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# Chapter Six: Expanding Bitcoin Transactions # Chapter Seven: Expanding Bitcoin Transactions with PSBTs
Basic bitcoin transactions: (1) send funds; (2) to a single P2PKH or SegWit recipient; (3) immediately. However, all three parts of this definition can be expanded using more complex Bitcoin transactions, which can alternatively send data, which can send to a group of recipients, or which can send at a later time. These three options represent further empowerment of Bitcoin and also the furthest boundaries of what you can do with the basic `bitcoin-cli` command. The previous chapter discussed how to use multisigs to collaboratively determine consent among multiple parties. It's not the only way to collaborate in the creation of Bitcoin transactions. PSBTs are a much newer technology that allow you to collaborate in a variety of stages, including the creation, funding, and authentication of a Bitcoin transaction.
## Objectives for This Section ## Objectives for This Section
After working through this chapter, a developer will be able to: After working through this chapter, a developer will be able to:
* Create Multisignature Bitcoin Addresses * Create Transactions with PSBTs
* Create Transactions with Locktimes * Use Command Line Tools to Complete PSBTs
* Create Transactions with Data * Use HWI to Interact with a Hardware Wallet
Supporting objectives include the ability to: Supporting objectives include the ability to:
* Understand How to Spend Funds Sent to a Multisignature * Undestand How PSBTs Differ from Multisignatures
* Plan for the Power of Multisignatures * Plan for the power of PSBTs
* Understand the Different Sorts of Timelocks * Understand The Use of a Hardware Wallet
* Plan for the Power of Locktime
* Plan for the Power of OP_RETURN
## Table of Contents ## Table of Contents
* [Section One: Sending a Transaction with a Multsig](06_1_Sending_a_Transaction_to_a_Multisig.md) * [Section One: Creating a Partially Signed Bitcoin Transaction](07_1_Creating_a_Partially_Signed_Bitcoin_Transaction.md)
* [Section Two: Spending a Transaction with a Multsig](06_2_Spending_a_Transaction_to_a_Multisig.md) * [Section Two: Using a Partially Signed Bitcoin Transaction](07_2_Using_a_Partially_Signed_Bitcoin_Transaction.md)
* [Section Three: Sending & Spending an Automated Multisig](06_3_Sending_an_Automated_Multisig.md) * [Section Three: Integrating with Hardware Wallets](07_3_Integrating_with_Hardware_Wallets.md)
* [Section Four: Sending a Transaction with a Locktime](06_4_Sending_a_Transaction_with_a_Locktime.md)
* [Section Five: Sending a Transaction with Data](06_5_Sending_a_Transaction_with_Data.md)