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

Why is SKY rising +8% while other cryptocurrencies are in the red?

January 25, 2026

Do you have at least 10,000 XRP? An expert reveals what this means for you.

January 19, 2026

4 triggers for Q1 2026 that could push prices above $8

January 13, 2026
Add A Comment

Comments are closed.

Recent Posts

Bybit, Mantle, And Byreal Partner To Extend CeDeFi Access For $MNT On Solana Via Mantle Super Portal

January 27, 2026

ZetaChain 2.0 Launches With Anuma, Bringing Private Memory And AI Interoperability To Creators

January 27, 2026

Phemex Introduces Elite Trader Recruitment Program Focused On Professional Copy Trading

January 27, 2026

Husky Inu AI (HINU) completed a conversion to $0.00025833 and the cryptocurrency market rebounded, but the stablecoin market cap fell by more than $2 billion.

January 27, 2026

Towards 2026 – How Multi-Currency Cloud Mining Can Build Sustainable Daily Settlement Returns Of 5000 XRP

January 26, 2026

BlackRock supports Ethereum gatekeeping tokenization despite market share being threatened.

January 26, 2026

Crypto.Casino Launches To Bring Transparency And Trust To Crypto Casinos

January 26, 2026

Why is SKY rising +8% while other cryptocurrencies are in the red?

January 25, 2026

Uniswap Price Outlook As Ethereum’s Vitalik Buterin Offloads UNI Tokens

January 25, 2026

Ethereum Bulls Need to Conquer $3,050 Otherwise, momentum is lost quickly.

January 25, 2026

The Solana privacy coin just skyrocketed 60%, so why now?

January 25, 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

Bybit, Mantle, And Byreal Partner To Extend CeDeFi Access For $MNT On Solana Via Mantle Super Portal

January 27, 2026

ZetaChain 2.0 Launches With Anuma, Bringing Private Memory And AI Interoperability To Creators

January 27, 2026

Phemex Introduces Elite Trader Recruitment Program Focused On Professional Copy Trading

January 27, 2026
Most Popular

🔥Weekly Altcoin Report: GAU +1,963% (30 days)

February 19, 2024

Kakao and Line Launch Layer 1 Blockchain Mainnet

August 29, 2024

Cardano price falls as traders prepare for potential rebound

October 19, 2024
  • 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.