State Sync allows to sync a new node by fetching a snapshot of the network state at a recent height, instead of fetching and replaying all historical blocks.
Some networks which use wasm may not yet support wasm folder transfers with State Sync. In this case you may need to download wasm folder separately.
Depending on network, State Sync may need different amount of RAM to successfully fish sync process. It is recommended to have at least 8GB RAM.