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Correct. And the watch only app is connected to someone’s node to get balance info and to get the information needed to create transactions for the hww to sign.
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Correct. And the watch only app is connected to someone’s node to get balance info and to get the information needed to create transactions for the hww to sign.
Wrong. Misleading.
Extract the xpub and import it into any watch-only app.
A HW is just a signer only when you want to make payments. That's all.