Hi Guys
Just a quick question please. I did do a post before regarding getting my funds using a seed phrase in Blockchain, but it did not work as it was an imported wallet and watching only. Until the outcome of me being able to use my funds, can you tell me if i can lock a watching wallet that is in my account? This would be just to stop somebody else from being able to withdraw from the wallet?
Regards
Andy
Some things don't add up... If you have a seed phrase, by defenition you're not talking about a watch only wallet... If you have a seed phrase, and know the derivation path, you should be able to restore the wallet itself (you can caculate the xprv, from which all private keys => public keys => addresses can be derived).
A watch only wallet is usually created by just entering the bitcoin address. If the only thing you have is the address, but you have no access to the private key nor the seed phrase, there is nothing you can do to secure your wallet.
Truth be told, there is no real way of "locking" a wallet. Sure, a web wallet provider like blockchain.info can block access to a certain wallet, but if a stranger gets their hands on your private key(s) or seed phrase, he can just import those into bitcoin core or electrum and spend all your unspent outputs, even if blockchain.info blocked access to this specific wallet.