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"map_content": "Really great questions! The short answer is yes and yes. It's just a different way to think about everything. As far as cold storage, it might be helpful for others reading this to understand xpub in terms of ledger hardware. The xpub in Ledger hardware is what's used in the Ledger Live software, so you can, as you put it, \"monitor your coins\" without exposing any private key. But the xpub lives in that tree structure, which we don't have anymore in the BRC-42/43 world. \r\n\r\nAs I understand it, Overlays are what will be doing the \"watching\" in the new world.They are designed to track UTXOs by context so watch-only is natural.",
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