Our friends over at PandaCoin have made a very interesting announcement yesterday, as they will be looking to improve their PandaBank feature in the next few days. In case you have no idea what PandaBank or PandaCoin is, you might want to read up first.
This update to PandaBank will be the first major update to this platform, highlighting the team’s intentions of once again redefining how cryptocurrencies should be. SImplicity and ease-of-use are incredibly valuable when it comes to introducing new members or even investors to your digital currency.
The PandaBank developmental update will focus on bringing an optimal user experience for those that are novices when it comes to cryptocurrency. Furthermore, PandaBank will be setting the standard on how all main cryptocurrency wallets should function in the future, in order to gain critical mass for adoption and usage.
PandaBank will become the world’s first cryptocurrency main storage client with the ability to switch between a lightweight client (PandaBank Lite) and the regular full-fledged client. This is a feature we will hopefully see more and more in the altcoin space, and perhaps even some day in our Bitcoin clients as well.
PandaBank Hybrid is the name of PandaBank’s main storage mode, which will be integrated with Instant Sync Technology (IST) and Rapid Blockchain Download (RBD). As those names suggest, synchronizing the entire PND blockchain will be a lot faster. And by a lot faster we mean a LOT faster, as the team hopes to achieving a fully synced wallet (from scratch) within a maximum of 15 minutes.
The update for PandaBank will roll out at some point over the next seven days, so we will keep an eye out for that update!