Author

Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 134. (Read 1358977 times)

hero member
Activity: 770
Merit: 500
Now let`s spread the word about PB V3 in public Smiley
Fantastic news.
member
Activity: 107
Merit: 10
They're speeding up the syncing speed ON TOP of the lightweight wallet they're gonna release. (Meaning the faster syncing speed is not because of the lightweight wallet but the actual core wallet). This is groundbreaking!

Correct. This way our users can see and utilize their Pandacoins right after installation, and very quickly be able to participate in earning interest AND help secure the Pandacoin network to prevent 51% attacks!

All without relying on relying on a liteweight client. Any proof of stake based cryptocurrencies that survive in the long run will inevitably have gigabytes upon gigabytes of blockchain data to download, similar to Bitcoin today. There will inevitably be a large chunk of new users that will want to opt for a liteweight wallet just because they want to be able to use their coins ASAP.

However, this would mean they can't earn interest nor help secure the network.  
So we basicly get a full wallet with the speed of a lite wallet, that's nice (+ the lite wallet of course). But I'd be interested in knowing that is it technically possible to make a lite wallet that earns interest and helps secure the network? As like you said, at some point we will have big blockchains taking gigabytes of space and it would be nice to be able to stake without the need to download all that (even if it's done really fast).
sr. member
Activity: 322
Merit: 250
Pandacoin (PND) development team member
This is possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! Cheesy)
Most alt coin wallets are based on the Bitcoin QT wallet so they probably just don't have the skill to code something like this from the scratch. Smiley
I don't know if we can call this the biggest wallet innovation released so far but it would certainly be a welcome one to many, if not most coins.

Now that I think of it... How many coins actually have a lite wallet?

They're speeding up the syncing speed ON TOP of the lightweight wallet they're gonna release. (Meaning the faster syncing speed is not because of the lightweight wallet but the actual core wallet). This is groundbreaking!

Correct. This way our users can see and utilize their Pandacoins right after installation, and very quickly be able to participate in earning interest AND help secure the Pandacoin network to prevent 51% attacks!

All without relying on relying on a liteweight client. Any proof of stake based cryptocurrencies that survive in the long run will inevitably have gigabytes upon gigabytes of blockchain data to download, similar to Bitcoin today. There will inevitably be a large chunk of new users that will want to opt for a liteweight wallet just because they want to be able to use their coins ASAP.

However, this would mean they can't earn interest nor help secure the network. 
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
This is possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! Cheesy)
Most alt coin wallets are based on the Bitcoin QT wallet so they probably just don't have the skill to code something like this from the scratch. Smiley
I don't know if we can call this the biggest wallet innovation released so far but it would certainly be a welcome one to many, if not most coins.

Now that I think of it... How many coins actually have a lite wallet?

They're speeding up the syncing speed ON TOP of the lightweight wallet they're gonna release. (Meaning the faster syncing speed is not because of the lightweight wallet but the actual core wallet). This is groundbreaking!
sr. member
Activity: 490
Merit: 250
Why, oh why didn't you get it done before I installed on the Raspberry!? Tongue

Anyway, I CAN SEE SO CLEARLY where this is going. You are truly the greatest, PND devs.

That's how it works, we could've done this announcement before but we thought: "Nah, lets screw a bit with mtrycz!"
Ahah, don't worry, I'll set it up again as soon as the new code is out.

This time it'll be as easy as:
1. compile
2. run
sr. member
Activity: 294
Merit: 250
This is possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! Cheesy)
Most alt coin wallets are based on the Bitcoin QT wallet so they probably just don't have the skill to code something like this from the scratch. Smiley
I don't know if we can call this the biggest wallet innovation released so far but it would certainly be a welcome one to many, if not most coins.

Now that I think of it... How many coins actually have a lite wallet?

I think you're missing the point, the point is not just the Lite wallet. It's the syncing speed, on average we were able to speed it up syncing by 20-40 times. Which coin doesn't want that in their wallet?
full member
Activity: 158
Merit: 100


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 possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! Cheesy)

awesome job guys  Kiss
member
Activity: 107
Merit: 10
This is possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! Cheesy)
Most alt coin wallets are based on the Bitcoin QT wallet so they probably just don't have the skill to code something like this from the scratch. Smiley
I don't know if we can call this the biggest wallet innovation released so far but it would certainly be a welcome one to many, if not most coins.

Now that I think of it... How many coins actually have a lite wallet?
member
Activity: 65
Merit: 10


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 possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! Cheesy)
full member
Activity: 163
Merit: 101
HODLing is an art, not just a word
very nice devs! everyone is waiting for that, no more waiting so long to get new coins or stakes after corrupt blockchain Cool
sr. member
Activity: 294
Merit: 250


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

newbie
Activity: 1
Merit: 0
http://i.imgur.com/FrBLYcC.jpg

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

Well done! PND team!
sr. member
Activity: 294
Merit: 250


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

Why, oh why didn't you get it done before I installed on the Raspberry!? Tongue

Anyway, I CAN SEE SO CLEARLY where this is going. You are truly the greatest, PND devs.

That's how it works, we could've done this announcement before but we thought: "Nah, lets screw a bit with mtrycz!"
sr. member
Activity: 490
Merit: 250


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

Why, oh why didn't you get it done before I installed on the Raspberry!? Tongue

Anyway, I CAN SEE SO CLEARLY where this is going. You are truly the greatest, PND devs.
sr. member
Activity: 294
Merit: 250


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? Tongue it's completely rewriting a big part of the code and improving it in every aspect Wink
but great improvements take time to develop but you know: we deliver  Smiley
If Bitcoin would implement this properly you could sync the full wallet in 2-3 hours (depending on your internet speed)
sr. member
Activity: 454
Merit: 250
THE TIME HAS COME...


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!
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
wow very cool new feature!  Shocked
All coins could benefit from this, I wonder why BTC hasn't done this yet. We have better devs than BTC?

I can't say for sure but PND devs are definitely among the toppest of tops.
full member
Activity: 210
Merit: 100
wow very cool new feature!  Shocked
All coins could benefit from this, I wonder why BTC hasn't done this yet. We have better devs than BTC?
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!

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


Instant Sync Technology
Rapid Blockchain Download

I'm excited. Reducing download time down to 5-15 mins..this would probably be sought out by more than just PND users. huge blockchain like BTC would probably come sniffing around here to see how it works! Great job and can't wait for the release!
sr. member
Activity: 385
Merit: 252
Think with your brain. It is not illegal (yet).


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

Awesome features indeed... The devs are proving themselves again!

On a technical note, I might have a guess at RBD feature being based on bittorrent... while the "Instant Sync Technology" and "Lite" might be quite closely related on inner workings based on blockchain specifics.
Jump to: