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Author Topic: Problem with Watch-only wallet and bitcoin address  (Read 218 times)
Fellane (OP)
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September 21, 2019, 11:28:13 PM
 #1

Problem with Watch-only wallet and bitcoin address

I created a seed phrase with 12 words via iancoleman website(oflline). Then, i scrolled down to address number 228 and sent there 10000 sats. Then, i installed sentinel application to test how watch only wallets work. And i Imported my extended public key into this application. But i didn't see any funds. What is interesting, 1st, 2nd, 3rd ... addresses that sentinel showed me were the same, that iancoleman website shows.

Then, i've imported my seed phrase in electrum and there were no funds available. But addresses were the same, that iancoleman website shows me. I mean the first 20 addresses, that electrum shows me. They are the same, that iancoleman website shows me. But there is no funds available.

I checked it multiple times. The funds went exactly where i sent them. I dont get why electrum doesn't show me any funds where i import my seed phrase. Address where i sent my funds is derivated from this seed phrase. But electrum and other wallets show me 0 balance.

Where is the 10000 sats?? Cheesy

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 22, 2019, 12:14:01 AM
Merited by Artemis3 (1)
 #2

I created a seed phrase with 12 words via iancoleman website(oflline). Then, i scrolled down to address number 228 and sent there 10000 sats.

Why the hell did you scrolled down to address 228?
Electrum and most wallets only search until a determined address. Your software probably searched until 50th or something like that, and as the balance were all zero it stopped checking.

Did you know that there are billions addresses derived from your xpub, and Electrum will certainly not look for balance in all of them.


Did you check in a block explorer if your balance is there?
Probably the best way is to manually add the public address of your 228th address to Electrum, so it will force electrum to look for that specific address balance

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Fellane (OP)
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September 22, 2019, 12:20:19 AM
 #3

I created a seed phrase with 12 words via iancoleman website(oflline). Then, i scrolled down to address number 228 and sent there 10000 sats.

Why the hell did you scrolled down to address 228?
Electrum and most wallets only search until a determined address. Your software probably searched until 50th or something like that, and as the balance were all zero it stopped checking.

Did you know that there are billions addresses derived from your xpub, and Electrum will certainly not look for balance in all of them.


Did you check in a block explorer if your balance is there?
Probably the best way is to manually add the public address of your 228th address to Electrum, so it will force electrum to look for that specific address balance.

Yeah, I already figured it out. Thanks for your help anyway.

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September 22, 2019, 03:00:30 AM
Merited by bitmover (1), o_e_l_e_o (1)
 #4

wallets are simply computer programs, they can't read minds Wink
so when you give them a master key, they don't make any assumptions, instead they start deriving a fixed number of keys (usually less than 15) then check them to see if they were ever used. if they weren't then assumption is that the key is brand new. so your 228th key goes unnoticed. if they were used they start deriving more keys (16th+) and check them until they reach unused keys and stop.

so to get your 228th key you have to explicitly tell your wallet to check that. usually this is done by telling the wallet to derive all 228 keys (eg. using gap limit variable in Electrum). but you have to know that you are increasing your wallet file size that way and put a burden on servers which you connect to and keep checking for balance of these addresses for no reason.

ps. try using TestNet for testing these things. that way it won't cost you anything and you also don't spam bitcoin network. Electrum wallet supports TestNet.

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September 22, 2019, 01:47:54 PM
 #5

Go to "View" -> "Show Console". In the console tab enter the following to see your current gap limit (default is 20):
Code:
wallet.gap_limit
To increase the gap limit to include your 228th address, enter the following:
Code:
wallet.change_gap_limit(228)
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October 16, 2019, 01:45:05 PM
 #6

I think you should stop with your experiment. Instead of sending your coins to a 3 digit number why not send it to a double number or single number. The software has limitations and when it search several times it will stop and it will not reach and search on the 3 digit number (228). Also it is very impractical to use such address in that number since it will give you a burden of finding it. The moment you forgot what number did you send your coins then you will have a hard time looking for it and also you will experience some lag since the filesize will expand.

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October 16, 2019, 01:53:07 PM
 #7

I think you should stop with your experiment. Instead of sending your coins to a 3 digit number why not send it to a double number or single number. The software has limitations and when it search several times it will stop and it will not reach and search on the 3 digit number (228). Also it is very impractical to use such address in that number since it will give you a burden of finding it. The moment you forgot what number did you send your coins then you will have a hard time looking for it and also you will experience some lag since the filesize will expand.
OP must be too cautious or maybe out of his mind. Scrolling up to 228 wallet address to assure safety of his funds without knowing the limitation of the wallet. The wallet wong be able to locate it uless he set the wallet itself to locate the address he have chosen. He must be sick.

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October 16, 2019, 04:21:14 PM
 #8

ps. try using TestNet for testing these things. that way it won't cost you anything and you also don't spam bitcoin network. Electrum wallet supports TestNet.

OP wanna try things even out if his control. Even though that cost him, it seems he got the answer he's looking for.
Though now I wonder what's with the 228th address and why he picked that? Hahaha!

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October 16, 2019, 07:14:37 PM
 #9

OP, can you lock the thread please? Seems the Cryptotalk spammers have arrived to just repeat what has already been said.
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