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I have a doubt on HD wallets, I have generated a sequence of address.

  1. how to check the balance of each address or how we can look for balance.
  2. Did the amount move to the base address as like monero eg. the funds once send to the integrated address it will move the base address.
  3. How to restore the wallet.

Thanks in advance.

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  • did you find any answer for below question -Then how exchange are moving funds if they are using HD wallets. They manual move all the funds to cold storage. If they manual, how they can bare the transaction fee. –
    – Neeraj Sharma
    Commented Aug 23, 2022 at 10:42

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How to check the balance of each address or how we can look for balance?

You will have to scan the blockchain and find the UTXOs that are locked with your addresses in the locking script. You can either do that by running a full node by downloading and verifying the blockchain yourself, or run a Simplified Payment Verification (SPV) node and query other nodes using bloom filters. You can also use Electrum and import the addresses to create a watch-only wallet.

Did the amount move to the base address as like monero eg. the funds once send to the integrated address it will move the base address?

There is no funds "moving" to base addresses. Only the private key that can unlock the UTXO will be able to spend the bitcoins. Generally, when you import your HD seed into any standard wallet, it will start generating child keys and scan the blockchain to see if there are any UTXOs that can be controlled by these child keys.

How to restore the wallet?

Just backup the mnemonic or the seed that was used to generate the child keys and addresses. Any standard wallet will be able to generate addresses if you have the seed.

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  • for second, how it can be achieved.
    – Sarath Kumar
    Commented Mar 22, 2019 at 14:34
  • @Sarath - you mean SPV node or Electrum wallet?
    – Ugam Kamat
    Commented Mar 22, 2019 at 16:33
  • -Then how exchange are moving funds if they are using HD wallets. They manual move all the funds to cold storage. If they manual, how they can bare the transaction fee.
    – Sarath Kumar
    Commented Mar 23, 2019 at 13:31
  • '''when you import your HD seed into any standard wallet, it will start generating child keys and scan the blockchain to see if there are any UTXOs that can be controlled by these child keys''' does this men, when a seed is provided , the wallet will start deriving child addresses, and start crawling blockchain to see if any of the transaction is intendent to that address?
    – Parishilan Rayamajhi
    Commented Apr 20, 2019 at 10:06
  • @cryptoKTM If it is a full node, it already has the UTXO database so it can directly query the UTXO set. So the full node will generate the child addresses and query this UTXO set. If it is a SPV node, it would query information from connected full nodes using bloom filters,
    – Ugam Kamat
    Commented Apr 20, 2019 at 11:01

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