I want to build mist from source. I started the mist application for the very first time following the instruction here: https://github.com/ethereum/mist#run-mist. I did not have any wallet so I did not import any. This is the splash screen I see:
I don't know how to make sense of the numbers as seen in the lower right hand corner.
Why does it mean by
Chain structure 99.50%)? It does not correspond to 1,844,506 divided by 4,6430,330.
Additionally, if I want to run my wallet locally, the splash screen seems to suggest I have to download the all the blockchain history. Is it correct?