Pandacoin's Panda Bank:
Classic Mode: Downloads the entire blockchain using an old, inefficient system. This takes upwards of days. Stakes.
Hybrid Mode: Downloads the entire blockchain using a new, super-efficient system. This takes as little as 4 minutes. Stakes.
Lite Mode: Downloads the headers using the new suoer-efficient system. This takes as little as 10 seconds. Does not stake.
If you want more details, please feel free to ask
