Synced Wallet Balance Different From Explorer Balance

  • why is the balance in the explorer a small amount of QTUM less than what getbalance in the cli shows me?

    the difference in balance is exactly the amount I sent out 1 month ago, which shows in the explorer.

    if it shows in the explorer, and my wallet is not behind, why does the wallet in the cli show a different balance?

  • Hey gaia, many new people encounter this issue (I did). When you send QTUM with the wallet, the wallet has to send the entire amount of a previous transaction (using the Unspent Transaction Output model) and then receives change back on a new "change" address that the wallet supplies (although you can override this default behavior). You could think of it as if you were buying a coffee for 3.0, gave the coffee shop a 10.0 note, and got back 7.0 in change. But the 7.0 change comes back to a new address, the "change" address. The wallet correctly sums the balance for all the addresses it knows about, but the Explorer can only show the balance for one address at a time. If you look at your original transaction on the Explorer, you can see the address used to send the change back. Does this help?

  • I understand the UTXO model, thanks!

    What happened is maybe the UBC verification mechanism refunds the amount you sent them to prove you own the wallet, minus the TX fee?

Log in to reply