Signature of Bitcoin Transactions with Bitcoind is Bitcoin-Cli

How you discovered, create and sign Bitcoin transactions withBitcoindis Bitcoin-Cli can be a little complicated. In this article, we will explore the differences between these two tools and provide step-by-step instructions on how to sign Bitcoin transactions using only these bees.

Why doesn’t it work?

Before immersing yourself in the solution, let’s briefly discuss that the signing of the transactions could fail with “Signrawtransation”. The main reasons are:

• Format of the private key : the private key used for the signing of transactions in bitcoin-CLI must be in a specific format, which is different from the format provided by the CraitetheraNWTRENSATION API.

• Key format : Bitcoind expects your private keys in a Pem format, while the CreatmentNSotition opposite bees requires them in a PGP format.

Signature transactions with Bitcoin-Cli

To sign Bitcoin transactions using only Bitcoin-Cli, you will have to:

1

• Opens the private key: convert the private key from the PEM format to the PGP format using the -W , for example:

`Bash

Bitcoin -Cli -W /path/to/your/key.pem

`

Here is a snippet of example code that shows how to sign a transaction using onlyBitcoin-Cli:

Bash

Create a new wallet

Bitcoin -Cli -W /path/to/your/key.pem Createadress

Opens your private key

Bitcoin -Cli -W /path/to/your/key.pem -C PrivateKey.pgp

Create a transaction with the newly created portfolio

Transaction = Bitcoin -Cli -W /path/to/your/key.pem C teatraWTransation 0x1234567890Abcdef

Sign the transaction

Transactionsig = bitcoin -cli -w /path/to/your/key.pem SignraWTransation “Your_Transation_Hash_here”

`

Signature transactions withBitcoind

To sign Bitcoin transactions using onlyBitcoind, you will have to:

• Opens the private key: convert the private key from the PEM format to the PGP format using the-W , for example:

Bash

Bitcoind -q -w /path/to/your/key.pem Importprivatekey

`

Here is a snippet of example code that shows how to sign a transaction using onlyBitcoind ‘:

`Bash

Create a new wallet

Bitcoind -q -w /path/to/your/key.pem Importprivatekey

Create a transaction with the newly created portfolio

Transaction = Bitcoind -q CTaretraWTransation 0x1234567890ABCDEF

Sign the transaction

Transactionsig = bitcoind -Q Firmransation “Your_Transection_Hash_here”

`

The signing of Bitcoin transactions withBitcoindis Bitcoin-Cli can be reached using only these bees, but requires a private key format and a key format. Following the passages outlined in this article, it is now necessary to have the knowledge necessary to create and sign Bitcoin transactions using both tools.

Remember to always use your private keys safely and follow the best practices to manage them.

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