Term
Watch-Only Wallet
A wallet that can view balances and transactions but cannot spend funds because it lacks private keys.
Type:
wallet
security
1
definition
A watch-only wallet imports public information (addresses, xpubs, or view keys) to monitor balances and activity. It cannot sign transactions because it does not hold the corresponding private keys.
Example 1.1
"They track their cold storage using a watch-only wallet on their phone, keeping the spend keys offline on a hardware wallet."
Related Terms
Wallet
→A tool that stores private keys and allows users to interact with blockchain networks.
security
basics
View Key
→A key that lets someone view your transactions or balances without spending authority.
privacy
wallet
Self-Custody
→Controlling your own private keys rather than relying on a third party.
wallet
security
All terms and definitions may update as the Cryptionary improves.
