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Ethereum: Add a Watch-only Wallet in Bitcoind

Adding a wallet only to watch in Bitcoin to OSX/Linux with Bitcoindd

When it comes to managing Bitcoin transactions and property, a safe and controlled environment is crucial. One way to achieve this is the use of a wallet only for a guard, which allows you to control private keys without exposing a public world. In this article, we will explore how to add a wallet only to watch at Bitcoind on OSX/Linux.

Understanding a wallet only for an hour

The wallet only to watch is similar to the ordinary bitcoin wallet, but with some key differences:

  • The owner can still control their private keys and send coins, but have no consumption.

  • There is no history of transactions or records of wallet activities.

  • The owner cannot access your wallet without using the mnemon seed.

Adding a wallet only to watch in Bitcoind

To add a wallet to the Bitcoind only for OSX/Linux, you will need:

  • Install Bitcoind from Source: You can download and compile a bitcoind from the official repository at [ sounder ( Be sure to correctly configure the production process.

  • Select the JSON RPC client library: you will need a library that allows you to connect to the Bitcoin network using a JSON-RPC (Javascript Object Packacks). Some popular options include Bitcoinj 'I Wallethub’. We will use bitcoinj 'for this example.

3 Mnemonic seeds are a series of words that represent private keys used for your wallet.

Step 1: Install and configure Bitcoind

Once you install Bitcoind, make sure it is correctly checking its minutes:

Bash

Bitcoind -Version

`

Configure Bitcoind to use JSON RPC Client Library:

Bash

Bitcoind – -Jsonrpcurl http: // Localhost: 8545

`

Step 2: Generate Mnemon Seed

Generate the mnemon seed usingbitcoinj. You will need to determine the mnemon list of words and the length of the seeds. For example, if you have a standard English language dictionary, you can use it such as:

`Bash

Bitcoinj –seedwordlist /usr/share/mnemononic-wordlists/english-Dictionary.txt -l 25

`

This will create a seed phrase in the JSON format that you will need to return your wallet from the backup or recover it in case of loss.

Step 3: Add a wallet only for an hour

Create a new file calledWallet.jsonwith the following content:

Json

{

“Address”: “0x …”,

“Mnemonikseed”: “…”,

“Privatekey”: “…”,

“Publicky”: “…”

Iche

`

Replace addresses, mnemon seeds, private key and public key with your own values. Themnemonycseed ‘field should match the seed phrase generatedBitcoinj'.

Step 4: Connect to Bitcoin using JSON-Rpc

Connect to Bitcoin Network using JSON-RPC:

Bash

Bitcoind – -Jsonrpcurl http: // Localhost: 8545

`

Once you connect, you can use theWallet.jsonfile as the starting point to create and manage your wallet only for viewing.

Example uses the case

Here's an example of how you can use a new added wallet only to send coins:

Bash

Bitcoind – -Jsonrpcurl http: // Localhost: 8545 wallets/getaddr 0x …

Get address related to the Mnemon Seed

Bitcoind – -Jsonrpcurl http: // Localhost: 8545 wallet/0x …

Return your wallet using a private and public key

``

Following these steps, you can only add a wallet for the Bitcoind watches on the OSX/Linux and begin to safely manage the property of Bitcoin.

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