Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»wallet – Create and sign transactions locally in Ruby
BITCOIN NEWS

wallet – Create and sign transactions locally in Ruby

By Crypto FlexsMay 13, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
wallet – Create and sign transactions locally in Ruby
Share
Facebook Twitter LinkedIn Pinterest Email

So I’m using public node for Bitcoin node integration and previously I used sendtoaddress method to build, sign and broadcast transactions on the node. But now the sendtoaddress method is not allowed on public nodes due to privacy reasons due to private key disclosure, so we have to create, sign and broadcast the transaction locally offline. I’m using Ruby on Rails (openware/peatio). Here is my code so far: I am using the Bitcoinrb gem ( https://rubygems.org/gems/bitcoinrb ).

TESTNET_BASE_URL = "https://blockstream.info/testnet/api/address/".freeze
MAINNET_BASE_URL = "https://blockstream.info/api/address/".freeze



def create_transaction!(transaction, options = )
  env = @currency.dig(:key)&.include?('testnet') ? "testnet" : "mainnet"
  ::Bitcoin.chain_params=(env)
  key = ::Bitcoin::Key.new(priv_key: @wallet.fetch(:secret))
  url = @currency.dig(:key)&.include?('testnet') ? TESTNET_BASE_URL : MAINNET_BASE_URL
  response = URI.open(url + "#@wallet(:address)/utxo")
  utxos = JSON.parse(response.read)
  trx = build_trx(utxos.first, transaction.to_address, transaction.amount)
  trx = sign_transaction(trx, @wallet.fetch(:secret))


  signed_trx = client.json_rpc(:sendrawtransaction, "hexstring": trx.to_payload.bth, maxfeerate: 0)
  Rails.logger.warn  "-=-=-=sendrawtransaction-=-=- #signed_trx.inspect -=-=-=-=-=-=-=-=" 
  signed_trx
rescue Bitcoind::Client::Error => e 
  raise Peatio::Wallet::ClientError, e
end

def sign_transaction(tx, private_key)
  key = Bitcoin::Key.new(priv_key: private_key)
  tx.inputs.each_with_index do |input, index|
    script_pubkey = Bitcoin::Script.to_p2pkh(key.pubkey)
    input.script_sig = script_pubkey
  end
end

def build_trx(utxo, recipient_address, amount)
  tx = Bitcoin::Tx.new
  tx_in = Bitcoin::TxIn.new(out_point: Bitcoin::OutPoint.new(utxo("txid"), utxo("vout").to_i))
  tx.inputs << tx_in
  tx_out = Bitcoin::TxOut.new(value: amount.to_f, script_pubkey: Bitcoin::Script.to_p2pkh(recipient_address))
  tx.outputs << tx_out
  tx
end

However, the output of sendrawtrasnaction is:

"statusCode":403,"errorCode":"btc.blockchain.broadcast.error","message":"Unable to broadcast transaction.","cause":"Request failed with status code 500","dashboardLog":"https://dashboard.tatum.io/logs?id=663f683a798bb0f969fc3760"

Please let me know if I need to do it any other way. If I’m doing something wrong or missing something, I’d appreciate some help.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin expansion for DeFi users

April 1, 2026

Bitmine Crypto Strategy Tracking: How much Bitcoin and Ethereum does the company hold?

March 26, 2026

Ethereum Exchange Inflow Signal Turns: Whales Reduce Selling Pressure

March 20, 2026
Add A Comment

Comments are closed.

Recent Posts

Stablecoin expansion for DeFi users

April 1, 2026

Is the Ethereum price recovery beginning and a breakout brewing now?

April 1, 2026

Berachain (BERA) -The Next Generation Blockchain Powering Liquidity-Driven DeFi Growth

April 1, 2026

BYDFi celebrates its 6th anniversary with a month-long celebration built for reliability.

April 1, 2026

Bybit Boosts Earn Carnival With Bonus APR And New 1.2 Million USDT Prize Pool

April 1, 2026

ORBS) Reports Total Holdings Of $326 Million, Includes Nearly 280 Million Worldcoin And Over 11,000 ETH

March 31, 2026

Ethereum price slides as Peter Brandt warns of further f

March 31, 2026

BYDFi Marks 6th Anniversary With Month-Long Celebration, Built For Reliability

March 31, 2026

Selling is highly likely as demand weakens and ‘real’ interest rates soar.

March 31, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.732 Million Tokens, And Total Crypto And Total Cash Holdings Of $10.7 Billion

March 30, 2026

Bitcoin faces worst six-month decline since 2018, five takeaways

March 30, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stablecoin expansion for DeFi users

April 1, 2026

Is the Ethereum price recovery beginning and a breakout brewing now?

April 1, 2026

Berachain (BERA) -The Next Generation Blockchain Powering Liquidity-Driven DeFi Growth

April 1, 2026
Most Popular

Uncover the Secrets of LibertyCoin: The Ultimate Guide to the Revolutionary Cryptocurrency – The Defi Info

February 5, 2024

Final Bitcoin ETF Application Document Posted on Major U.S. Exchanges

January 5, 2024

NVIDIA’s Cuml improves the tribe -based model reasoning with the forest reasoning library.

June 9, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.