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:

1. Create watch-only wallet

2. Enter viewing key or address

3. Wallet syncs

4. 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.