How To Check How Much BTC in each BTC Address in Nano Ledger S Plus?

BlockchainWizard

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Quote from: OmegaStarScream on October 07, 2023, 06:21:36 AM

Quote from: BlockchainWizard on October 07, 2023, 05:27:31 AM

Can someone explain to me the background why ledger splits the BTC to several addresses and does not use one address for all transactions?

Do you mean when receiving the funds? That's for privacy reasons. See this[1] and if you referring to the funds sent to "another address" when you send some BTC, then those are called change addresses which you can also read more about here[2]

[1] https://support.ledger.com/hc/en-us/articles/360034336713-Receiving-address-changed
[2] https://support.ledger.com/hc/en-us/articles/360033802154-Change-addresses-for-UTXO-based-crypto-assets?support=true

That is exactly what I meant. Thank you for your good explanation and the further information. I will look into it more intensively.

o_e_l_e_o

legendary

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Quote from: BlockchainWizard on October 07, 2023, 05:27:31 AM

Can someone explain to me the background why ledger splits the BTC to several addresses and does not use one address for all transactions?

This is not unique to Ledger. Every good wallet will use a new address for each incoming transaction. It makes absolutely no difference to the fees you have to pay whether each UTXO you receive is on the same address or on different addresses, and using different addresses is better for privacy. I don't want a colleague to pay me $5 for a coffee I bought them to the same address I hold every single satoshi I own and therefore reveal to them my entire holdings.

OmegaStarScream

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Quote from: BlockchainWizard on October 07, 2023, 05:27:31 AM

Can someone explain to me the background why ledger splits the BTC to several addresses and does not use one address for all transactions?

Do you mean when receiving the funds? That's for privacy reasons. See this[1] and if you referring to the funds sent to "another address" when you send some BTC, then those are called change addresses which you can also read more about here[2]

[1] https://support.ledger.com/hc/en-us/articles/360034336713-Receiving-address-changed
[2] https://support.ledger.com/hc/en-us/articles/360033802154-Change-addresses-for-UTXO-based-crypto-assets?support=true

BlockchainWizard

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Activity: 46

Merit: 89

Can someone explain to me the background why ledger splits the BTC to several addresses and does not use one address for all transactions?

hosseinimr93

legendary

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Quote from: OmegaStarScream on August 29, 2023, 02:42:18 AM

I don't know if there are block explorers that support that

The only block explorer I know is blockchain.com which allows you to see your transaction history and balance with a master public key using the following URL.
Of course, that's not much helpful, as it doesn't work if you have a ypub or zpub.

Code:

https://www.blockchain.com/btc/xpub/xpub...........................

jerry0, with using your master public key for seeing your balance, you may harm your privacy.

Bitcoin Smith

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Quote from: jerry0 on August 29, 2023, 02:59:23 AM

Do you know that website that I am talking about? Is it blockchair or something similar? I recall it wasn't blockchain but a very similar site. But when I check blockchair now, it doesn't seem to look the same?

You can try the explorers from the list[1] to find if that website that you are looking for.

1.List of useful Bitcoin block explorers

As far as I recall, every explorer's will says the search as invalid if I enter more than one address.

OmegaStarScream

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Quote from: jerry0 on August 29, 2023, 02:59:23 AM

-snip-

I'm not sure I understand your request anymore. If your goal is to keep an eye on your wallet's balance at all times even when you don't have access to your device, then follow what I said in my previous post. If you want to see your balance in Ledger Live, then their desktop app already shows that. Doesn't it?

Charles-Tim

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Quote from: jerry0 on August 29, 2023, 02:41:10 AM

However, how would you know how many total btc addresses you have BTC in? For example someone could have 1 btc and that 1 btc could be in 30 different btc addresses on their nano ledger s plus?

You can import the master public key on Electrum.

To do that, click on standard wallet-> use a master key -> paste your master public key -> set your password.

To see the addresses that are funded. Click on 'view' on the GUI -> check (✔️) coins. Coins will appear on the GUI, click on coins and you will see your funded addresses.

You can also use other coin control wallet like Sparrow and Bluewallet for it.

Do not import your seed phrase or master private key. Import your master public key which will start from xpub, ypub or zpub. It is a watch-only wallet and you will not be able to use the wallet to spend your coins.

jerry0

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Okay I didn't know about that but that seems a bit complicated. But is that the recommended way though? I did recall back then I went to my recent btc receiving transactions in ledger live and then entered several btc addresses and it would show the current btc balance and history. But I don't recall how many btc addresses I had to tally up and add though.

Do you know that website that I am talking about? Is it blockchair or something similar? I recall it wasn't blockchain but a very similar site. But when I check blockchair now, it doesn't seem to look the same?

I know the other method is you could use electrum with nano ledger but I want to stick with ledger live as I'm used to it.

OmegaStarScream

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You could use your master public key for that. I don't know if there are block explorers that support that (nor would I recommend doing that), but if you want to keep an eye on your Ledger's balance at all times, grab[1] your Master public key and import it to your Bluewallet (mobile app).

[1] https://support.ledger.com/hc/en-us/articles/360011069619-Extended-public-key-xPub-

jerry0

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I recall the way you did it with ledger live back then was go to your transaction history and then go to all your receiving btc transactions and then copy and paste the btc address into a website and then it would show the current btc balance. You would then add the balances of each address to get your total btc current balance. It would also show all previous transactions with the address.

However, how would you know how many total btc addresses you have BTC in? For example someone could have 1 btc and that 1 btc could be in 30 different btc addresses on their nano ledger s plus? Do you just go and check the receiving address every single time you received btc even if it was say 0.0001 btc because that 0.0001 btc could actually be 0.1 btc?

Does anyone know what is the name of this website I am talking about? I thought it was blockchair for some reason but not sure if that is the website now because the website I use to use doesn't look like this now? I recall you could copy and paste the btc address or transaction id and then it would give output and history etc. What is the name of this website?

Topic: How To Check How Much BTC in each BTC Address in Nano Ledger S Plus? (Read 144 times)