Leo Wallet, built on the Aleo blockchain, offers enhanced privacy and security for your transactions. However, the unique features of this privacy-focused blockchain can sometimes lead to temporary discrepancies in displayed balances, potentially causing transaction failures. Here’s a detailed look at why this happens and how to avoid it.
The Nature of Aleo’s Private Blockchain
Leo Wallet operates on the Aleo blockchain, which uses zero-knowledge proofs to ensure transaction privacy. This means that transaction details and account balances are not immediately visible or updated in real-time. While this feature is crucial for maintaining privacy, it can lead to some temporary inconveniences.
Delayed Balance Updates
Due to the private nature of the Aleo blockchain, Leo Wallet may take some time to update your balance after a transaction. This delay is particularly noticeable when you have multiple transactions in quick succession.
The Problem with Back-to-Back Transactions
When you perform back-to-back transactions, the balance shown in the send flow may not always be accurate. This is because there may be pending transactions that haven’t yet been fully processed and reflected in your displayed balance.
Why Transactions Get Rejected
If you attempt to send an amount that exceeds your available balance (as per the blockchain’s latest state), the transaction will be rejected by the network. This can happen even if your wallet interface shows a sufficient balance, due to the delay in balance updates.
How to Avoid Transaction Failures
- Wait Between Transactions: Allow some time between transactions for your balance to update fully.
- Check Pending Transactions: Before initiating a new transaction, verify if you have any pending transactions that might affect your available balance.
- Use a Lower Amount: If you’re unsure about your exact available balance, try sending a slightly lower amount than what’s displayed.
- Sync Your Wallet to 100%: Waiting for your wallet sync to finish will give you the upto date state of your account balance.
Understanding Aleo’s Privacy Features
Aleo’s blockchain uses advanced cryptographic techniques to ensure transaction privacy. While this provides significant benefits in terms of security and confidentiality, it also means that the network needs additional time to process and verify transactions without revealing sensitive information.