diff --git a/lib/bcoin/chain.js b/lib/bcoin/chain.js
index da3f5fac..ef1dbd27 100644
--- a/lib/bcoin/chain.js
+++ b/lib/bcoin/chain.js
@@ -30,7 +30,7 @@ function Chain(node, options) {
   this.options = options;
 
   this.node = node;
-  this.loading = false;
+  this.loaded = false;
   this.mempool = node.mempool;
   this.db = new bcoin.chaindb(this, options);
   this.busy = false;
@@ -145,8 +145,6 @@ Chain.prototype._init = function _init() {
     self.emit('remove block', block);
   });
 
-  this.loading = true;
-
   utils.debug('Chain is loading.');
 
   self._preload(function(err, start) {
@@ -155,26 +153,33 @@ Chain.prototype._init = function _init() {
       utils.debug('Reason: %s', err.message);
     }
 
-    self.db.load(function(err) {
+    self.db.open(function(err) {
       if (err)
-        throw err;
+        return self.emit('error', err);
 
       self.db.getTip(function(err, tip) {
         if (err)
-          throw err;
+          return self.emit('error', err);
 
         assert(tip);
 
         self.tip = tip;
         self.height = tip.height;
 
-        self.loading = false;
+        self.loaded = true;
         self.emit('load');
       });
     });
   });
 };
 
+Chain.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
+};
+
 Chain.prototype._lock = function _lock(func, args, force) {
   var self = this;
   var block, called;
@@ -957,7 +962,7 @@ Chain.prototype.add = function add(initial, peer, callback, force) {
   var self = this;
   var total = 0;
 
-  assert(!this.loading);
+  assert(this.loaded);
 
   var unlock = this._lock(add, [initial, peer, callback], force);
   if (!unlock)
diff --git a/lib/bcoin/chaindb.js b/lib/bcoin/chaindb.js
index a1df36bb..c2fb1bc7 100644
--- a/lib/bcoin/chaindb.js
+++ b/lib/bcoin/chaindb.js
@@ -35,7 +35,6 @@ function ChainDB(chain, options) {
   this.queueSize = 0;
   this.size = 0;
   this.fd = null;
-  this.loading = false;
   this.loaded = false;
   this.fsync = !!options.fsync;
 
@@ -67,67 +66,73 @@ function ChainDB(chain, options) {
 utils.inherits(ChainDB, EventEmitter);
 
 ChainDB.prototype._init = function _init() {
+  var self = this;
+  var genesis, block;
+
+  if (this.loaded)
+    return;
+
   this.db = bcoin.ldb((this.options.spv ? 'spv' : '') + 'chain', {
     compression: false,
     cacheSize: 16 * 1024 * 1024,
     writeBufferSize: 8 * 1024 * 1024
   });
+
   if (!bcoin.isBrowser) {
     //var DataStore = require('./data' + 'store');
     //this.db = new DataStore(this.db);
   }
-};
-
-ChainDB.prototype.load = function load(callback) {
-  var self = this;
-  var genesis, block;
-
-  if (this.loaded)
-    return callback();
-
-  this.loading = true;
 
   utils.debug('Starting chain load.');
 
-  function finish(err) {
+  this.db.open(function(err) {
     if (err)
-      return callback(err);
+      return self.emit('error', err);
 
-    self.loading = false;
-    self.loaded = true;
-    self.emit('load');
+    function finish(err) {
+      if (err)
+        return self.emit('error', err);
 
-    utils.debug('Chain successfully loaded.');
+      self.loaded = true;
+      self.emit('load');
 
-    callback();
-  }
+      utils.debug('Chain successfully loaded.');
+    }
 
-  this.db.get('c/b/' + network.genesis.hash, function(err, exists) {
-    if (err && err.type !== 'NotFoundError')
-      throw err;
+    self.db.get('c/b/' + network.genesis.hash, function(err, exists) {
+      if (err && err.type !== 'NotFoundError')
+        return self.emit('error', err);
 
-    if (exists)
-      return finish();
+      if (exists)
+        return finish();
 
-    genesis = new bcoin.chainblock(self.chain, {
-      hash: network.genesis.hash,
-      version: network.genesis.version,
-      prevBlock: network.genesis.prevBlock,
-      merkleRoot: network.genesis.merkleRoot,
-      ts: network.genesis.ts,
-      bits: network.genesis.bits,
-      nonce: network.genesis.nonce,
-      height: 0,
-      chainwork: null
-    }, null);
+      genesis = new bcoin.chainblock(self.chain, {
+        hash: network.genesis.hash,
+        version: network.genesis.version,
+        prevBlock: network.genesis.prevBlock,
+        merkleRoot: network.genesis.merkleRoot,
+        ts: network.genesis.ts,
+        bits: network.genesis.bits,
+        nonce: network.genesis.nonce,
+        height: 0,
+        chainwork: null
+      }, null);
 
-    block = bcoin.block.fromRaw(network.genesisBlock, 'hex');
-    block.height = 0;
+      block = bcoin.block.fromRaw(network.genesisBlock, 'hex');
+      block.height = 0;
 
-    self.save(genesis, block, finish);
+      self.save(genesis, block, finish);
+    });
   });
 };
 
+ChainDB.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
+};
+
 ChainDB.prototype.close = function close(callback) {
   callback = utils.ensure(callback);
   this.db.close(callback);
@@ -210,6 +215,7 @@ ChainDB.prototype.getHash = function getHash(height, callback) {
 ChainDB.prototype.dump = function dump(callback) {
   var records = {};
 
+  return callback();
   var iter = this.db.db.iterator({
     gte: 'c',
     lte: 'c~',
@@ -834,6 +840,8 @@ ChainDB.prototype.getCoinsByAddress = function getCoinsByAddress(addresses, opti
   var ids = [];
   var coins = [];
 
+  return callback(null, coins);
+
   if (!callback) {
     callback = options;
     options = {};
@@ -931,6 +939,8 @@ ChainDB.prototype.getTXByAddress = function getTXByAddress(addresses, options, c
   var txs = [];
   var have = {};
 
+  return callback(null, txs);
+
   if (!callback) {
     callback = options;
     options = {};
@@ -1220,6 +1230,8 @@ ChainDB.prototype._getTX = function _getTX(hash, callback) {
 // For BIP30
 // https://bitcointalk.org/index.php?topic=67738.0
 ChainDB.prototype.isUnspentTX = function isUnspentTX(hash, callback) {
+  return callback(null, false);
+
   if (this.options.spv)
     return callback(null, false);
   return this.isSpentTX(hash, function(err, spent) {
@@ -1234,6 +1246,8 @@ ChainDB.prototype.isSpentTX = function isSpentTX(hash, callback) {
   if (hash.hash)
     hash = hash.hash('hex');
 
+  return callback(null, false);
+
   var iter = this.db.db.iterator({
     gte: 'u/t/' + hash,
     lte: 'u/t/' + hash + '~',
@@ -1337,6 +1351,7 @@ ChainDB.prototype._pruneQueue = function _pruneQueue(block, batch, callback) {
 };
 
 ChainDB.prototype._pruneCoinQueue = function _pruneQueue(block, batch, callback) {
+  return callback();
   var iter = this.db.db.iterator({
     gte: 'u/q/' + pad32(block.height),
     lte: 'u/q/' + pad32(block.height) + '~',
diff --git a/lib/bcoin/fullnode.js b/lib/bcoin/fullnode.js
index 277ef955..ee45b0d0 100644
--- a/lib/bcoin/fullnode.js
+++ b/lib/bcoin/fullnode.js
@@ -21,7 +21,7 @@ function Fullnode(options) {
 
   bcoin.node.call(this, options);
 
-  this.loading = false;
+  this.loaded = false;
 
   Fullnode.global = this;
 
@@ -32,11 +32,9 @@ utils.inherits(Fullnode, bcoin.node);
 
 Fullnode.prototype._init = function _init() {
   var self = this;
-  var pending = 3;
+  var pending = 5;
   var options;
 
-  this.loading = true;
-
   this.chain = new bcoin.chain(this, {
     preload: false,
     fsync: false,
@@ -68,7 +66,9 @@ Fullnode.prototype._init = function _init() {
   // and blockdb.
   this.http = new bcoin.http.server(this, {
     key: this.options.sslKey,
-    cert: this.options.sslCert
+    cert: this.options.sslCert,
+    port: this.options.httpPort || 8080,
+    host: '0.0.0.0'
   });
 
   // Bind to errors
@@ -121,9 +121,12 @@ Fullnode.prototype._init = function _init() {
   //   self.walletdb.removeBlock(block);
   // });
 
-  function load() {
+  function load(err) {
+    if (err)
+      return self.emit('error', err);
+
     if (!--pending) {
-      self.loading = false;
+      self.loaded = true;
       self.emit('load');
       self.pool.startSync();
       utils.debug('Node is loaded and syncing.');
@@ -136,28 +139,34 @@ Fullnode.prototype._init = function _init() {
   };
 
   // Create or load the primary wallet.
-  this.createWallet(options, function(err, wallet) {
+  this.walletdb.open(function(err) {
     if (err)
-      throw err;
+      return self.emit('error', err);
 
-    // Set the miner payout address if the
-    // programmer didn't pass one in.
-    if (!self.miner.address)
-      self.miner.address = wallet.getAddress();
+    self.createWallet(options, function(err, wallet) {
+      if (err)
+        throw err;
 
-    load();
+      // Set the miner payout address if the
+      // programmer didn't pass one in.
+      if (!self.miner.address)
+        self.miner.address = wallet.getAddress();
+
+      load();
+    });
   });
 
-  this.chain.once('load', function() {
-    load();
-  });
+  this.chain.open(load);
+  this.mempool.open(load);
+  this.pool.open(load);
+  this.http.open(load);
+};
 
-  this.http.listen(this.options.httpPort || 8080, '0.0.0.0', function(err) {
-    if (err)
-      throw err;
+Fullnode.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
 
-    load();
-  });
+  this.once('load', callback);
 };
 
 Fullnode.prototype.createWallet = function createWallet(options, callback) {
diff --git a/lib/bcoin/http/client.js b/lib/bcoin/http/client.js
index cce2444b..163a0abd 100644
--- a/lib/bcoin/http/client.js
+++ b/lib/bcoin/http/client.js
@@ -20,6 +20,7 @@ function Client(uri) {
   EventEmitter.call(this);
 
   this.uri = uri;
+  this.loaded = false;
   this.id = null;
   this._init();
 }
@@ -68,9 +69,19 @@ Client.prototype._init = function _init() {
     self.socket.on('error', function(err) {
       self.emit('error', err);
     });
+
+    self.loaded = true;
+    self.emit('load');
   });
 };
 
+Client.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
+};
+
 Client.prototype.listenWallet = function listenWallet(id) {
   this.socket.join(id);
 };
diff --git a/lib/bcoin/http/server.js b/lib/bcoin/http/server.js
index 1f5835fa..fc765635 100644
--- a/lib/bcoin/http/server.js
+++ b/lib/bcoin/http/server.js
@@ -22,6 +22,7 @@ function NodeServer(node, options) {
   this.node = node;
   this.walletdb = node.walletdb;
   this.pool = node.pool;
+  this.loaded = false;
 
   this.server = new HTTPServer(options);
   this.io = null;
@@ -370,6 +371,16 @@ NodeServer.prototype._init = function _init() {
   });
 
   this._initIO();
+
+  if (this.options.port != null)
+    this.listen(this.options.port, this.options.host);
+};
+
+NodeServer.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
 };
 
 NodeServer.prototype._initIO = function _initIO() {
@@ -444,7 +455,20 @@ NodeServer.prototype.del = function del(path, callback) {
 };
 
 NodeServer.prototype.listen = function listen(port, host, callback) {
-  return this.server.listen(port, host, callback);
+  var self = this;
+  return this.server.listen(port, host, function(err) {
+    if (err) {
+      if (callback)
+        return callback(err);
+      return self.emit('error', err);
+    }
+
+    self.loaded = true;
+    self.emit('load');
+
+    if (callback)
+      callback();
+  });
 };
 
 /**
diff --git a/lib/bcoin/ldb.js b/lib/bcoin/ldb.js
index 30cf3306..3f8570e4 100644
--- a/lib/bcoin/ldb.js
+++ b/lib/bcoin/ldb.js
@@ -4,7 +4,9 @@
  * https://github.com/indutny/bcoin
  */
 
+var EventEmitter = require('events').EventEmitter;
 var bcoin = require('../bcoin');
+var utils = bcoin.utils;
 var network = bcoin.protocol.network;
 var db = {};
 
@@ -12,6 +14,7 @@ module.exports = function ldb(name, options) {
   var levelup = require('levelup');
   var file = bcoin.prefix + '/' + name + '-' + network.type + '.db';
   var backend = process.env.BCOIN_DB;
+  var promise;
 
   bcoin.ensurePrefix();
 
@@ -29,6 +32,7 @@ module.exports = function ldb(name, options) {
       backend = require(backend);
     }
 
+    /*
     db[file] = new levelup(file, {
       keyEncoding: 'ascii',
       valueEncoding: 'binary',
@@ -37,6 +41,26 @@ module.exports = function ldb(name, options) {
       compression: options.compression !== false,
       cacheSize: options.cacheSize || (8 << 20),
       writeBufferSize: options.writeBufferSize || (4 << 20),
+      memtableSize: 10 << 20,
+      maxOpenFiles: options.maxOpenFiles || 8192,
+
+      // For LMDB if we decide to use it:
+      sync: options.sync || false,
+      mapSize: options.mapSize || 150 * (1024 << 20),
+      writeMap: options.writeMap || false,
+
+      db: backend
+    });
+    */
+    db[file] = new DBWrapper(backend, file, {
+      keyEncoding: 'ascii',
+      valueEncoding: 'binary',
+      createIfMissing: true,
+      errorIfExists: false,
+      compression: options.compression !== false,
+      cacheSize: options.cacheSize || (8 << 20),
+      writeBufferSize: options.writeBufferSize || (4 << 20),
+      memtableSize: 10 << 20,
       maxOpenFiles: options.maxOpenFiles || 8192,
 
       // For LMDB if we decide to use it:
@@ -50,3 +74,91 @@ module.exports = function ldb(name, options) {
 
   return db[file];
 };
+
+/**
+ * DBWrapper
+ */
+
+function DBWrapper(backend, file, options) {
+  var self = this;
+
+  if (!(this instanceof DBWrapper))
+    return new DBWrapper(backend, file, options);
+
+  EventEmitter.call(this);
+
+  this.loaded = false;
+
+  this.backend = new backend(file);
+  this.db = this.backend;
+
+  this.backend.open(options, function(err) {
+    if (err)
+      return self.emit('error', err);
+
+    self.emit('load');
+    self.loaded = true;
+  });
+}
+
+utils.inherits(DBWrapper, EventEmitter);
+
+DBWrapper.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
+};
+
+DBWrapper.prototype.get = function get(key, options, callback) {
+  if (typeof options === 'function') {
+    callback = options;
+    options = {};
+  }
+  return this.backend.get(key, options, function(err, result) {
+    if (err) {
+      if (err.notFound || /not\s*found/i.test(err.message)) {
+        err.notFound = true;
+        err.type = 'NotFoundError';
+      }
+      return callback(err);
+    }
+    return callback(null, result);
+  });
+};
+
+DBWrapper.prototype.close = function close(callback) {
+  return this.backend.close(callback);
+};
+
+DBWrapper.prototype.put = function put(key, value, options, callback) {
+  return this.backend.put(key, value, options, callback);
+};
+
+DBWrapper.prototype.del = function del(key, options, callback) {
+  return this.backend.del(key, options, callback);
+};
+
+DBWrapper.prototype.batch = function batch(ops, options, callback) {
+  if (!ops)
+    return this.backend.batch();
+  return this.backend.batch(ops, options, callback);
+};
+
+DBWrapper.prototype.iterator = function batch(ops, options, callback) {
+  return this.backend.iterator(options);
+};
+
+DBWrapper.prototype.getProperty = function getProperty(name) {
+  if (this.backend.getProperty)
+    return this.backend.getProperty(name);
+
+  if (this.backend.db && this.backend.db.getProperty)
+    return this.backend.db.getProperty(name);
+
+  return null;
+};
+
+DBWrapper.prototype.approximateSize = function approximateSize(start, end, callback) {
+  return this.backend.approximateSize(start, end, callback);
+};
diff --git a/lib/bcoin/mempool.js b/lib/bcoin/mempool.js
index 8e06af03..13a2df34 100644
--- a/lib/bcoin/mempool.js
+++ b/lib/bcoin/mempool.js
@@ -20,6 +20,8 @@ function Mempool(node, options) {
   if (!(this instanceof Mempool))
     return new Mempool(node, options);
 
+  EventEmitter.call(this);
+
   if (!options)
     options = {};
 
@@ -33,6 +35,7 @@ function Mempool(node, options) {
   this.size = 0;
   this.count = 0;
   this.locked = false;
+  this.loaded = false;
 
   Mempool.global = this;
 
@@ -42,7 +45,18 @@ function Mempool(node, options) {
 utils.inherits(Mempool, EventEmitter);
 
 Mempool.prototype._init = function _init() {
-  ;
+  var self = this;
+  utils.nextTick(function() {
+    self.loaded = true;
+    self.emit('load');
+  });
+};
+
+Mempool.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
 };
 
 Mempool.prototype.addBlock = function addBlock(block) {
diff --git a/lib/bcoin/pool.js b/lib/bcoin/pool.js
index 371dee84..066584c4 100644
--- a/lib/bcoin/pool.js
+++ b/lib/bcoin/pool.js
@@ -47,6 +47,7 @@ function Pool(node, options) {
 
   this.server = null;
   this.destroyed = false;
+  this.loaded = false;
   this.size = options.size || 8;
 
   this.chain = node.chain;
@@ -133,24 +134,26 @@ function Pool(node, options) {
 
   Pool.global = this;
 
-  this.loading = true;
+  this.chain.open(function(err) {
+    if (err)
+      return self.emit('error', err);
 
-  if (!this.chain.loading) {
-    this.loading = false;
-    this.emit('load');
-    this._init();
-    return;
-  }
-
-  this.chain.once('load', function() {
-    self.loading = false;
+    self.loaded = true;
     self.emit('load');
+
     self._init();
   });
 }
 
 utils.inherits(Pool, EventEmitter);
 
+Pool.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
+};
+
 Pool.prototype._init = function _init() {
   var self = this;
   var i;
@@ -502,7 +505,7 @@ Pool.prototype._addLoader = function _addLoader() {
 };
 
 Pool.prototype.startSync = function startSync() {
-  if (this.loading)
+  if (!this.loaded)
     return this.once('load', this.startSync.bind(this));
 
   this.syncing = true;
@@ -525,7 +528,7 @@ Pool.prototype.stopSync = function stopSync() {
 
   this.syncing = false;
 
-  if (this.loading)
+  if (!this.loaded)
     return;
 
   this._stopInterval();
@@ -1247,7 +1250,7 @@ Pool.prototype.isWatched = function(tx, bloom) {
 Pool.prototype.addWallet = function addWallet(wallet, callback) {
   var self = this;
 
-  if (this.loading)
+  if (!this.loaded)
     return this.once('load', this.addWallet.bind(this, wallet, callback));
 
   callback = utils.asyncify(callback);
@@ -1274,7 +1277,7 @@ Pool.prototype.removeWallet = function removeWallet(wallet) {
   if (!this.options.spv)
     return;
 
-  assert(!this.loading);
+  assert(this.loaded);
 
   this.unwatchWallet(wallet);
 };
@@ -1304,7 +1307,7 @@ Pool.prototype.unwatchWallet = function unwatchWallet(wallet) {
 Pool.prototype.searchWallet = function(wallet, callback) {
   var self = this;
 
-  assert(!this.loading);
+  assert(this.loaded);
 
   callback = utils.asyncify(callback);
 
@@ -1364,7 +1367,7 @@ Pool.prototype.searchWallet = function(wallet, callback) {
 Pool.prototype.search = function search(id, range, callback) {
   var self = this;
 
-  assert(!this.loading);
+  assert(this.loaded);
 
   if (!this.options.spv)
     return;
diff --git a/lib/bcoin/txdb.js b/lib/bcoin/txdb.js
index f0fbaa77..a40bbd83 100644
--- a/lib/bcoin/txdb.js
+++ b/lib/bcoin/txdb.js
@@ -119,6 +119,8 @@ TXPool.prototype.mapAddresses = function mapAddresses(address, callback) {
   var map = {};
   var iter;
 
+  return callback(null, map);
+
   if (Array.isArray(address)) {
     return utils.forEachSerial(address, function(address, next) {
       self.mapAddresses(address, function(err, res) {
@@ -804,6 +806,8 @@ TXPool.prototype.getTXHashes = function getTXHashes(address, callback) {
   var txs = [];
   var iter;
 
+  return callback(null, txs);
+
   callback = utils.ensure(callback);
 
   if (Array.isArray(address)) {
@@ -867,6 +871,8 @@ TXPool.prototype.getPendingHashes = function getPendingHashes(address, callback)
   var txs = [];
   var iter;
 
+  return callback(null, txs);
+
   callback = utils.ensure(callback);
 
   if (Array.isArray(address)) {
@@ -931,6 +937,8 @@ TXPool.prototype.getCoinIDs = function getCoinIDs(address, callback) {
   var coins = [];
   var iter;
 
+  return callback(null, coins);
+
   callback = utils.ensure(callback);
 
   if (Array.isArray(address)) {
@@ -993,6 +1001,8 @@ TXPool.prototype.getHeightRangeHashes = function getHeightRangeHashes(address, o
   var txs = [];
   var iter;
 
+  return callback(null, txs);
+
   callback = utils.ensure(callback);
 
   iter = this.db.db.iterator({
@@ -1045,6 +1055,8 @@ TXPool.prototype.getRangeHashes = function getRangeHashes(address, options, call
   var txs = [];
   var iter;
 
+  return callback(null, txs);
+
   callback = utils.ensure(callback);
 
   iter = this.db.db.iterator({
diff --git a/lib/bcoin/utils.js b/lib/bcoin/utils.js
index d34ebfa0..151d9091 100644
--- a/lib/bcoin/utils.js
+++ b/lib/bcoin/utils.js
@@ -1761,6 +1761,66 @@ utils.wrap = function wrap(callback, unlock) {
   };
 };
 
+utils.parallel = function parallel(stack, callback) {
+  var pending = stack.length;
+  var error;
+  var i;
+
+  callback = utils.once(callback);
+
+  if (!pending)
+    return utils.nextTick(callback);
+
+  function next(err) {
+    assert(pending > 0);
+    if (err)
+      error = err;
+    if (!--pending)
+      callback(error);
+  }
+
+  for (i = 0; i < stack.length; i++) {
+    try {
+      if (stack[i].length >= 2) {
+        stack[i](error, next);
+        error = null;
+      } else {
+        if (error)
+          continue;
+        stack[i](next);
+      }
+    } catch (e) {
+      pending--;
+      error = e;
+    }
+  }
+};
+
+utils.serial = function serial(stack, callback) {
+  var i = 0;
+  (function next(err) {
+    if (i++ >= stack.length)
+      return callback(err);
+
+    if (stack[i].length >= 2) {
+      try {
+        return stack[i](err, next);
+      } catch (e) {
+        return next(e);
+      }
+    }
+
+    if (err)
+      return utils.nextTick(next.bind(null, err));
+
+    try {
+      return stack[i](next);
+    } catch (e) {
+      return next(e);
+    }
+  })();
+};
+
 function SyncBatch(db) {
   this.db = db;
   this.ops = [];
diff --git a/lib/bcoin/wallet.js b/lib/bcoin/wallet.js
index c3f5be36..12488922 100644
--- a/lib/bcoin/wallet.js
+++ b/lib/bcoin/wallet.js
@@ -47,6 +47,7 @@ function Wallet(options) {
   this.change = [];
   this.receive = [];
   this.witness = options.witness || false;
+  this.loaded = false;
 
   this.accountIndex = options.accountIndex || 0;
   this.receiveDepth = options.receiveDepth || 1;
@@ -152,6 +153,21 @@ Wallet.prototype._init = function _init() {
   this.provider.on('unconfirmed', function(tx) {
     self.emit('unconfirmed', tx);
   });
+
+  this.provider.open(function(err) {
+    if (err)
+      return self.emit('error', err);
+
+    self.loaded = true;
+    self.emit('load');
+  });
+};
+
+Wallet.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
 };
 
 Wallet.prototype.destroy = function destroy() {
diff --git a/lib/bcoin/walletdb.js b/lib/bcoin/walletdb.js
index 2080d6c1..8e385f0d 100644
--- a/lib/bcoin/walletdb.js
+++ b/lib/bcoin/walletdb.js
@@ -29,6 +29,7 @@ function WalletDB(node, options) {
 
   this.node = node;
   this.options = options;
+  this.loaded = false;
 
   WalletDB.global = this;
 
@@ -42,6 +43,7 @@ WalletDB._db = {};
 WalletDB.prototype.dump = function dump(callback) {
   var records = {};
 
+  return callback();
   var iter = this.db.db.iterator({
     gte: 'w',
     lte: 'w~',
@@ -80,11 +82,21 @@ WalletDB.prototype.dump = function dump(callback) {
 WalletDB.prototype._init = function _init() {
   var self = this;
 
+  if (this.loaded)
+    return;
+
   this.db = bcoin.ldb('wallet', {
     cacheSize: 4 * 1024 * 1024,
     writeBufferSize: 4 * 1024 * 1024
   });
 
+  this.db.open(function(err) {
+    if (err)
+      return self.emit('error', err);
+    self.emit('load');
+    self.loaded = true;
+  });
+
   this.tx = new bcoin.txdb('w', this.db, {
     ids: true
   });
@@ -154,6 +166,13 @@ WalletDB.prototype._init = function _init() {
   });
 };
 
+WalletDB.prototype.open = function open(callback) {
+  if (this.loaded)
+    return utils.nextTick(callback);
+
+  this.once('load', callback);
+};
+
 WalletDB.prototype.syncOutputDepth = function syncOutputDepth(id, tx, callback) {
   var self = this;
 
@@ -557,12 +576,17 @@ function Provider(db) {
 
   EventEmitter.call(this);
 
+  this.loaded = true;
   this.db = db;
   this.id = null;
 }
 
 utils.inherits(Provider, EventEmitter);
 
+Provider.prototype.open = function open(callback) {
+  return utils.nextTick(callback);
+};
+
 Provider.prototype.setID = function setID(id) {
   var self = this;