diff --git a/lib/blockchain/chaindb.js b/lib/blockchain/chaindb.js
index b74fa448..cdfd56ca 100644
--- a/lib/blockchain/chaindb.js
+++ b/lib/blockchain/chaindb.js
@@ -1700,14 +1700,35 @@ ChainDB.prototype.connectBlock = co(function* connectBlock(block, view) {
   if (this.options.spv)
     return;
 
-  this.pending.connect(block, view);
+  this.pending.connect(block);
 
   // Genesis block's coinbase is unspendable.
   if (this.chain.isGenesis(block))
     return;
 
-  // Index transactions if enabled.
-  this.indexBlock(block.txs);
+  for (i = 0; i < block.txs.length; i++) {
+    tx = block.txs[i];
+
+    if (i > 0) {
+      for (j = 0; j < tx.inputs.length; j++) {
+        input = tx.inputs[j];
+        assert(input.coin);
+        this.pending.spend(input.coin);
+      }
+    }
+
+    for (j = 0; j < tx.outputs.length; j++) {
+      output = tx.outputs[j];
+
+      if (output.script.isUnspendable())
+        continue;
+
+      this.pending.add(output);
+    }
+
+    // Index the transaction if enabled.
+    this.indexTX(tx);
+  }
 
   // Commit new coin state.
   this.saveView(view);
@@ -1733,14 +1754,24 @@ ChainDB.prototype.disconnectBlock = co(function* disconnectBlock(block) {
 
   view = yield this.getUndoView(block);
 
+  this.pending.disconnect(block);
+
   for (i = block.txs.length - 1; i >= 0; i--) {
     tx = block.txs[i];
     hash = tx.hash('hex');
 
+    if (i > 0) {
+      for (j = 0; j < tx.inputs.length; j++) {
+        input = tx.inputs[j];
+        assert(input.coin);
+        this.pending.add(input.coin);
+      }
+    }
+
     // Add all of the coins we are about to
     // remove. This is to ensure they appear
     // in the view array below.
-    view.add(Coins.fromTX(tx));
+    view.addTX(tx);
 
     for (j = 0; j < tx.outputs.length; j++) {
       output = tx.outputs[j];
@@ -1750,14 +1781,14 @@ ChainDB.prototype.disconnectBlock = co(function* disconnectBlock(block) {
 
       // Spend added coin.
       view.spend(hash, j);
+
+      this.pending.spend(output);
     }
 
     // Remove from transaction index.
     this.unindexTX(tx);
   }
 
-  this.pending.disconnect(block, view);
-
   // Commit new coin state.
   this.saveView(view);
 
@@ -1805,24 +1836,6 @@ ChainDB.prototype.saveOptions = function saveOptions() {
   return this.db.put(layout.O, this.options.toRaw());
 };
 
-/**
- * Index transactions by txid and address.
- * @private
- * @param {TX[]} txs
- */
-
-ChainDB.prototype.indexBlock = function indexBlock(txs) {
-  var i, tx;
-
-  if (!this.options.indexTX && !this.options.indexAddress)
-    return;
-
-  for (i = 0; i < block.txs.length; i++) {
-    tx = block.txs[i];
-    this.indexTX(tx);
-  }
-};
-
 /**
  * Index a transaction by txid and address.
  * @private
@@ -2101,16 +2114,22 @@ ChainState.prototype.clone = function clone() {
   return state;
 };
 
-ChainState.prototype.connect = function connect(block, view) {
+ChainState.prototype.connect = function connect(block) {
   this.tx += block.txs.length;
-  this.coin += view.coinDelta;
-  this.value += view.valueDelta;
 };
 
-ChainState.prototype.disconnect = function connect(block, view) {
+ChainState.prototype.disconnect = function connect(block) {
   this.tx -= block.txs.length;
-  this.coin += view.coinDelta;
-  this.value += view.valueDelta;
+};
+
+ChainState.prototype.add = function add(coin) {
+  this.coin++;
+  this.value += coin.value;
+};
+
+ChainState.prototype.spend = function spend(coin) {
+  this.coin--;
+  this.value -= coin.value;
 };
 
 ChainState.prototype.commit = function commit(hash) {
diff --git a/lib/blockchain/coinview.js b/lib/blockchain/coinview.js
index c736f2d7..b2a6540e 100644
--- a/lib/blockchain/coinview.js
+++ b/lib/blockchain/coinview.js
@@ -23,8 +23,6 @@ function CoinView(coins) {
 
   this.coins = coins || {};
   this.undo = new UndoCoins();
-  this.coinDelta = 0;
-  this.valueDelta = 0;
 }
 
 /**
@@ -42,21 +40,7 @@ CoinView.prototype.add = function add(coins) {
  */
 
 CoinView.prototype.addTX = function addTX(tx) {
-  var coins = Coins.fromTX(tx);
-  var i, entry;
-
-  this.coinDelta += coins.outputs.length;
-
-  for (i = 0; i < coins.outputs.length; i++) {
-    entry = coins.outputs[i];
-
-    if (!entry)
-      continue;
-
-    this.valueDelta += entry.output.value;
-  }
-
-  this.add(coins);
+  this.add(Coins.fromTX(tx));
 };
 
 /**
@@ -106,7 +90,7 @@ CoinView.prototype.has = function has(hash, index) {
 
 CoinView.prototype.spend = function spend(hash, index) {
   var coins = this.coins[hash];
-  var entry, undo, coin;
+  var entry, undo;
 
   if (!coins)
     return;
@@ -125,12 +109,7 @@ CoinView.prototype.spend = function spend(hash, index) {
     undo.version = coins.version;
   }
 
-  coin = entry.toCoin(coins, index);
-
-  this.coinDelta -= 1;
-  this.valueDelta -= coin.value;
-
-  return coin;
+  return entry.toCoin(coins, index);
 };
 
 /**
diff --git a/lib/blockchain/undocoins.js b/lib/blockchain/undocoins.js
index ea795a89..1a5c1b76 100644
--- a/lib/blockchain/undocoins.js
+++ b/lib/blockchain/undocoins.js
@@ -117,7 +117,7 @@ UndoCoins.prototype.apply = function apply(i, view, outpoint) {
   var undo = this.items[i];
   var hash = outpoint.hash;
   var index = outpoint.index;
-  var coins, coin;
+  var coins;
 
   assert(undo);
 
@@ -137,13 +137,7 @@ UndoCoins.prototype.apply = function apply(i, view, outpoint) {
 
   coins.add(index, undo.toOutput());
 
-  coin = coins.getCoin(index);
-  assert(coin);
-
-  view.coinDelta += 1;
-  view.valueDelta += coin.value;
-
-  return coin;
+  return coins.getCoin(index);
 };
 
 /**