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Would someone please explain the differences more ?

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You are using a light wallet client. The light wallet client connects to a server which runs a full node. In order to make synching your wallet faster you can choose to only partially download the blockchain and the memos you sent and recieved. If you choose this option your txids and your ip address will be known to the full node server. The other 2 options do not link your ip and txids to the server which runs the full node. Thats how I understand it.

Aliasman- Автор вопроса

Nighthawk is also a light wallet client. They both provide the same level of privacy on the blockchain level. This is network level privacy.

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