They present dGEN1, an Ethereum mobile hardware
On October 17, 2024, the company Freedom Factory launched a mobile device based on cryptocurrency network technology. This is dGEN1, a hardware portable device the size of a cell phone, which will allow users to interact with services Web3decentralized finance applications (DeFi) and sign transactions on the Ethereum (ETH) network.
The device supports second layer solutions (L2) of Ethereum, which are networks designed to improve their scalability and efficiency, but inheriting the security of the network co-founded by Vitalik Buterin.
According to the company, the purchase of this product includes participation in a airdrop of tokens such as DEGEN, IMF, BENJI and others. At the time of this writing, the pool got funds of $60,000 to distribute.
Shipping of the product will begin in “spring 2025”, although in pre-sale, the device is worth 0.20 ETH or 61000.00 DEGEN, which is equivalent to around $500, at the time of writing.
How will dGEN1 work?
dGEN1 will work with the ethOS operating system. This operating system is specifically designed to operate on devices that interact with the Ethereum network and its second layer solutions, such as Arbitrum, Base and others.
Users can manage their transactions on-chainyour digital assets and interact with the smart contracts of the Ethereum ecosystem directly from the device, without depending on third parties.
Thus, dGEN1 is a cryptocurrency self-custody device, as it offers users control over their funds (without depending on third parties) and about your private keys.
This is achieved by the integration of “trustless thin clients” technology. Light Trustless Customers). With this, the User data is verified directly on the networkavoiding the need for servers, external nodes or RPC (Remote Procedure Calls) from third parties that allow communication between different parts of a network.
These “clients” are programs that allow you to verify blocks and transactions without downloading the entire network. By not relying on third-party services for these verifications, dGEN1 eliminates the need to rely on these external services that could introduce vulnerabilities or disruptions.
Additionally, they also reported from the ethOS team that dGEN1 has a browser that is built-in with the wallet of the system. This means that users could access the dApps and sign transactions directly from the browser without having to switch applications or wallet.
The device features a visual interface dedicated to real-time viewing of transaction notifications and network metadata.
On the other hand, from the ethOS account in they claim that this mobile device “is not a telephone” nor did they mention that it has telecommunications utilities.
The company has not detailed whether, for example, this device supports video games, although it does. they assured that dGEN1 “will not replace your iPhone or your mobile phone.”
From these expressions it could be interpreted that, in short, dGEN1 functions similar to a hardware wallet of cryptocurrencies with some advanced functionalities, such as web browsing3.
With dGEN1, the list of mobile devices linked to cryptocurrency networks continues to increase in 2024. Recently, CriptoNoticias reported the launch of Seeker, the smartphone of Solana (SOL) and the portable video game console of the Sui network (SUI), SuiPlay0X1.
ethOS integrates an Ethereum wallet into dGEN1
The dGEN1 device, through ethOS, integrates a wallet which can be used by any decentralized application (dApp). This would simplify the interaction with Ethereum for the user, since the dApps can automatically access to funds and execute actions without friction.
However, as with any wallet of cryptocurrencies, this could imply certain risks for the user who does not take precautions when approving contract requests. Since any application can access the wallet system if permission is granted, there is a possibility that a malicious or compromised application access private funds.
At this point, Factory Freedom does not announce what security measures they implemented on the device to avoid possible attacks.
To buy the dGEN1 you must create an NFT
The creation process (lying) tokens non-fungible (NFTs) The device is based on the Base network, one of the largest L2s on Ethereum. According to the team behind ethOS, this procedure is already available and will be required to access the purchase of dGEN1.
The device can connect to the Base network and execute smart contracts that allow the creation of new tokens.