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!
it's completely rewriting a big part of the code and improving it in every aspect 
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