Dear long-term holders, how do you deal with the Watch-Only Wallet problem?
Hi everyone, I’m a newcomer to Bitcoin and recently set up my own cold wallet. Now I’m looking for a safe way to check my wallet balance on my phone. After doing some research and asking GPT, it recommended importing my XPUB into BlueWallet. But I’m concerned about two risks: The XPUB might be exposed and leak my privacy. If quantum computers become powerful enough in the future, and can derive private keys from public keys, then all my wallet addresses derived from the XPUB could be at risk. Because of that, I prefer not to use XPUB. GPT then gave me two alternative solutions: Use a new address for every deposit, and manually add each one to my watch-only wallet. Offline, pre-generate 1,000 addresses from my XPUB and import those addresses to my phone wallet for balance tracking. But my question is: How do you solve the Watch-Only Wallet problem? Exporting addresses from XPUB in advance still feels inconvenient and hard to manage. Also, BlueWallet doesn’t support bulk address import, so I wonder — is this problem just too niche? Thanks in advance for sharing your setups or strategies! submitted by /u/Lucky_Camera8622 [link] [comments]
Hi everyone, I’m a newcomer to Bitcoin and recently set up my own cold wallet. Now I’m looking for a safe way to check my wallet balance on my phone.
After doing some research and asking GPT, it recommended importing my XPUB into BlueWallet. But I’m concerned about two risks:
- The XPUB might be exposed and leak my privacy.
- If quantum computers become powerful enough in the future, and can derive private keys from public keys, then all my wallet addresses derived from the XPUB could be at risk.
Because of that, I prefer not to use XPUB. GPT then gave me two alternative solutions:
- Use a new address for every deposit, and manually add each one to my watch-only wallet.
- Offline, pre-generate 1,000 addresses from my XPUB and import those addresses to my phone wallet for balance tracking.
But my question is: How do you solve the Watch-Only Wallet problem?
Exporting addresses from XPUB in advance still feels inconvenient and hard to manage. Also, BlueWallet doesn’t support bulk address import, so I wonder — is this problem just too niche?
Thanks in advance for sharing your setups or strategies!
[link] [comments]
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