diff --git a/lib/wallet/account.js b/lib/wallet/account.js
index d01bfea4..fff6f238 100644
--- a/lib/wallet/account.js
+++ b/lib/wallet/account.js
@@ -857,7 +857,7 @@ Account.prototype.inspect = function inspect() {
  * @returns {Object}
  */
 
-Account.prototype.toJSON = function toJSON(minimal) {
+Account.prototype.toJSON = function toJSON(minimal, balance) {
   const receive = this.receiveAddress();
   const change = this.changeAddress();
   const nested = this.nestedAddress();
@@ -881,7 +881,8 @@ Account.prototype.toJSON = function toJSON(minimal) {
     changeAddress: change ? change.toString() : null,
     nestedAddress: nested ? nested.toString() : null,
     accountKey: this.accountKey.toBase58(),
-    keys: this.keys.map(key => key.toBase58())
+    keys: this.keys.map(key => key.toBase58()),
+    balance: balance ? balance.toJSON(true) : null
   };
 };
 
diff --git a/lib/wallet/http.js b/lib/wallet/http.js
index 70adb1fd..c62bb8bb 100644
--- a/lib/wallet/http.js
+++ b/lib/wallet/http.js
@@ -191,8 +191,9 @@ HTTPServer.prototype.initRouter = function initRouter() {
   });
 
   // Get wallet
-  this.get('/:id', (req, res) => {
-    res.send(200, req.wallet.toJSON());
+  this.get('/:id', async (req, res) => {
+    const balance = await req.wallet.getBalance();
+    res.send(200, req.wallet.toJSON(false, balance));
   });
 
   // Get wallet master key
@@ -217,7 +218,9 @@ HTTPServer.prototype.initRouter = function initRouter() {
       watchOnly: valid.bool('watchOnly')
     });
 
-    res.send(200, wallet.toJSON());
+    const balance = await wallet.getBalance();
+
+    res.send(200, wallet.toJSON(false, balance));
   });
 
   // Create wallet
@@ -237,7 +240,9 @@ HTTPServer.prototype.initRouter = function initRouter() {
       watchOnly: valid.bool('watchOnly')
     });
 
-    res.send(200, wallet.toJSON());
+    const balance = await wallet.getBalance();
+
+    res.send(200, wallet.toJSON(false, balance));
   });
 
   // List accounts
@@ -257,7 +262,9 @@ HTTPServer.prototype.initRouter = function initRouter() {
       return;
     }
 
-    res.send(200, account.toJSON());
+    const balance = await req.wallet.getBalance(account.accountIndex);
+
+    res.send(200, account.toJSON(false, balance));
   });
 
   // Create account (compat)
@@ -277,8 +284,9 @@ HTTPServer.prototype.initRouter = function initRouter() {
     };
 
     const account = await req.wallet.createAccount(options, passphrase);
+    const balance = await req.wallet.getBalance(account.accountIndex);
 
-    res.send(200, account.toJSON());
+    res.send(200, account.toJSON(false, balance));
   });
 
   // Create account
@@ -298,8 +306,9 @@ HTTPServer.prototype.initRouter = function initRouter() {
     };
 
     const account = await req.wallet.createAccount(options, passphrase);
+    const balance = await req.wallet.getBalance(account.accountIndex);
 
-    res.send(200, account.toJSON());
+    res.send(200, account.toJSON(false, balance));
   });
 
   // Change passphrase
diff --git a/lib/wallet/layout-browser.js b/lib/wallet/layout-browser.js
index dd285dce..4615ef0e 100644
--- a/lib/wallet/layout-browser.js
+++ b/lib/wallet/layout-browser.js
@@ -99,6 +99,14 @@ layouts.txdb = {
     return 't' + pad32(wid);
   },
   R: 'R',
+  r: function r(acct) {
+    assert(typeof acct === 'number');
+    return 'r' + pad32(acct);
+  },
+  rr: function rr(key) {
+    assert(typeof key === 'string');
+    return parseInt(key.slice(1), 10);
+  },
   hi: function hi(ch, hash, index) {
     assert(typeof hash === 'string');
     return ch + hash + pad32(index);
diff --git a/lib/wallet/layout.js b/lib/wallet/layout.js
index 84819b3e..434712c5 100644
--- a/lib/wallet/layout.js
+++ b/lib/wallet/layout.js
@@ -207,6 +207,18 @@ layouts.txdb = {
     return out;
   },
   R: Buffer.from([0x52]),
+  r: function r(acct) {
+    assert(typeof acct === 'number');
+    const key = Buffer.allocUnsafe(5);
+    key[0] = 0x72;
+    key.writeUInt32BE(acct, 1, true);
+    return key;
+  },
+  rr: function rr(key) {
+    assert(Buffer.isBuffer(key));
+    assert(key.length === 5);
+    return key.readUInt32BE(1, true);
+  },
   hi: function hi(ch, hash, index) {
     assert(typeof hash === 'string');
     assert(typeof index === 'number');
diff --git a/lib/wallet/rpc.js b/lib/wallet/rpc.js
index a88d58aa..95dd65cb 100644
--- a/lib/wallet/rpc.js
+++ b/lib/wallet/rpc.js
@@ -651,7 +651,7 @@ RPC.prototype.getWalletInfo = async function getWalletInfo(args, help) {
     walletversion: 6,
     balance: Amount.btc(balance.unconfirmed, true),
     unconfirmed_balance: Amount.btc(balance.unconfirmed, true),
-    txcount: wallet.txdb.state.tx,
+    txcount: balance.tx,
     keypoololdest: 0,
     keypoolsize: 0,
     unlocked_until: wallet.master.until,
diff --git a/lib/wallet/txdb.js b/lib/wallet/txdb.js
index 92ec8777..1ed9cabf 100644
--- a/lib/wallet/txdb.js
+++ b/lib/wallet/txdb.js
@@ -42,11 +42,7 @@ function TXDB(wdb) {
   this.id = null;
   this.prefix = layout.prefix(0);
   this.wallet = null;
-
   this.locked = new Set();
-  this.state = null;
-  this.pending = null;
-  this.events = [];
 }
 
 /**
@@ -63,29 +59,10 @@ TXDB.layout = layout;
 
 TXDB.prototype.open = async function open(wallet) {
   const {wid, id} = wallet;
-
   this.id = id;
   this.wid = wid;
   this.prefix = layout.prefix(wid);
   this.wallet = wallet;
-
-  const state = await this.getState();
-
-  if (state) {
-    this.state = state;
-    this.logger.info('TXDB loaded for %s.', id);
-  } else {
-    this.state = new TXDBState(wid, id);
-    this.logger.info('TXDB created for %s.', id);
-  }
-
-  this.logger.info('TXDB State: tx=%d coin=%s.',
-    this.state.tx, this.state.coin);
-
-  this.logger.info(
-    'Balance: unconfirmed=%s confirmed=%s.',
-    Amount.btc(this.state.unconfirmed),
-    Amount.btc(this.state.confirmed));
 };
 
 /**
@@ -270,6 +247,31 @@ TXDB.prototype.removeInput = async function removeInput(b, tx, index) {
   return this.removeOutpointMap(b, prevout.hash, prevout.index);
 };
 
+/**
+ * Update wallet balance.
+ * @param {BalanceDelta} state
+ */
+
+TXDB.prototype.updateBalance = async function updateBalance(b, state) {
+  const balance = await this.getWalletBalance();
+  state.applyTo(balance);
+  b.put(layout.R, balance.toRaw());
+  return balance;
+};
+
+/**
+ * Update account balance.
+ * @param {Number} acct
+ * @param {Balance} delta
+ */
+
+TXDB.prototype.updateAccountBalance = async function updateAccountBalance(b, acct, delta) {
+  const balance = await this.getAccountBalance(acct);
+  delta.applyTo(balance);
+  b.put(layout.r(acct), balance.toRaw());
+  return balance;
+};
+
 /**
  * Test a whether a coin has been spent.
  * @param {Hash} hash
@@ -493,7 +495,7 @@ TXDB.prototype.add = async function add(tx, block) {
       return null;
 
     // Confirm transaction.
-    return await this.confirm(existing, block);
+    return this.confirm(existing, block);
   }
 
   const wtx = TXRecord.fromTX(tx, block);
@@ -509,7 +511,7 @@ TXDB.prototype.add = async function add(tx, block) {
   }
 
   // Finally we can do a regular insertion.
-  return await this.insert(wtx, block);
+  return this.insert(wtx, block);
 };
 
 /**
@@ -522,14 +524,12 @@ TXDB.prototype.add = async function add(tx, block) {
 
 TXDB.prototype.insert = async function insert(wtx, block) {
   const b = this.bucket();
-  const state = this.state.clone();
   const {tx, hash} = wtx;
   const height = block ? block.height : -1;
   const details = new Details(this, wtx, block);
-  const accounts = new Set();
+  const state = new BalanceDelta();
 
   let own = false;
-  let updated = false;
 
   if (!tx.isCoinbase()) {
     // We need to potentially spend some coins here.
@@ -553,7 +553,6 @@ TXDB.prototype.insert = async function insert(wtx, block) {
       // Build the tx details object
       // as we go, for speed.
       details.setInput(i, path, coin);
-      accounts.add(path.account);
 
       // Write an undo coin for the credit
       // and add it to the stxo set.
@@ -563,8 +562,9 @@ TXDB.prototype.insert = async function insert(wtx, block) {
       // be updated as it reflects the on-chain
       // balance _and_ mempool balance assuming
       // everything in the mempool were to confirm.
-      state.coin -= 1;
-      state.unconfirmed -= coin.value;
+      state.tx(path, 1);
+      state.coin(path, -1);
+      state.unconfirmed(path, -coin.value);
 
       if (!block) {
         // If the tx is not mined, we do not
@@ -583,11 +583,10 @@ TXDB.prototype.insert = async function insert(wtx, block) {
         // coin will be indexed as an undo
         // coin so it can be reconnected
         // later during a reorg.
-        state.confirmed -= coin.value;
+        state.confirmed(path, -coin.value);
         await this.removeCredit(b, credit, path);
       }
 
-      updated = true;
       own = true;
     }
   }
@@ -601,25 +600,23 @@ TXDB.prototype.insert = async function insert(wtx, block) {
       continue;
 
     details.setOutput(i, path);
-    accounts.add(path.account);
 
     const credit = Credit.fromTX(tx, i, height);
     credit.own = own;
 
-    state.coin += 1;
-    state.unconfirmed += output.value;
+    state.tx(path, 1);
+    state.coin(path, 1);
+    state.unconfirmed(path, output.value);
 
     if (block)
-      state.confirmed += output.value;
+      state.confirmed(path, output.value);
 
     await this.saveCredit(b, credit, path);
-
-    updated = true;
   }
 
   // If this didn't update any coins,
   // it's not our transaction.
-  if (!updated)
+  if (!state.updated())
     return null;
 
   // Save and index the transaction record.
@@ -634,46 +631,41 @@ TXDB.prototype.insert = async function insert(wtx, block) {
   // Do some secondary indexing for account-based
   // queries. This saves us a lot of time for
   // queries later.
-  for (const account of accounts) {
-    b.put(layout.T(account, hash), null);
-    b.put(layout.M(account, wtx.mtime, hash), null);
+  for (const [acct, delta] of state.accounts) {
+    await this.updateAccountBalance(b, acct, delta);
+
+    b.put(layout.T(acct, hash), null);
+    b.put(layout.M(acct, wtx.mtime, hash), null);
 
     if (!block)
-      b.put(layout.P(account, hash), null);
+      b.put(layout.P(acct, hash), null);
     else
-      b.put(layout.H(account, height, hash), null);
+      b.put(layout.H(acct, height, hash), null);
   }
 
-  await this.addTXMap(b, hash);
-
   // Update block records.
   if (block) {
     await this.addBlockMap(b, height);
     await this.addBlock(b, tx.hash(), block);
+  } else {
+    await this.addTXMap(b, hash);
   }
 
-  // Update the transaction counter and
-  // commit the new state. This state will
-  // only overwrite the best state once
-  // the batch has actually been written
-  // to disk.
-  state.tx += 1;
-  b.put(layout.R, state.commit());
+  // Commit the new state.
+  const balance = await this.updateBalance(b, state);
+
+  await b.write();
 
   // This transaction may unlock some
   // coins now that we've seen it.
   this.unlockTX(tx);
 
-  await b.write();
-
-  this.state = state;
-
   // Emit events for potential local and
   // websocket listeners. Note that these
   // will only be emitted if the batch is
   // successfully written to disk.
   this.emit('tx', tx, details);
-  this.emit('balance', state.toBalance(), details);
+  this.emit('balance', balance);
 
   return details;
 };
@@ -688,12 +680,10 @@ TXDB.prototype.insert = async function insert(wtx, block) {
 
 TXDB.prototype.confirm = async function confirm(wtx, block) {
   const b = this.bucket();
-  const state = this.state.clone();
-  const tx = wtx.tx;
-  const hash = wtx.hash;
+  const {tx, hash} = wtx;
   const height = block.height;
   const details = new Details(this, wtx, block);
-  const accounts = new Set();
+  const state = new BalanceDelta();
 
   wtx.setBlock(block);
 
@@ -719,6 +709,9 @@ TXDB.prototype.confirm = async function confirm(wtx, block) {
         if (!credit)
           continue;
 
+        const path = await this.getPath(credit.coin);
+        assert(path);
+
         // Add a spend record and undo coin
         // for the coin we now know is ours.
         // We don't need to remove the coin
@@ -726,8 +719,8 @@ TXDB.prototype.confirm = async function confirm(wtx, block) {
         // first place.
         this.spendCredit(b, credit, tx, i);
 
-        state.coin -= 1;
-        state.unconfirmed -= credit.coin.value;
+        state.coin(path, -1);
+        state.unconfirmed(path, -credit.coin.value);
       }
 
       const coin = credit.coin;
@@ -738,12 +731,11 @@ TXDB.prototype.confirm = async function confirm(wtx, block) {
       assert(path);
 
       details.setInput(i, path, coin);
-      accounts.add(path.account);
 
       // We can now safely remove the credit
       // entirely, now that we know it's also
       // been removed on-chain.
-      state.confirmed -= coin.value;
+      state.confirmed(path, -coin.value);
 
       await this.removeCredit(b, credit, path);
     }
@@ -758,7 +750,6 @@ TXDB.prototype.confirm = async function confirm(wtx, block) {
       continue;
 
     details.setOutput(i, path);
-    accounts.add(path.account);
 
     const credit = await this.getCredit(hash, i);
     assert(credit);
@@ -772,7 +763,7 @@ TXDB.prototype.confirm = async function confirm(wtx, block) {
 
     // Update coin height and confirmed
     // balance. Save once again.
-    state.confirmed += output.value;
+    state.confirmed(path, output.value);
     credit.coin.height = height;
 
     await this.saveCredit(b, credit, path);
@@ -786,25 +777,25 @@ TXDB.prototype.confirm = async function confirm(wtx, block) {
   b.put(layout.h(height, hash), null);
 
   // Secondary indexing also needs to change.
-  for (const account of accounts) {
-    b.del(layout.P(account, hash));
-    b.put(layout.H(account, height, hash), null);
+  for (const [acct, delta] of state.accounts) {
+    await this.updateAccountBalance(b, acct, delta);
+    b.del(layout.P(acct, hash));
+    b.put(layout.H(acct, height, hash), null);
   }
 
+  await this.removeTXMap(b, hash);
   await this.addBlockMap(b, height);
   await this.addBlock(b, tx.hash(), block);
 
   // Commit the new state. The balance has updated.
-  b.put(layout.R, state.commit());
+  const balance = await this.updateBalance(b, state);
 
   await b.write();
 
-  this.state = state;
-
   this.unlockTX(tx);
 
   this.emit('confirmed', tx, details);
-  this.emit('balance', state.toBalance(), details);
+  this.emit('balance', balance);
 
   return details;
 };
@@ -822,7 +813,7 @@ TXDB.prototype.remove = async function remove(hash) {
   if (!wtx)
     return null;
 
-  return await this.removeRecursive(wtx);
+  return this.removeRecursive(wtx);
 };
 
 /**
@@ -835,11 +826,10 @@ TXDB.prototype.remove = async function remove(hash) {
 
 TXDB.prototype.erase = async function erase(wtx, block) {
   const b = this.bucket();
-  const state = this.state.clone();
   const {tx, hash} = wtx;
   const height = block ? block.height : -1;
   const details = new Details(this, wtx, block);
-  const accounts = new Set();
+  const state = new BalanceDelta();
 
   if (!tx.isCoinbase()) {
     // We need to undo every part of the
@@ -861,18 +851,20 @@ TXDB.prototype.erase = async function erase(wtx, block) {
       assert(path);
 
       details.setInput(i, path, coin);
-      accounts.add(path.account);
 
       // Recalculate the balance, remove
       // from stxo set, remove the undo
       // coin, and resave the credit.
-      state.coin += 1;
-      state.unconfirmed += coin.value;
+      state.tx(path, -1);
+      state.coin(path, 1);
+      state.unconfirmed(path, coin.value);
 
       if (block)
-        state.confirmed += coin.value;
+        state.confirmed(path, coin.value);
 
       this.unspendCredit(b, tx, i);
+
+      credit.spent = false;
       await this.saveCredit(b, credit, path);
     }
   }
@@ -887,15 +879,15 @@ TXDB.prototype.erase = async function erase(wtx, block) {
       continue;
 
     details.setOutput(i, path);
-    accounts.add(path.account);
 
     const credit = Credit.fromTX(tx, i, height);
 
-    state.coin -= 1;
-    state.unconfirmed -= output.value;
+    state.tx(path, -1);
+    state.coin(path, -1);
+    state.unconfirmed(path, -output.value);
 
     if (block)
-      state.confirmed -= output.value;
+      state.confirmed(path, -output.value);
 
     await this.removeCredit(b, credit, path);
   }
@@ -911,36 +903,35 @@ TXDB.prototype.erase = async function erase(wtx, block) {
     b.del(layout.h(height, hash));
 
   // Remove all secondary indexing.
-  for (const account of accounts) {
-    b.del(layout.T(account, hash));
-    b.del(layout.M(account, wtx.mtime, hash));
+  for (const [acct, delta] of state.accounts) {
+    await this.updateAccountBalance(b, acct, delta);
+
+    b.del(layout.T(acct, hash));
+    b.del(layout.M(acct, wtx.mtime, hash));
 
     if (!block)
-      b.del(layout.P(account, hash));
+      b.del(layout.P(acct, hash));
     else
-      b.del(layout.H(account, height, hash));
+      b.del(layout.H(acct, height, hash));
   }
 
-  await this.removeTXMap(b, hash);
-
   // Update block records.
   if (block) {
     await this.removeBlockMap(b, height);
     await this.spliceBlock(b, hash, height);
+  } else {
+    await this.removeTXMap(b, hash);
   }
 
   // Update the transaction counter
   // and commit new state due to
   // balance change.
-  state.tx -= 1;
-  b.put(layout.R, state.commit());
+  const balance = await this.updateBalance(b, state);
 
   await b.write();
 
-  this.state = state;
-
   this.emit('remove tx', tx, details);
-  this.emit('balance', state.toBalance(), details);
+  this.emit('balance', balance);
 
   return details;
 };
@@ -954,8 +945,7 @@ TXDB.prototype.erase = async function erase(wtx, block) {
  */
 
 TXDB.prototype.removeRecursive = async function removeRecursive(wtx) {
-  const tx = wtx.tx;
-  const hash = wtx.hash;
+  const {tx, hash} = wtx;
 
   for (let i = 0; i < tx.outputs.length; i++) {
     const spent = await this.getSpent(hash, i);
@@ -972,11 +962,7 @@ TXDB.prototype.removeRecursive = async function removeRecursive(wtx) {
   }
 
   // Remove the spender.
-  const details = await this.erase(wtx, wtx.getBlock());
-
-  assert(details);
-
-  return details;
+  return this.erase(wtx, wtx.getBlock());
 };
 
 /**
@@ -1017,7 +1003,7 @@ TXDB.prototype.unconfirm = async function unconfirm(hash) {
   if (wtx.height === -1)
     return null;
 
-  return await this.disconnect(wtx, wtx.getBlock());
+  return this.disconnect(wtx, wtx.getBlock());
 };
 
 /**
@@ -1028,10 +1014,9 @@ TXDB.prototype.unconfirm = async function unconfirm(hash) {
 
 TXDB.prototype.disconnect = async function disconnect(wtx, block) {
   const b = this.bucket();
-  const state = this.state.clone();
   const {tx, hash, height} = wtx;
   const details = new Details(this, wtx, block);
-  const accounts = new Set();
+  const state = new BalanceDelta();
 
   assert(block);
 
@@ -1059,9 +1044,8 @@ TXDB.prototype.disconnect = async function disconnect(wtx, block) {
       assert(path);
 
       details.setInput(i, path, coin);
-      accounts.add(path.account);
 
-      state.confirmed += coin.value;
+      state.confirmed(path, coin.value);
 
       // Resave the credit and mark it
       // as spent in the mempool instead.
@@ -1091,18 +1075,17 @@ TXDB.prototype.disconnect = async function disconnect(wtx, block) {
       await this.updateSpentCoin(b, tx, i, height);
 
     details.setOutput(i, path);
-    accounts.add(path.account);
 
     // Update coin height and confirmed
     // balance. Save once again.
-    const coin = credit.coin;
-    coin.height = -1;
+    credit.coin.height = -1;
 
-    state.confirmed -= output.value;
+    state.confirmed(path, -output.value);
 
     await this.saveCredit(b, credit, path);
   }
 
+  await this.addTXMap(b, hash);
   await this.removeBlockMap(b, height);
   await this.removeBlock(b, tx.hash(), height);
 
@@ -1114,21 +1097,20 @@ TXDB.prototype.disconnect = async function disconnect(wtx, block) {
   b.del(layout.h(height, hash));
 
   // Secondary indexing also needs to change.
-  for (const account of accounts) {
-    b.put(layout.P(account, hash), null);
-    b.del(layout.H(account, height, hash));
+  for (const [acct, delta] of state.accounts) {
+    await this.updateAccountBalance(b, acct, delta);
+    b.put(layout.P(acct, hash), null);
+    b.del(layout.H(acct, height, hash));
   }
 
   // Commit state due to unconfirmed
   // vs. confirmed balance change.
-  b.put(layout.R, state.commit());
+  const balance = await this.updateBalance(b, state);
 
   await b.write();
 
-  this.state = state;
-
   this.emit('unconfirmed', tx, details);
-  this.emit('balance', state.toBalance(), details);
+  this.emit('balance', balance);
 
   return details;
 };
@@ -1304,6 +1286,7 @@ TXDB.prototype.getLocked = function getLocked() {
  */
 
 TXDB.prototype.getAccountHistoryHashes = function getAccountHistoryHashes(acct) {
+  assert(typeof acct === 'number');
   return this.keys({
     gte: layout.T(acct, encoding.NULL_HASH),
     lte: layout.T(acct, encoding.HIGH_HASH),
@@ -1340,6 +1323,7 @@ TXDB.prototype.getHistoryHashes = function getHistoryHashes(acct) {
  */
 
 TXDB.prototype.getAccountPendingHashes = function getAccountPendingHashes(acct) {
+  assert(typeof acct === 'number');
   return this.keys({
     gte: layout.P(acct, encoding.NULL_HASH),
     lte: layout.P(acct, encoding.HIGH_HASH),
@@ -1376,6 +1360,7 @@ TXDB.prototype.getPendingHashes = function getPendingHashes(acct) {
  */
 
 TXDB.prototype.getAccountOutpoints = function getAccountOutpoints(acct) {
+  assert(typeof acct === 'number');
   return this.keys({
     gte: layout.C(acct, encoding.NULL_HASH, 0),
     lte: layout.C(acct, encoding.HIGH_HASH, 0xffffffff),
@@ -1420,6 +1405,8 @@ TXDB.prototype.getOutpoints = function getOutpoints(acct) {
  */
 
 TXDB.prototype.getAccountHeightRangeHashes = function getAccountHeightRangeHashes(acct, options) {
+  assert(typeof acct === 'number');
+
   const start = options.start || 0;
   const end = options.end || 0xffffffff;
 
@@ -1489,6 +1476,8 @@ TXDB.prototype.getHeightHashes = function getHeightHashes(height) {
  */
 
 TXDB.prototype.getAccountRangeHashes = function getAccountRangeHashes(acct, options) {
+  assert(typeof acct === 'number');
+
   const start = options.start || 0;
   const end = options.end || 0xffffffff;
 
@@ -1828,20 +1817,6 @@ TXDB.prototype.getSpentView = async function getSpentView(tx) {
   return view;
 };
 
-/**
- * Get TXDB state.
- * @returns {Promise}
- */
-
-TXDB.prototype.getState = async function getState() {
-  const data = await this.get(layout.R);
-
-  if (!data)
-    return null;
-
-  return TXDBState.fromRaw(this.wid, this.id, data);
-};
-
 /**
  * Get transaction.
  * @param {Hash} hash
@@ -1869,7 +1844,7 @@ TXDB.prototype.getDetails = async function getDetails(hash) {
   if (!wtx)
     return null;
 
-  return await this.toDetails(wtx);
+  return this.toDetails(wtx);
 };
 
 /**
@@ -1882,7 +1857,7 @@ TXDB.prototype.toDetails = async function toDetails(wtxs) {
   const out = [];
 
   if (!Array.isArray(wtxs))
-    return await this._toDetails(wtxs);
+    return this._toDetails(wtxs);
 
   for (const wtx of wtxs) {
     const details = await this._toDetails(wtx);
@@ -2036,7 +2011,7 @@ TXDB.prototype.updateSpentCoin = async function updateSpentCoin(b, tx, index, he
  */
 
 TXDB.prototype.hasCoin = async function hasCoin(hash, index) {
-  return await this.has(layout.c(hash, index));
+  return this.has(layout.c(hash, index));
 };
 
 /**
@@ -2048,12 +2023,10 @@ TXDB.prototype.hasCoin = async function hasCoin(hash, index) {
 TXDB.prototype.getBalance = async function getBalance(acct) {
   assert(typeof acct === 'number');
 
-  // Slow case
   if (acct !== -1)
-    return await this.getAccountBalance(acct);
+    return this.getAccountBalance(acct);
 
-  // Fast case
-  return this.state.toBalance();
+  return this.getWalletBalance();
 };
 
 /**
@@ -2062,20 +2035,12 @@ TXDB.prototype.getBalance = async function getBalance(acct) {
  */
 
 TXDB.prototype.getWalletBalance = async function getWalletBalance() {
-  const credits = await this.getCredits();
-  const balance = new Balance(this.wid, this.id, -1);
+  const data = await this.get(layout.R);
 
-  for (const credit of credits) {
-    const coin = credit.coin;
+  if (!data)
+    return new Balance();
 
-    if (coin.height !== -1)
-      balance.confirmed += coin.value;
-
-    if (!credit.spent)
-      balance.unconfirmed += coin.value;
-  }
-
-  return balance;
+  return Balance.fromRaw(-1, data);
 };
 
 /**
@@ -2085,20 +2050,12 @@ TXDB.prototype.getWalletBalance = async function getWalletBalance() {
  */
 
 TXDB.prototype.getAccountBalance = async function getAccountBalance(acct) {
-  const credits = await this.getAccountCredits(acct);
-  const balance = new Balance(this.wid, this.id, acct);
+  const data = await this.get(layout.r(acct));
 
-  for (const credit of credits) {
-    const coin = credit.coin;
+  if (!data)
+    return new Balance(acct);
 
-    if (coin.height !== -1)
-      balance.confirmed += coin.value;
-
-    if (!credit.spent)
-      balance.unconfirmed += coin.value;
-  }
-
-  return balance;
+  return Balance.fromRaw(acct, data);
 };
 
 /**
@@ -2149,138 +2106,47 @@ TXDB.prototype.abandon = async function abandon(hash) {
   if (!result)
     throw new Error('TX not eligible.');
 
-  return await this.remove(hash);
+  return this.remove(hash);
 };
 
 /**
  * Balance
  * @alias module:wallet.Balance
  * @constructor
- * @param {WalletID} wid
- * @param {String} id
  * @param {Number} account
  */
 
-function Balance(wid, id, account) {
+function Balance(acct = -1) {
   if (!(this instanceof Balance))
-    return new Balance(wid, id, account);
+    return new Balance(acct);
 
-  this.wid = wid;
-  this.id = id;
-  this.account = account;
-  this.unconfirmed = 0;
-  this.confirmed = 0;
-}
+  assert(typeof acct === 'number');
 
-/**
- * Test whether a balance is equal.
- * @param {Balance} balance
- * @returns {Boolean}
- */
-
-Balance.prototype.equal = function equal(balance) {
-  return this.wid === balance.wid
-    && this.confirmed === balance.confirmed
-    && this.unconfirmed === balance.unconfirmed;
-};
-
-/**
- * Convert balance to a more json-friendly object.
- * @param {Boolean?} minimal
- * @returns {Object}
- */
-
-Balance.prototype.toJSON = function toJSON(minimal) {
-  return {
-    wid: !minimal ? this.wid : undefined,
-    id: !minimal ? this.id : undefined,
-    account: !minimal ? this.account : undefined,
-    unconfirmed: this.unconfirmed,
-    confirmed: this.confirmed
-  };
-};
-
-/**
- * Convert balance to human-readable string.
- * @returns {String}
- */
-
-Balance.prototype.toString = function toString() {
-  return '<Balance'
-    + ` unconfirmed=${Amount.btc(this.unconfirmed)}`
-    + ` confirmed=${Amount.btc(this.confirmed)}`
-    + '>';
-};
-
-/**
- * Inspect balance.
- * @param {String}
- */
-
-Balance.prototype.inspect = function inspect() {
-  return this.toString();
-};
-
-/**
- * Chain State
- * @alias module:wallet.ChainState
- * @constructor
- * @param {WalletID} wid
- * @param {String} id
- */
-
-function TXDBState(wid, id) {
-  this.wid = wid;
-  this.id = id;
+  this.account = acct;
   this.tx = 0;
   this.coin = 0;
   this.unconfirmed = 0;
   this.confirmed = 0;
-  this.committed = false;
 }
 
 /**
- * Clone the state.
- * @returns {TXDBState}
+ * Apply delta.
+ * @param {Balance} balance
  */
 
-TXDBState.prototype.clone = function clone() {
-  const state = new TXDBState(this.wid, this.id);
-  state.tx = this.tx;
-  state.coin = this.coin;
-  state.unconfirmed = this.unconfirmed;
-  state.confirmed = this.confirmed;
-  return state;
+Balance.prototype.applyTo = function applyTo(balance) {
+  balance.tx += this.tx;
+  balance.coin += this.coin;
+  balance.unconfirmed += this.unconfirmed;
+  balance.confirmed += this.confirmed;
 };
 
 /**
- * Commit and serialize state.
+ * Serialize balance.
  * @returns {Buffer}
  */
 
-TXDBState.prototype.commit = function commit() {
-  this.committed = true;
-  return this.toRaw();
-};
-
-/**
- * Convert state to a balance object.
- * @returns {Balance}
- */
-
-TXDBState.prototype.toBalance = function toBalance() {
-  const balance = new Balance(this.wid, this.id, -1);
-  balance.unconfirmed = this.unconfirmed;
-  balance.confirmed = this.confirmed;
-  return balance;
-};
-
-/**
- * Serialize state.
- * @returns {Buffer}
- */
-
-TXDBState.prototype.toRaw = function toRaw() {
+Balance.prototype.toRaw = function toRaw() {
   const bw = new StaticWriter(32);
 
   bw.writeU64(this.tx);
@@ -2298,7 +2164,7 @@ TXDBState.prototype.toRaw = function toRaw() {
  * @returns {TXDBState}
  */
 
-TXDBState.prototype.fromRaw = function fromRaw(data) {
+Balance.prototype.fromRaw = function fromRaw(data) {
   const br = new BufferReader(data);
   this.tx = br.readU64();
   this.coin = br.readU64();
@@ -2308,25 +2174,25 @@ TXDBState.prototype.fromRaw = function fromRaw(data) {
 };
 
 /**
- * Instantiate txdb state from serialized data.
+ * Instantiate balance from serialized data.
+ * @param {Number} acct
  * @param {Buffer} data
  * @returns {TXDBState}
  */
 
-TXDBState.fromRaw = function fromRaw(wid, id, data) {
-  return new TXDBState(wid, id).fromRaw(data);
+Balance.fromRaw = function fromRaw(acct, data) {
+  return new Balance(acct).fromRaw(data);
 };
 
 /**
- * Convert state to a more json-friendly object.
+ * Convert balance to a more json-friendly object.
  * @param {Boolean?} minimal
  * @returns {Object}
  */
 
-TXDBState.prototype.toJSON = function toJSON(minimal) {
+Balance.prototype.toJSON = function toJSON(minimal) {
   return {
-    wid: !minimal ? this.wid : undefined,
-    id: !minimal ? this.id : undefined,
+    account: !minimal ? this.account : undefined,
     tx: this.tx,
     coin: this.coin,
     unconfirmed: this.unconfirmed,
@@ -2335,12 +2201,68 @@ TXDBState.prototype.toJSON = function toJSON(minimal) {
 };
 
 /**
- * Inspect the state.
- * @returns {Object}
+ * Inspect balance.
+ * @param {String}
  */
 
-TXDBState.prototype.inspect = function inspect() {
-  return this.toJSON();
+Balance.prototype.inspect = function inspect() {
+  return this;
+  return '<Balance'
+    + ` tx=${this.tx}`
+    + ` coin=${this.coin}`
+    + ` unconfirmed=${Amount.btc(this.unconfirmed)}`
+    + ` confirmed=${Amount.btc(this.confirmed)}`
+    + '>';
+};
+
+/**
+ * Balance Delta
+ * @constructor
+ * @ignore
+ */
+
+function BalanceDelta() {
+  this.wallet = new Balance();
+  this.accounts = new Map();
+}
+
+BalanceDelta.prototype.updated = function updated() {
+  return this.wallet.tx !== 0;
+};
+
+BalanceDelta.prototype.applyTo = function applyTo(balance) {
+  this.wallet.applyTo(balance);
+};
+
+BalanceDelta.prototype.get = function get(path) {
+  if (!this.accounts.has(path.account))
+    this.accounts.set(path.account, new Balance());
+
+  return this.accounts.get(path.account);
+};
+
+BalanceDelta.prototype.tx = function tx(path, value) {
+  const account = this.get(path);
+  account.tx = value;
+  this.wallet.tx = value;
+};
+
+BalanceDelta.prototype.coin = function coin(path, value) {
+  const account = this.get(path);
+  account.coin += value;
+  this.wallet.coin += value;
+};
+
+BalanceDelta.prototype.unconfirmed = function unconfirmed(path, value) {
+  const account = this.get(path);
+  account.unconfirmed += value;
+  this.wallet.unconfirmed += value;
+};
+
+BalanceDelta.prototype.confirmed = function confirmed(path, value) {
+  const account = this.get(path);
+  account.confirmed += value;
+  this.wallet.confirmed += value;
 };
 
 /**
diff --git a/lib/wallet/wallet.js b/lib/wallet/wallet.js
index 5e919262..37151746 100644
--- a/lib/wallet/wallet.js
+++ b/lib/wallet/wallet.js
@@ -2279,7 +2279,6 @@ Wallet.prototype.inspect = function inspect() {
     accountDepth: this.accountDepth,
     token: this.token.toString('hex'),
     tokenDepth: this.tokenDepth,
-    state: this.txdb.state ? this.txdb.state.toJSON(true) : null,
     master: this.master
   };
 };
@@ -2292,7 +2291,7 @@ Wallet.prototype.inspect = function inspect() {
  * @returns {Object}
  */
 
-Wallet.prototype.toJSON = function toJSON(unsafe) {
+Wallet.prototype.toJSON = function toJSON(unsafe, balance) {
   return {
     network: this.network.type,
     wid: this.wid,
@@ -2302,8 +2301,8 @@ Wallet.prototype.toJSON = function toJSON(unsafe) {
     accountDepth: this.accountDepth,
     token: this.token.toString('hex'),
     tokenDepth: this.tokenDepth,
-    state: this.txdb.state.toJSON(true),
-    master: this.master.toJSON(unsafe)
+    master: this.master.toJSON(unsafe),
+    balance: balance ? balance.toJSON(true) : null
   };
 };
 
diff --git a/test/wallet-test.js b/test/wallet-test.js
index 07633f7c..6fd301db 100644
--- a/test/wallet-test.js
+++ b/test/wallet-test.js
@@ -1380,8 +1380,7 @@ describe('Wallet', function() {
     t1.addInput(dummyInput());
     t1.addOutput(addr, 50000);
 
-    await alice.add(t1.toTX());
-    await bob.add(t1.toTX());
+    await wdb.addTX(t1.toTX());
 
     // Bob misses this tx!
     const t2 = new MTX();
@@ -1407,16 +1406,18 @@ describe('Wallet', function() {
 
     assert.strictEqual((await bob.getBalance()).unconfirmed, 50000);
 
-    await alice.add(t3.toTX());
-    await bob.add(t3.toTX());
+    await wdb.addTX(t3.toTX());
 
     assert.strictEqual((await alice.getBalance()).unconfirmed, 30000);
 
+    // t1 gets confirmed.
+    await wdb.addBlock(nextBlock(wdb), [t1.toTX()]);
+
     // Bob sees t2 on the chain.
-    await bob.add(t2.toTX(), nextBlock(wdb));
+    await wdb.addBlock(nextBlock(wdb), [t2.toTX()]);
 
     // Bob sees t3 on the chain.
-    await bob.add(t3.toTX(), nextBlock(wdb));
+    await wdb.addBlock(nextBlock(wdb), [t3.toTX()]);
 
     assert.strictEqual((await bob.getBalance()).unconfirmed, 30000);
   });
@@ -1440,8 +1441,7 @@ describe('Wallet', function() {
     t1.addInput(dummyInput());
     t1.addOutput(addr, 50000);
 
-    await alice.add(t1.toTX());
-    await bob.add(t1.toTX());
+    await wdb.addTX(t1.toTX());
 
     // Bob misses this tx!
     const t2a = new MTX();
@@ -1477,16 +1477,18 @@ describe('Wallet', function() {
 
     assert.strictEqual((await bob.getBalance()).unconfirmed, 20000);
 
-    await alice.add(t3.toTX());
-    await bob.add(t3.toTX());
+    await wdb.addTX(t3.toTX());
 
     assert.strictEqual((await alice.getBalance()).unconfirmed, 30000);
 
+    // t1 gets confirmed.
+    await wdb.addBlock(nextBlock(wdb), [t1.toTX()]);
+
     // Bob sees t2a on the chain.
-    await bob.add(t2a.toTX(), nextBlock(wdb));
+    await wdb.addBlock(nextBlock(wdb), [t2a.toTX()]);
 
     // Bob sees t3 on the chain.
-    await bob.add(t3.toTX(), nextBlock(wdb));
+    await wdb.addBlock(nextBlock(wdb), [t3.toTX()]);
 
     assert.strictEqual((await bob.getBalance()).unconfirmed, 30000);
   });