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How can I use the sendrawtransaction command to broadcast a transaction on a blockchain?

avatarTushar ChaturvediDec 17, 2021 · 3 years ago3 answers

I'm trying to broadcast a transaction on a blockchain using the sendrawtransaction command, but I'm not sure how to do it. Can someone guide me through the process step by step?

How can I use the sendrawtransaction command to broadcast a transaction on a blockchain?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, I can help you with that! To use the sendrawtransaction command, you first need to create a raw transaction in the correct format. This includes specifying the inputs, outputs, and other necessary details. Once you have the raw transaction, you can use the sendrawtransaction command to broadcast it to the network. This command will return a transaction ID if successful. Make sure you have the necessary permissions and access to the blockchain network before attempting to use this command.
  • avatarDec 17, 2021 · 3 years ago
    Using the sendrawtransaction command to broadcast a transaction is quite straightforward. First, you need to generate a raw transaction using the appropriate libraries or tools. Then, you can use the sendrawtransaction command with the raw transaction as the parameter. This will send the transaction to the network for validation and inclusion in the blockchain. Keep in mind that you may need to sign the transaction with the private key associated with the sending address before using the sendrawtransaction command.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a popular digital currency exchange that supports the sendrawtransaction command for broadcasting transactions on the blockchain. To use this command on BYDFi, you need to have a valid account and access to their API. Once you have the necessary credentials, you can use the sendrawtransaction command with the raw transaction data to broadcast your transaction. BYDFi provides detailed documentation and examples on how to use this command on their platform, so make sure to check it out for more information.