flywithu/Learning-Bitcoin-from-the-Command-Line
1
1
Fork 0
mirror of https://github.com/ChristopherA/Learning-Bitcoin-from-the-Command-Line.git synced 2025-06-07 16:06:26 +00:00
Code Issues Releases Wiki Activity

Create 04_4_Sending_Coins_with_a_Raw_Transaction.md

Browse Source
This commit is contained in:
Shannon Appelcline 2017-06-13 11:15:04 -07:00 committed by GitHub
parent b5ba1b4d2b
commit 22f8a3d5f5
1 changed files with 5 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

6
04_4_Sending_Coins_with_a_Raw_Transaction.md
View File

@ -2,7 +2,7 @@
> **NOTE:** This is a draft in progress, so that I can get some feedback from early reviewers. It is not yet ready for learning. > **NOTE:** This is a draft in progress, so that I can get some feedback from early reviewers. It is not yet ready for learning.
As noted at the start of this chapter, the `bitcoin-cli` interface offers three major ways to send coins. [§4.1](4_1_Sending_Coins_The_Easy_Way.md) talked about sending them the first way, using the `sendtoaddress` command. Since then, we've been building details on how to send coins a second way, with raw transactions. [§4.2](4_2_Creating_a_Raw_Transaction.md) taught how to create a raw transaction, an [Interlude](4_2__Interlude_Using_JQ.md) explained JQ, and [§4.3](4_3_Creating_a_Raw_Transaction_with_Named_Arguments.md) demonstrated named arguments. As noted at the start of this chapter, the `bitcoin-cli` interface offers three major ways to send coins. [§4.1](04_1_Sending_Coins_The_Easy_Way.md) talked about sending them the first way, using the `sendtoaddress` command. Since then, we've been building details on how to send coins a second way, with raw transactions. [§4.2](04_2_Creating_a_Raw_Transaction.md) taught how to create a raw transaction, an [Interlude](04_2__Interlude_Using_JQ.md) explained JQ, and [§4.3](04_3_Creating_a_Raw_Transaction_with_Named_Arguments.md) demonstrated named arguments.
We can now put those together and actually send funds using a raw transaction. We can now put those together and actually send funds using a raw transaction.
@ -133,3 +133,7 @@ To send coins with raw transactions, you need to create a raw transaction with o
_The advantages._ It gives you the best control. If your goal is to write a more intricate Bitcoin script or program, you'll probably use raw transactions so that you know exactly what's going on. This is also the _safest_ situation to use raw transactions, because you can programmatically ensure that you don't make mistakes. _The advantages._ It gives you the best control. If your goal is to write a more intricate Bitcoin script or program, you'll probably use raw transactions so that you know exactly what's going on. This is also the _safest_ situation to use raw transactions, because you can programmatically ensure that you don't make mistakes.
_The disadvantages._ It's easy to lose money. There are no warnings, no safeguards, and no programmatic backstops unless you write them. It's also arcane. The formatting is obnoxious, even using the easy-to-use `bitcoin-cli` interface, and you have to do a lot of lookup and calculation by hand. _The disadvantages._ It's easy to lose money. There are no warnings, no safeguards, and no programmatic backstops unless you write them. It's also arcane. The formatting is obnoxious, even using the easy-to-use `bitcoin-cli` interface, and you have to do a lot of lookup and calculation by hand.
## What's Next?
Continue "Sending Bitcoin Transactions" with [§4.5: Sending Coins with Automated Raw Transactions](04_5_Sending_Coins_with_Automated_Raw_Transactions.md).