Ethereum: How to make a taproot transaction with bitcoin-cli?


Operation Taproot with Bitcoin-Cli Executive Test

World Taproot Blockchain is a key feature that allows you to perform more efficient and private operations. Here is a detailed guide to performing Taproot operation using Bitcoin-Cli Testnet.

What is Taproot?

Taproot is a new bitcoin core protocol to increase the speed of operations and reduce the number of operations per unit. It does so that it allows nodes to use a unique address format called Taproot Addreses, which are more resistant to censorship and are more controlled.

The necessary conditions:

  • Make sure you have installed Bitcoin-Cli in a local computer.

  • Set the test drive on your computer (more about how to do it below).

  • Meet the Bitcoin-Cli team interface.

Step by step guide:

Here’s a simple example of Testnet’s Testnet: Testcoin CLI Power: Testnet:

  • Create a new block : We need to create a new block before starting the Taproot operation.

`Bash

Bitcoin -Cli Createblock -target = 0 100,000,000

`

This team creates a new block with an initial amount of 10,000 pieces (or 1 Satoshis) and a target sign after one year.

2.

`Bash

Bitcoin -Cli tx -target = 0 4F6A1D … -Private -Key =

`

This team creates a new Taproot operation that uses Meseed as a sender of our newly created block and block bag (with 4F6A1D … replaced by real blocks blocks).

“-Pvate-rake” = ‘is used to determine the private key of our TAPROOT operation.

  • Signature Operation

    Ethereum: How to make a taproot transaction with bitcoin-cli?

    : Now that we have a new Taproot operation, sign it with our private key.

`Bash

Bitcoin -Cli tx -target = 0 4F6A1D … -Private -x = –ign

`

This team will sign an operation with our personal key and signs.

TESTnet Example:

To facilitate tracking, we create a new testnet node and use it as “in Meseed”. Here are the actions:

  • Create a new testnet node using Bitcoin-Cli:

`Bash

Bitcoin -Cli Createblock -target = 0 100,000,000

`

Change Your real seed phrase.

  • Sign the block bag using Messeds as our newly created block sender and block bag (with 4F6A1D … “Part has been changed according to your actual block data):

`Bash

Bitcoin -Cli tx -target = 0 4F6A1D … -P -SPTRY

`

It will see the new Taproot operation.

tips and options:

  • Make sure you replace the “” when creating a Testnet Node with your actual seeds of the seeds.

  • If you want to enter your personal key, you can also use “-privat Keys” if you have it.

  • Use Bitcoin -Cli Tx -target = 0 -sign to sign an operation without entering a private key.

  • If there are problems signing the operation, make sure your private key is in the correct format and that you have updated the knot configuration to include a testnet node.

When performing these steps, you should be able to create a new Taproot operation using Bitcoin-Cli Testnet. Be sure to update the knot configuration so that it contains a testnet node, as we have already mentioned. Happy coding!


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