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I am a little foggy about the Watching Wallet copy in Armory. I have received BTC in my Watching only wallet. Is there anything that I need to do now to get those to the Cold Storage Wallet or is the Cold storage Wallet only needed to sign Spending transactions. If so then in that Case I assume that the accurate balance in the Cold Wallet does not need to be reflected as it is only used for spending?

Thanks

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No, you don't need to do anything.

If so then in that Case I assume that the accurate balance in the Cold Wallet does not need to be reflected as it is only used for spending?

Correct. Without a means to gain knowledge about received money, the cold storage wallet can't update its balance. But it holds the private keys required to spend the money it received. The watch-only wallet can be used to check the balance without it having the ability to spend any money.

  • Thank you so much for answering. I was beginning to think that noone would after 11 views. – FunnyGirl Mar 18 '17 at 16:01

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