While Pangya is "abandonware" in many regions, these server files are community-made and not officially sanctioned. Most users utilize them strictly for nostalgia and preservation purposes to play solo on their own hardware. step-by-step guide
The Client: This is the game itself. Patched clients usually have a modified "Pangya.exe" or a custom launcher that redirects the game’s login heartbeat to "127.0.0.1" (your local machine) instead of the defunct official servers.
Realistically, because no one is selling Pangya anymore (the Steam version was delisted in 2016), there is no financial victim in bypassing the patch. However, the technical hurdle is now a barrier to entry that may kill the game for good.