diff --git a/src/wallet.js b/src/wallet.js
index 1466774..dfd0b5f 100644
--- a/src/wallet.js
+++ b/src/wallet.js
@@ -137,7 +137,15 @@ function Wallet(seed, network) {
     return value == undefined
   }
 
-  this.processTx = function(tx, isPending) {
+  this.processPendingTx = function(tx){
+    processTx(tx, true)
+  }
+
+  this.processConfirmedTx = function(tx){
+    processTx(tx, false)
+  }
+
+  function processTx(tx, isPending) {
     var txhash = tx.getHash()
 
     tx.outs.forEach(function(txOut, i){
diff --git a/test/wallet.js b/test/wallet.js
index 2f96899..92e0462 100644
--- a/test/wallet.js
+++ b/test/wallet.js
@@ -252,7 +252,7 @@ describe('Wallet', function() {
     })
   })
 
-  describe('processTx', function(){
+  describe('Process transaction', function(){
     var addresses
     var tx
 
@@ -266,100 +266,105 @@ describe('Wallet', function() {
       tx = Transaction.fromHex(fixtureTx1Hex)
     })
 
-    it('does not fail on scripts with no corresponding Address', function() {
-      var pubKey = wallet.getPrivateKey(0).pub
-      var script = Script.createPubKeyScriptPubKey(pubKey)
-      var tx2 = new Transaction()
-      tx2.addInput(fakeTxHash(1), 0)
+    describe("processPendingTx", function(){
+      it("sets the pending flag on output", function(){
+        wallet.addresses = [addresses[0]]
+        wallet.processPendingTx(tx)
 
-      // FIXME: Transaction doesn't support custom ScriptPubKeys... yet
-      // So for now, we hijack the script with our own, and undefine the cached address
-      tx2.addOutput(addresses[0], 10000)
-      tx2.outs[0].script = script
-      tx2.outs[0].address = undefined
-
-      wallet.processTx(tx2)
+        verifyOutputAdded(0, true)
+      })
     })
 
-    describe("when tx outs contains an address owned by the wallet, an 'output' gets added to wallet.outputs", function(){
-      it("works for receive address", function(){
-        var totalOuts = outputCount()
+    describe('processConfirmedTx', function(){
 
-        wallet.addresses = [addresses[0]]
-        wallet.processTx(tx)
+      it('does not fail on scripts with no corresponding Address', function() {
+        var pubKey = wallet.getPrivateKey(0).pub
+        var script = Script.createPubKeyScriptPubKey(pubKey)
+        var tx2 = new Transaction()
+        tx2.addInput(fakeTxHash(1), 0)
 
-        assert.equal(outputCount(), totalOuts + 1)
-        verifyOutputAdded(0)
+        // FIXME: Transaction doesn't support custom ScriptPubKeys... yet
+        // So for now, we hijack the script with our own, and undefine the cached address
+        tx2.addOutput(addresses[0], 10000)
+        tx2.outs[0].script = script
+        tx2.outs[0].address = undefined
+
+        wallet.processConfirmedTx(tx2)
       })
 
-      it("works for change address", function(){
-        var totalOuts = outputCount()
-        wallet.changeAddresses = [addresses[1]]
+      describe("when tx outs contains an address owned by the wallet, an 'output' gets added to wallet.outputs", function(){
+        it("works for receive address", function(){
+          var totalOuts = outputCount()
 
-        wallet.processTx(tx)
-
-        assert.equal(outputCount(), totalOuts + 1)
-        verifyOutputAdded(1)
-      })
-
-      describe("when the pending flag is set", function(){
-        it("sets the pending flag on output", function(){
           wallet.addresses = [addresses[0]]
-          wallet.processTx(tx, true)
+          wallet.processConfirmedTx(tx)
 
-          verifyOutputAdded(0, true)
+          assert.equal(outputCount(), totalOuts + 1)
+          verifyOutputAdded(0, false)
+        })
+
+        it("works for change address", function(){
+          var totalOuts = outputCount()
+          wallet.changeAddresses = [addresses[1]]
+
+          wallet.processConfirmedTx(tx)
+
+          assert.equal(outputCount(), totalOuts + 1)
+          verifyOutputAdded(1, false)
+        })
+
+        function outputCount(){
+          return Object.keys(wallet.outputs).length
+        }
+
+      })
+
+      describe("when tx ins outpoint contains a known txhash:i, the corresponding 'output' gets updated", function(){
+        beforeEach(function(){
+          wallet.addresses = [addresses[0]] // the address fixtureTx2 used as input
+          wallet.processConfirmedTx(tx)
+
+          tx = Transaction.fromHex(fixtureTx2Hex)
+        })
+
+        it("does not add to wallet.outputs", function(){
+          var outputs = wallet.outputs
+          wallet.processConfirmedTx(tx)
+          assert.deepEqual(wallet.outputs, outputs)
+        })
+
+        it("sets spend with the transaction hash and input index", function(){
+          wallet.processConfirmedTx(tx)
+
+          var txIn = tx.ins[0]
+          var key = txIn.outpoint.hash + ":" + txIn.outpoint.index
+          var output = wallet.outputs[key]
+
+          assert.equal(output.spend, tx.getHash() + ':' + 0)
         })
       })
 
-      function outputCount(){
-        return Object.keys(wallet.outputs).length
-      }
-
-      function verifyOutputAdded(index, pending) {
-        var txOut = tx.outs[index]
-        var key = tx.getHash() + ":" + index
-        var output = wallet.outputs[key]
-        assert.equal(output.receive, key)
-        assert.equal(output.value, txOut.value)
-        assert.equal(output.pending, pending)
-
-        var txOutAddress = Address.fromScriptPubKey(txOut.script).toString()
-        assert.equal(output.address, txOutAddress)
-      }
-    })
-
-    describe("when tx ins outpoint contains a known txhash:i, the corresponding 'output' gets updated", function(){
-      beforeEach(function(){
-        wallet.addresses = [addresses[0]] // the address fixtureTx2 used as input
-        wallet.processTx(tx)
-
-        tx = Transaction.fromHex(fixtureTx2Hex)
-      })
-
-      it("does not add to wallet.outputs", function(){
+      it("does nothing when none of the involved addresses belong to the wallet", function(){
         var outputs = wallet.outputs
-        wallet.processTx(tx)
+        wallet.processConfirmedTx(tx)
         assert.deepEqual(wallet.outputs, outputs)
       })
-
-      it("sets spend with the transaction hash and input index", function(){
-        wallet.processTx(tx)
-
-        var txIn = tx.ins[0]
-        var key = txIn.outpoint.hash + ":" + txIn.outpoint.index
-        var output = wallet.outputs[key]
-
-        assert.equal(output.spend, tx.getHash() + ':' + 0)
-      })
     })
 
-    it("does nothing when none of the involved addresses belong to the wallet", function(){
-      var outputs = wallet.outputs
-      wallet.processTx(tx)
-      assert.deepEqual(wallet.outputs, outputs)
-    })
+    function verifyOutputAdded(index, pending) {
+      var txOut = tx.outs[index]
+      var key = tx.getHash() + ":" + index
+      var output = wallet.outputs[key]
+      assert.equal(output.receive, key)
+      assert.equal(output.value, txOut.value)
+      assert.equal(output.pending, pending)
+
+      var txOutAddress = Address.fromScriptPubKey(txOut.script).toString()
+      assert.equal(output.address, txOutAddress)
+    }
   })
 
+
   describe('createTx', function(){
     var to, value
     var address1, address2