Replying to Avatar The Beave

To check the balance.

The private key never sees the internet, but you can confirm transactions sent to the address you are monitoring.

You don't send coins to wallets. I kinda hate how confusing that terminology is and it's the biggest misstep that BTC has going for it.

When you "send" BTC to a "wallet" you are simply signing a transaction that gets annotated and then confirmed on the blockchain that says that xxx address is correct signatory for yyy amount of BTC.

The watch only "wallet" is basically like a temperature display. You've got a temp sensor that the display reads. The display cannot change the temperature outside. I hope I'm explaining that well.

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Maria2000 1y ago

Thank you for that explanation, it clears up some stuff for me.

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The Beave 1y ago

You're very welcome. I'm still new to things like this and I just learned that myself.

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