Can I “duplicate” a pockets utilizing a backup phrase (12 phrases)?


Can I “duplicate” a pockets utilizing a backup phrase (12 phrases)?


The place is my stability saved?

Each wallets will scan the related elements of the general public transaction-journal (“blockchain”) so as to add up the amount of cash managed by the keys derived out of your backup phrase – this complete is your stability.

Wallets are very more likely to retailer this complete regionally, as a comfort, so they do not need to re-scan the blockchain and add up the whole over again each time the pockets is opened. Precisely the place and the way this quantity is saved is more likely to range relying on the software program used. The storage of this complete is of no actual consequence.

if I ship from (A) to a buddy’s pockets (Z), would my decreased stability additionally present on (B)?

Sure, each wallets will find out about new confirmed transactions that have an effect on your stability.

Pockets A would possibly present the transaction quantity as pending till it receives a affirmation, a affirmation is only a new block showing within the public transaction journal that both incorporates the transaction in query or which builds on high of such a block. Pockets B learns in regards to the affirmation in the identical manner and can equally discover that the block incorporates a transaction that impacts an quantity related to an handle derived out of your backup phrase. The mechanism is similar for each wallets, Pockets A has no particular privileges.

To elaborate just a little:

As Murch famous in a remark, pockets A would possibly have some further info that doesnt get transmitted to pockets B. That is info which is not transmitted to the remainder of the Bitcoin community and which has no impact on validation of a transaction or on the mining course of by which funds are thought-about to be confirmed. One instance is for those who select so as to add a memo “cost for brand new trinket” to the transaction, this memo shouldn’t be transmitted to anybody else and so shouldn’t be recognized to Pockets B (or anybody else). It’s also misplaced for those who destroy pockets A and re-create it (e.g. by deleting an app and related knowledge after which reinstalling the app and utilizing the outdated backup phrase). In case your pockets A lets you organise transactions into accounts, pockets B would not mechanically find out about these accounts. Equally, if pockets A is a Lightning-capable pockets, Pockets B would not usually know in regards to the lightning transactions that Pockets A made, solely in regards to the closing on-chain settlements made e.g. when a lightning channel is closed.

Nevertheless Pockets B ought to nonetheless usually present that very same complete as Pockets A for complete quantity of Bitcoins that the fundamental Bitcoin community and it is public replicated transaction-journal (“blockchain”) think about to be managed by personal keys that are in your wallets A and B.

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