[PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync

[bluedude]

Great release.
This would be a really useful feature with the mobile client.
Waiting to try it.

[1714697355]

1714697355

[1714697355]

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[1714697355]

1714697355

[WhalePanda]

Great release.
This would be a really useful feature with the mobile client.
Waiting to try it.

this has nothing to do with mobile client
i think most people dont understand how huge this is 
great job devs 

[bluedude]

Great release.
This would be a really useful feature with the mobile client.
Waiting to try it.

this has nothing to do with mobile client
i think most people dont understand how huge this is 
great job devs 

Does this mean the mobile client dont have to sync the whole block chain to your device, before start using it.
I thought this will reduce the footprint of the mobile client on the device.
may be I am wrong 

[mtrycz]

This time it'll be as easy as:
1. compile
2. run

Aww, c'mon guys, I waited for you to catch on it!
3. ?
4. Profit!

[ozzke]

This time it'll be as easy as:
1. compile
2. run

Aww, c'mon guys, I waited for you to catch on it!
3. ?
4. Profit!

some of us are very busy working 

[mtrycz]

This time it'll be as easy as:
1. compile
2. run

Aww, c'mon guys, I waited for you to catch on it!
3. ?
4. Profit!

some of us are very busy working 

Yeah, me too, but

[thispanda]

Major PandaBank Patch (v3.0.0) Preview

Pandacoin (PND) Development Team is proud to reveal our upcoming first major update to PandaBank which highlights our intention of once again redefining how cryptocurrencies should be – simple and easy to use. By focusing on providing an optimal user experience for those that are new to cryptocurrencies, we will be setting the benchmark on how all main ‘crypto-wallets’ should function in the future, in order to truly obtain a global mass appeal.

PandaBank will be the world’s first cryptocurrency main storage client with the ability to switch to a lightweight version of the client, ‘PandaBank Lite’. Pandacoin’s main storage mode will be called ‘PandaBank Hybrid’, integrated with ‘Instant Sync Technology’ (IST) and ‘Rapid Blockchain Download’ (RBD); allowing new Pandacoin users to immediately synchronize with the blockchain and see/utilize their Pandacoins right after installation of the client, and reducing the time to download the entire blockchain from 4 to 24 hours, down to 5 to 15 minutes.

Patch v3.0.0 is scheduled for full release within 7 days.

Cryptocurrency for the masses,

The Pandacoin Development Team

This is nifty, I love the idea!

Nifty? it's completely rewriting a big part of the code and improving it in every aspect
but great improvements take time to develop but you know: we deliver 
If Bitcoin would implement this properly you could sync the full wallet in 2-3 hours (depending on your internet speed)

Oh my! This is amazing news!! Very impressive work devs

[mikeroz]

everything is panda

[ozzke]

Major PandaBank Patch (v3.0.0) Preview

Pandacoin (PND) Development Team is proud to reveal our upcoming first major update to PandaBank which highlights our intention of once again redefining how cryptocurrencies should be – simple and easy to use. By focusing on providing an optimal user experience for those that are new to cryptocurrencies, we will be setting the benchmark on how all main ‘crypto-wallets’ should function in the future, in order to truly obtain a global mass appeal.

PandaBank will be the world’s first cryptocurrency main storage client with the ability to switch to a lightweight version of the client, ‘PandaBank Lite’. Pandacoin’s main storage mode will be called ‘PandaBank Hybrid’, integrated with ‘Instant Sync Technology’ (IST) and ‘Rapid Blockchain Download’ (RBD); allowing new Pandacoin users to immediately synchronize with the blockchain and see/utilize their Pandacoins right after installation of the client, and reducing the time to download the entire blockchain from 4 to 24 hours, down to 5 to 15 minutes.

Patch v3.0.0 is scheduled for full release within 7 days.

Cryptocurrency for the masses,

The Pandacoin Development Team

[Tomski]

Good job devs!

[mynamehere]

Major PandaBank Patch (v3.0.0) Preview

Pandacoin (PND) Development Team is proud to reveal our upcoming first major update to PandaBank which highlights our intention of once again redefining how cryptocurrencies should be – simple and easy to use. By focusing on providing an optimal user experience for those that are new to cryptocurrencies, we will be setting the benchmark on how all main ‘crypto-wallets’ should function in the future, in order to truly obtain a global mass appeal.

PandaBank will be the world’s first cryptocurrency main storage client with the ability to switch to a lightweight version of the client, ‘PandaBank Lite’. Pandacoin’s main storage mode will be called ‘PandaBank Hybrid’, integrated with ‘Instant Sync Technology’ (IST) and ‘Rapid Blockchain Download’ (RBD); allowing new Pandacoin users to immediately synchronize with the blockchain and see/utilize their Pandacoins right after installation of the client, and reducing the time to download the entire blockchain from 4 to 24 hours, down to 5 to 15 minutes.

Patch v3.0.0 is scheduled for full release within 7 days.

Cryptocurrency for the masses,

The Pandacoin Development Team

Another case of the PND devs trying to make a crypto worthy of real world uses. For those of you still doubting PND, watch out, you may get egg on your face. 

[VDechand]

Vote for PND my little panda friends

https://askcoin.net/votes

[cadexn]

everything is panda

roflmao, nice one.

[ozzke]

Why is this announcement so important for most cryptocoins?


Some people seem to not get the importance of these new announced features.

Picture this: you're trying to get someone to use a cryptocurrency

You: "This cryptocurrency is sooooo cool, you should check it out, I will send you some (insert cryptocurrency you want)"
Him: "Oh cool, I just downloaded the wallet, my address is (insert address)"
You: "Ok, I send it to you"

5 mins pass by

Him: "WTF dude I thought you said this was fast, I still didn't get it"
You: "I send it to you, look (insert coinexplorer txid)... Ooh wait, is it synced?"
Him: "Synced? what's that? Oh now I see that little bar."
You: "Yeah it usually takes 8-10 hours"
Him: "WTF... this is lame, I'm going back to (insert stupid game)"

With the Instant Sync Technology (IST) you will see incoming transfers instantly, as fast as you would see them with a normal synced wallet. Even during the syncing process the new transactions will be coming in.
You know the pain of syncing an older coin like Bitcoin/Litecoin of even Dogecoin? Well take the time it would take for you to do that on average and then divide it by 20/30, that's how long it will take with the Rapid Blockchain Download (RBD). The older a coin gets, the bigger the blockchain, the longer it takes. Other coins will have no option other than to implement something like this.

I hear you coming: what about Litewallets? That's a solution right?
Most of them are not userfriendly, also when you have a PoS coin that doesn't really apply, it doesn't help your network be secure since it only downloads headers. We do however offer people to just use Pandabank Lite, since we want to provide something useful to every type of user.


I've been testing it a lot and it's really cool and really fast, but I'm already used to it now sadly So I'm already looking forward to the next feature!

[cadexn]

Why is this announcement so important for most cryptocoins?


Some people seem to not get the importance of these new announced features.

Picture this: you're trying to get someone to use a cryptocurrency

You: "This cryptocurrency is sooooo cool, you should check it out, I will send you some (insert cryptocurrency you want)"
Him: "Oh cool, I just downloaded the wallet, my address is (insert address)"
You: "Ok, I send it to you"

5 mins pass by

Him: "WTF dude I thought you said this was fast, I still didn't get it"
You: "I send it to you, look (insert coinexplorer txid)... Ooh wait, is it synced?"
Him: "Synced? what's that? Oh now I see that little bar."
You: "Yeah it usually takes 8-10 hours"
Him: "WTF... this is lame, I'm going back to (insert stupid game)"

With the Instant Sync Technology (IST) you will see incoming transfers instantly, as fast as you would see them with a normal synced wallet. Even during the syncing process the new transactions will be coming in.
You know the pain of syncing an older coin like Bitcoin/Litecoin of even Dogecoin? Well take the time it would take for you to do that on average and then divide it by 20/30, that's how long it will take with the Rapid Blockchain Download (RBD). The older a coin gets, the bigger the blockchain, the longer it takes. Other coins will have no option other than to implement something like this.

I hear you coming: what about Litewallets? That's a solution right?
Most of them are not userfriendly, also when you have a PoS coin that doesn't really apply, it doesn't help your network be secure since it only downloads headers. We do however offer people to just use Pandabank Lite, since we want to provide something useful to every type of user.


I've been testing it a lot and it's really cool and really fast, but I'm already used to it now sadly So I'm already looking forward to the next feature!

Such tease

[mtrycz]

Why is this announcement so important for most cryptocoins?


Some people seem to not get the importance of these new announced features.

Picture this: you're trying to get someone to use a cryptocurrency

You: "This cryptocurrency is sooooo cool, you should check it out, I will send you some (insert cryptocurrency you want)"
Him: "Oh cool, I just downloaded the wallet, my address is (insert address)"
You: "Ok, I send it to you"

5 mins pass by

Him: "WTF dude I thought you said this was fast, I still didn't get it"
You: "I send it to you, look (insert coinexplorer txid)... Ooh wait, is it synced?"
Him: "Synced? what's that? Oh now I see that little bar."
You: "Yeah it usually takes 8-10 hours"
Him: "WTF... this is lame, I'm going back to (insert stupid game)"

With the Instant Sync Technology (IST) you will see incoming transfers instantly, as fast as you would see them with a normal synced wallet. Even during the syncing process the new transactions will be coming in.
You know the pain of syncing an older coin like Bitcoin/Litecoin of even Dogecoin? Well take the time it would take for you to do that on average and then divide it by 20/30, that's how long it will take with the Rapid Blockchain Download (RBD). The older a coin gets, the bigger the blockchain, the longer it takes. Other coins will have no option other than to implement something like this.

I hear you coming: what about Litewallets? That's a solution right?
Most of them are not userfriendly, also when you have a PoS coin that doesn't really apply, it doesn't help your network be secure since it only downloads headers. We do however offer people to just use Pandabank Lite, since we want to provide something useful to every type of user.


I've been testing it a lot and it's really cool and really fast, but I'm already used to it now sadly So I'm already looking forward to the next feature!

Such tease

Haha, in perfect ozzke style!

---
I really don't get how someone would *not* get it.
Well only if that someone is looking for the workng things/asking the wrong questions.

I like how Pandacoin has a plan. Brb, sending this month's payout to Kraken.

[mikeroz]

devs are legally obligated to deliver
great job, cant wait to see it working

[Linux_Mint_Pal]

devs are legally obligated to deliver
great job, cant wait to see it working

Actually no, we aren't.

We aren't being paid; this is all volunteer work because we believe in the work we do.



That said, we have, do, and will deliver, as I'm sure most of you have come to understand

[mikeroz]

devs are legally obligated to deliver
great job, cant wait to see it working

Actually no, we aren't.

We aren't being paid; this is all volunteer work because we believe in the work we do.



That said, we have, do, and will deliver, as I'm sure most of you have come to understand

was joke :l

[Arvesen]

Major PandaBank Patch (v3.0.0) Preview

great news, you're so cool, well done,
PND for the masses!