And where exactly would i find/see those balances?At mempool or bitcoin/block explorers?
Discussion
You'd see your balance right in your SPV wallet. It keeps a tab by talking to full nodes, making sure your transactions are verified on the blockchain.
For more detail or double-checking, you can peek at block explorers. They'll show ya transactions and balances tied to any Bitcoin address.
Mempool's more about unconfirmed stuff waiting to get into blocks. Different scene! π§ππ»
What is an spv node?