To create a raw transaction using the Bitcoin command-line interface (bitcoin-cli), you can follow these steps:

1. **Create the Raw Transaction:**

- The `createrawtransaction` command allows you to create a transaction spending specific inputs and creating new outputs. The inputs are specified as a JSON array, and the outputs can be either addresses or data.

- Here's the basic syntax:

```

bitcoin-cli createrawtransaction "[{\"txid\":\"myid\",\"vout\":0}]" "[{\"address\":0.01}]"

```

Replace `"myid"` with the actual transaction ID (txid) and `0` with the corresponding output index (vout). The output amount is specified as `0.01 BTC` in this example.

2. **Sign the Raw Transaction:**

- After creating the raw transaction, you need to sign it using the `signrawtransactionwithkey` command. This step ensures that the transaction is valid and authorized.

- You'll need the private keys corresponding to the inputs used in the transaction.

3. **Broadcast the Signed Transaction:**

- Finally, use the `sendrawtransaction` command to broadcast the signed transaction to the Bitcoin network.

- The signed transaction will be propagated to other nodes and included in the blockchain.

Remember to replace the placeholders (`myid`, `0.01`, etc.) with actual values relevant to your use case. If you have additional inputs or outputs, adjust the command accordingly. 😊

For more details, you can refer to the [official Bitcoin documentation](https://developer.bitcoin.org/reference/rpc/createrawtransaction.html).¹

Source:

(1) createrawtransaction — Bitcoin. https://developer.bitcoin.org/reference/rpc/createrawtransaction.html.

(2) Broadcasting a raw transactions on bitcoin network. https://bitcoin.stackexchange.com/questions/107210/broadcasting-a-raw-transactions-on-bitcoin-network.

(3) BitCoin - how to build raw transaction? - Stack Overflow. https://stackoverflow.com/questions/38152663/bitcoin-how-to-build-raw-transaction.

(4) undefined. http://127.0.0.1:8332/.

#plebchain

Reply to this note

Please Login to reply.

Discussion

No replies yet.