Pandacoin releases new hybrid digital wallet

Thursday 20 November 2014 11:14 CET | News

Pandacoin, a cryptocurrency payments processor, has released a new version of the hybrid cryptocurrency wallet, reports.

The word ‘hybrid’ means, in the context, delivering a coin storage client that could switch to its lightweight version ‘Pandacoin Lite’. Its developing team has thus come up with ‘PandaBank Hybrid’, a storage client that could perform the switching.

The PandaBank Hybrid also comes up with additional features like ‘Instant Sync Technology’ (IST) and ‘Rapid Blockchain Download’ (RBD). While the IST feature enables users to synchronize with the existing blockchain, the RBD feature is set to download an entire Pandacoin blockchain in 5 to 15 minutes. In normal-case scenarios, the time taken to download a cryptocurrency’s blockchain lies between 4 to 24 hours.

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Keywords: Pandacoin, hybrid, digital wallet, cryptocurrency, virtual currency, Switch, Bitcoin
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3