Watch-Only Mode
Watch-Only Mode in Roru Wallet
Watch-only mode allows you to view balances and transactions without the ability to spend, useful for monitoring and accounting purposes.
Overview
What is Watch-Only Mode?
Features:
View balances
View transactions
Cannot spend
Monitoring only
Use Cases:
Monitoring wallets
Accounting purposes
Viewing balances
Transaction tracking
How It Works
Setup
Creating Watch-Only Wallet:
Create watch-only wallet
Enter viewing key or address
Wallet syncs
Ready to view
Viewing Key:
Derived from wallet
Allows viewing only
Cannot spend
Privacy maintained
Functionality
What You Can Do:
View balances
View transactions
Monitor activity
Track history
What You Cannot Do:
Cannot spend
Cannot send
Read-only access
Viewing only
Use Cases
Monitoring
Account Monitoring:
Monitor multiple wallets
Track balances
View activity
Complete monitoring
Accounting
Financial Tracking:
Track transactions
Balance tracking
Financial records
Accounting purposes
Security
Security Features
Read-Only Access:
Cannot spend
Viewing only
Secure access
Limited access
Privacy:
Privacy maintained
Viewing key only
No spending capability
Privacy preserved
Conclusion
Watch-only mode provides:
Monitoring: View balances and transactions
Accounting: Track financial activity
Security: Read-only access
Privacy: Privacy maintained
Convenience: Easy monitoring
Use watch-only mode for monitoring and accounting while maintaining security and privacy.
Last updated