Chapter Four: Sending Bitcoin Transactions

This chapter describes three different methods for sending bitcoins to normal P2PKH addresses from the command line, using only the bitcoin-cli interface.

Objectives for This Chapter

After working through this chapter, a developer will be able to:

• Decide How to Send Money Through Bitcoin
• Create a Raw Transaction
• Use Arithmetic to Calculate Fees

Supporting objectives include the ability to:

• Understand Transactions & Transaction Fees
• Understand Legacy & SegWit Transactions
• Use Basic Methods to Send Money
• Use Auto Fee Calculation Methods to Send Money
• Understand the Dangers of Raw Transactions

Table of Contents

• Section One: Sending Coins the Easy Way
• Section Two: Creating a Raw Transaction
  • Interlude: Using JQ
• Section Three: Creating a Raw Transaction with Named Arguments
• Section Four: Sending Coins with Raw Transactions
  • Interlude: Using Curl
• Section Five: Sending Coins with Automated Raw Transactions
• Section Six: Creating a SegWit Transaction