory Freedom doesn’t announce what safety measures they carried out on the system to keep away from doable assaults.
To purchase the dGEN1 you will need to create an NFT
The creation course of (mendacity) tokens non-fungible (NFTs) The system relies on the Base community, one of many largest L2s on Ethereum. According to the staff behind ethOS, this process is already out there and will likely be required to entry the acquisition of dGEN1.
The system can hook up with the Base community and execute sensible contracts that permit the creation of latest tokens.
