0.21.1 native descriptor wallet showing incorrect value for `spendable`

[Fonta1n3]

I created a native descriptor wallet using 0.21.1 setting blank to true and private_keys_enabled to false, which the getwalletinfo command confirms.

I import an xpub based descriptor using importdescriptors to add keys to the wallet.

However when I send funds to the wallet and issue the listunspent command the spendable field shows as true.

spendable should only show true if the wallet holds the private keys for that UTXO, this causes my wallet software to think the node is hot when it is not.

[achow101]

This is intentional. Descriptor wallets removes the ability to have a wallet which contains watch only and non-watch only things. Either it is entirely watch only (private keys disabled), or it is not. In both cases, any and all UTXOs tracked by the wallet will be marked as spendable.

[Fonta1n3]

Why is this closed?

From bitcoin-cli help listunspent

"spendable" : true|false,    (boolean) Whether we have the private keys to spend this output

My wallet does not hold private keys so this should be false.

What purpose does the spendable field serve? Seems highly confusing and completely contradicts the docs.

[sipa]

Clearly the documentation needs to be adapted.

[Fonta1n3]

Clearly the documentation needs to be adapted.

I would be very happy to do to update the docs myself and submit a PR if that is ok.

[fanquake]

I would be very happy to do to update the docs myself and submit a PR if that is ok.

Yes that's fine.

[Fonta1n3]

Have submitted PR cheers. #22525

[maflcko]

The docs now say (DEPRECATED) Always true, so I guess this can be closed?