diff --git a/LeftPanel.qml b/LeftPanel.qml
index 59793659..93290bc6 100644
--- a/LeftPanel.qml
+++ b/LeftPanel.qml
@@ -36,6 +36,7 @@ Rectangle {
     property alias unlockedBalanceText: unlockedBalanceText.text
     property alias balanceText: balanceText.text
     property alias networkStatus : networkStatus
+    property alias daemonProgress : daemonProgress
 
     signal dashboardClicked()
     signal historyClicked()
@@ -352,9 +353,16 @@ Rectangle {
             id: networkStatus
             anchors.left: parent.left
             anchors.right: parent.right
-            anchors.bottom: parent.bottom
+            anchors.bottom: (daemonProgress.visible)? daemonProgress.top : parent.bottom;
             connected: false
         }
+
+        DaemonProgress {
+            id: daemonProgress
+            anchors.left: parent.left
+            anchors.right: parent.right
+            anchors.bottom: parent.bottom
+        }
     }
     // indicate disabled state
     Desaturate {
diff --git a/components/DaemonProgress.qml b/components/DaemonProgress.qml
new file mode 100644
index 00000000..1ed533e3
--- /dev/null
+++ b/components/DaemonProgress.qml
@@ -0,0 +1,90 @@
+// Copyright (c) 2014-2015, The Monero Project
+// 
+// All rights reserved.
+// 
+// Redistribution and use in source and binary forms, with or without modification, are
+// permitted provided that the following conditions are met:
+// 
+// 1. Redistributions of source code must retain the above copyright notice, this list of
+//    conditions and the following disclaimer.
+// 
+// 2. Redistributions in binary form must reproduce the above copyright notice, this list
+//    of conditions and the following disclaimer in the documentation and/or other
+//    materials provided with the distribution.
+// 
+// 3. Neither the name of the copyright holder nor the names of its contributors may be
+//    used to endorse or promote products derived from this software without specific
+//    prior written permission.
+// 
+// THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS" AND ANY
+// EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF
+// MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL
+// THE COPYRIGHT HOLDER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL,
+// SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO,
+// PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS
+// INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT,
+// STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF
+// THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
+
+import QtQuick 2.0
+
+Item {
+    id: item
+    property int fillLevel: 0
+    height: 44
+    anchors.margins: 10
+    visible: false
+    //clip: true
+
+    function updateProgress(currentBlock,targetBlock){
+        if(targetBlock > 0) {
+            var progressLevel = ((currentBlock/targetBlock) * 100).toFixed(0);
+            fillLevel = progressLevel
+            console.log("target block: ",progressLevel)
+            progressText.text = qsTr("Synchronizing blocks %1/%2").arg(currentBlock.toFixed(0)).arg(targetBlock.toFixed(0));
+            console.log("Progress text: " + progressText.text);
+
+            // TODO: lower daemon block height cache, ttl and refresh interval?
+
+            item.visible = (currentBlock < targetBlock)
+
+        }
+    }
+
+    Rectangle {
+        id: bar
+        anchors.left: parent.left
+        anchors.right: parent.right
+        anchors.top: parent.top
+        height: 18
+        //radius: 4
+        color: "#FFFFFF"
+
+        Rectangle {
+            id: fillRect
+            anchors.top: parent.top
+            anchors.bottom: parent.bottom
+            anchors.left: parent.left
+            anchors.margins: 2
+            property int maxWidth: parent.width - 4
+            width: (maxWidth * fillLevel) / 100
+
+            color: {
+               if(item.fillLevel < 99) return "#FF6C3C"
+               //if(item.fillLevel < 99) return "#FFE00A"
+                return "#36B25C"
+            }
+
+        }
+    }
+
+    Text {
+        id:progressText
+        anchors.bottom: parent.bottom
+        font.family: "Arial"
+        font.pixelSize: 12
+        color: "#545454"
+        text: qsTr("Synchronizing blocks")
+    }
+
+}
diff --git a/main.qml b/main.qml
index 1a97a5d1..82f5c17f 100644
--- a/main.qml
+++ b/main.qml
@@ -221,6 +221,9 @@ ApplicationWindow {
         if (splash.visible) {
             hideProcessingSplash()
         }
+        var dCurrentBlock = currentWallet.daemonBlockChainHeight();
+        var dTargetBlock = currentWallet.daemonBlockChainTargetHeight();
+        leftPanel.daemonProgress.updateProgress(dCurrentBlock,dTargetBlock);
 
         // Store wallet after first refresh. To prevent broken wallet after a crash
         // TODO: Move this to libwallet?
@@ -231,6 +234,7 @@ ApplicationWindow {
         }
 
         leftPanel.networkStatus.connected = currentWallet.connected
+
         onWalletUpdate();
     }
 
@@ -247,6 +251,7 @@ ApplicationWindow {
     }
 
 
+
     function walletsFound() {
         var wallets = walletManager.findWallets(moneroAccountsDir);
         if (wallets.length === 0) {
diff --git a/qml.qrc b/qml.qrc
index a44266b9..ad47ba44 100644
--- a/qml.qrc
+++ b/qml.qrc
@@ -116,5 +116,6 @@
         <file>lang/flags/italy.png</file>
         <file>components/PasswordDialog.qml</file>
         <file>components/ProcessingSplash.qml</file>
+        <file>components/DaemonProgress.qml</file>
     </qresource>
 </RCC>
diff --git a/src/libwalletqt/Wallet.cpp b/src/libwalletqt/Wallet.cpp
index 4dcf9add..9f0908b9 100644
--- a/src/libwalletqt/Wallet.cpp
+++ b/src/libwalletqt/Wallet.cpp
@@ -157,6 +157,12 @@ quint64 Wallet::daemonBlockChainHeight() const
     return m_daemonBlockChainHeight;
 }
 
+quint64 Wallet::daemonBlockChainTargetHeight() const
+{
+    m_daemonBlockChainTargetHeight = m_walletImpl->daemonBlockChainTargetHeight();
+    return m_daemonBlockChainTargetHeight;
+}
+
 bool Wallet::refresh()
 {
     bool result = m_walletImpl->refresh();
diff --git a/src/libwalletqt/Wallet.h b/src/libwalletqt/Wallet.h
index 1a6459d4..d3ca4085 100644
--- a/src/libwalletqt/Wallet.h
+++ b/src/libwalletqt/Wallet.h
@@ -92,6 +92,9 @@ public:
     //! returns daemon's blockchain height
     Q_INVOKABLE quint64 daemonBlockChainHeight() const;
 
+    //! returns daemon's blockchain target height
+    Q_INVOKABLE quint64 daemonBlockChainTargetHeight() const;
+
     //! refreshes the wallet
     Q_INVOKABLE bool refresh();
 
@@ -162,7 +165,7 @@ private:
     mutable QTime   m_daemonBlockChainHeightTime;
     mutable quint64 m_daemonBlockChainHeight;
     int     m_daemonBlockChainHeightTtl;
-
+    mutable quint64 m_daemonBlockChainTargetHeight;
 };