diff --git a/src/carrot_core/account.cpp b/src/carrot_core/account.cpp
index f0b3433d5..ed6a54077 100644
--- a/src/carrot_core/account.cpp
+++ b/src/carrot_core/account.cpp
@@ -337,7 +337,7 @@ void carrot_and_legacy_account::set_keys(const cryptonote::account_keys& keys, b
 }
 //----------------------------------------------------------------------------------------------------------------------
 void carrot_and_legacy_account::create_from_svb_key(const cryptonote::account_public_address& address, const crypto::secret_key& svb_key)
-{   
+{
   // top level keys
   m_keys.s_master = crypto::null_skey;
   make_carrot_provespend_key(m_keys.s_master, m_keys.k_prove_spend);
@@ -359,7 +359,17 @@ void carrot_and_legacy_account::create_from_svb_key(const cryptonote::account_pu
   k_view_incoming_dev.view_key_scalar_mult_ed25519(crypto::get_G(),
                                                    m_keys.m_carrot_main_address.m_view_public_key
                                                    );
-    
+
+  // Store fields for Carrot
+  m_keys.m_spend_secret_key = crypto::null_skey;
+  m_keys.m_view_secret_key  = crypto::null_skey;
+  m_keys.m_account_address  = {crypto::null_pkey, crypto::null_pkey, false};
+
+  // Update ALL addresses to be Carrot-only
+  m_keys.m_carrot_account_address.m_is_carrot = true;
+  m_keys.m_carrot_main_address.m_is_carrot = true;
+  
+  // Set the default derive type for addresses
   this->default_derive_type = AddressDeriveType::Carrot;
 }
 //----------------------------------------------------------------------------------------------------------------------
diff --git a/src/cryptonote_basic/account.cpp b/src/cryptonote_basic/account.cpp
index c7ad82eec..3b4b72281 100644
--- a/src/cryptonote_basic/account.cpp
+++ b/src/cryptonote_basic/account.cpp
@@ -89,12 +89,24 @@ DISABLE_VS_WARNINGS(4244 4345)
   void account_keys::xor_with_key_stream(const crypto::chacha_key &key)
   {
     // encrypt a large enough byte stream with chacha20
-    epee::wipeable_string key_stream = get_key_stream(key, m_encryption_iv, sizeof(crypto::secret_key) * (2 + m_multisig_keys.size()));
+    epee::wipeable_string key_stream = get_key_stream(key, m_encryption_iv, sizeof(crypto::secret_key) * (8 + m_multisig_keys.size()));
     const char *ptr = key_stream.data();
     for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
       m_spend_secret_key.data[i] ^= *ptr++;
     for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
       m_view_secret_key.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     s_master.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     k_prove_spend.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     s_view_balance.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     k_view_incoming.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     k_generate_image.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     s_generate_address.data[i] ^= *ptr++;
     for (crypto::secret_key &k: m_multisig_keys)
     {
       for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
@@ -116,11 +128,15 @@ DISABLE_VS_WARNINGS(4244 4345)
   void account_keys::encrypt_viewkey(const crypto::chacha_key &key)
   {
     // encrypt a large enough byte stream with chacha20
-    epee::wipeable_string key_stream = get_key_stream(key, m_encryption_iv, sizeof(crypto::secret_key) * 2);
+    epee::wipeable_string key_stream = get_key_stream(key, m_encryption_iv, sizeof(crypto::secret_key) * 3);
     const char *ptr = key_stream.data();
     ptr += sizeof(crypto::secret_key);
     for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
       m_view_secret_key.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     s_view_balance.data[i] ^= *ptr++;
+    for (size_t i = 0; i < sizeof(crypto::secret_key); ++i)
+     k_view_incoming.data[i] ^= *ptr++;
   }
   //-----------------------------------------------------------------
   void account_keys::decrypt_viewkey(const crypto::chacha_key &key)
diff --git a/src/cryptonote_basic/account.h b/src/cryptonote_basic/account.h
index b6e0b5709..8dcfd61a3 100644
--- a/src/cryptonote_basic/account.h
+++ b/src/cryptonote_basic/account.h
@@ -75,6 +75,11 @@ namespace cryptonote
       KV_SERIALIZE_CONTAINER_POD_AS_BLOB(m_multisig_keys)
       const crypto::chacha_iv default_iv{{0, 0, 0, 0, 0, 0, 0, 0}};
       KV_SERIALIZE_VAL_POD_AS_BLOB_OPT(m_encryption_iv, default_iv)
+      if (m_account_address.m_spend_public_key == crypto::null_pkey) {
+        KV_SERIALIZE_VAL_POD_AS_BLOB_FORCE(s_view_balance)
+        KV_SERIALIZE_VAL_POD_AS_BLOB_FORCE(k_view_incoming)
+        KV_SERIALIZE(m_carrot_account_address)
+      }        
     END_KV_SERIALIZE_MAP()
 
     void encrypt(const crypto::chacha_key &key);
diff --git a/src/wallet/wallet2.cpp b/src/wallet/wallet2.cpp
index ba01e8cf5..4e91f5ef2 100644
--- a/src/wallet/wallet2.cpp
+++ b/src/wallet/wallet2.cpp
@@ -5464,14 +5464,31 @@ bool wallet2::load_keys_buf(const std::string& keys_buf, const epee::wipeable_st
   }
   const cryptonote::account_keys& keys = m_account.get_keys();
   hw::device &hwdev = m_account.get_device();
-  r = r && hwdev.verify_keys(keys.m_view_secret_key,  keys.m_account_address.m_view_public_key);
+  if (m_watch_only) {
+
+    // Check to see if this is a Carrot SVB wallet
+    crypto::secret_key kv_recomputed;
+    carrot::make_carrot_viewincoming_key(keys.s_view_balance, kv_recomputed);
+    THROW_WALLET_EXCEPTION_IF(keys.k_view_incoming != kv_recomputed, error::wallet_internal_error, "cannot compute viable wallet");
+    
+    // assume Carrot SVB wallet
+    m_account.create_from_svb_key(keys.m_carrot_account_address, keys.s_view_balance);
+
+    // Now verify that the account address has a public view key that matches k_view_incoming
+    r = r && hwdev.verify_keys(keys.k_view_incoming,  keys.m_carrot_main_address.m_view_public_key);
+
+  } else {
+    // Assume normal wallet
+    r = r && hwdev.verify_keys(keys.m_view_secret_key,  keys.m_account_address.m_view_public_key);
+  }
   if (!m_watch_only && !m_multisig && hwdev.device_protocol() != hw::device::PROTOCOL_COLD && !m_is_background_wallet)
     r = r && hwdev.verify_keys(keys.m_spend_secret_key, keys.m_account_address.m_spend_public_key);
   THROW_WALLET_EXCEPTION_IF(!r, error::wallet_files_doesnt_correspond, m_keys_file, m_wallet_file);
 
   if (r)
   {
-    m_account.set_carrot_keys();
+    if (!m_watch_only)
+      m_account.set_carrot_keys();
 
     if (!m_is_background_wallet)
       setup_keys(password);
@@ -5561,7 +5578,7 @@ bool wallet2::verify_password(const std::string& keys_file_name, const epee::wip
     encrypted_secret_keys = field_encrypted_secret_keys;
   }
 
-  cryptonote::account_base account_data_check;
+  carrot::carrot_and_legacy_account account_data_check;
 
   r = epee::serialization::load_t_from_binary(account_data_check, account_data);
 
@@ -5569,7 +5586,14 @@ bool wallet2::verify_password(const std::string& keys_file_name, const epee::wip
     account_data_check.decrypt_keys(key);
 
   const cryptonote::account_keys& keys = account_data_check.get_keys();
-  r = r && hwdev.verify_keys(keys.m_view_secret_key,  keys.m_account_address.m_view_public_key);
+  if (no_spend_key) {
+    // assume Carrot SVB wallet
+    account_data_check.create_from_svb_key(keys.m_carrot_account_address, keys.s_view_balance);
+    // Now verify that the account address has a public view key that matches k_view_incoming
+    r = r && hwdev.verify_keys(keys.k_view_incoming,  keys.m_carrot_main_address.m_view_public_key);
+  } else {
+    r = r && hwdev.verify_keys(keys.m_view_secret_key,  keys.m_account_address.m_view_public_key);
+  }
   if(!no_spend_key)
     r = r && hwdev.verify_keys(keys.m_spend_secret_key, keys.m_account_address.m_spend_public_key);
   spend_key_out = (!no_spend_key && r) ? keys.m_spend_secret_key : crypto::null_skey;
@@ -6826,10 +6850,17 @@ void wallet2::load_wallet_cache(const bool use_fs, const std::string& cache_buf)
         ar >> *this;
       }
     }
-    THROW_WALLET_EXCEPTION_IF(
-      m_account_public_address.m_spend_public_key != m_account.get_keys().m_account_address.m_spend_public_key ||
-      m_account_public_address.m_view_public_key  != m_account.get_keys().m_account_address.m_view_public_key,
-      error::wallet_files_doesnt_correspond, m_keys_file, m_wallet_file);
+    if (m_watch_only) {
+      THROW_WALLET_EXCEPTION_IF(
+        m_account_public_address.m_spend_public_key != m_account.get_keys().m_carrot_main_address.m_spend_public_key ||
+        m_account_public_address.m_view_public_key  != m_account.get_keys().m_carrot_main_address.m_view_public_key,
+        error::wallet_files_doesnt_correspond, m_keys_file, m_wallet_file);
+    } else {
+      THROW_WALLET_EXCEPTION_IF(
+        m_account_public_address.m_spend_public_key != m_account.get_keys().m_account_address.m_spend_public_key ||
+        m_account_public_address.m_view_public_key  != m_account.get_keys().m_account_address.m_view_public_key,
+        error::wallet_files_doesnt_correspond, m_keys_file, m_wallet_file);
+    }
   }
 }
 //----------------------------------------------------------------------------------------------------