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/.
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