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Coding a Bitcoin Transaction with Rust and Creating an Address

Bitcoin: Bitcoin Transaction

Bitcoin is a decentralized diigital currency, that allows individuals to send and receive funds the next for the intermedies. One of the Key components of the Bitcoin is transaction, it is responsible for verify the coinship of ensers.

In this article, we’ll explore How to basic Bitcoin transaction, including anadress of the face feature. We’ll also discuss with the crotes we need and so are helpful resources.

Prerequisites*

Before you start coding, make yours you has a following installed:

You can install thees on following commands:


Install Rustam

curl --proto '=https' --tlsv1.2 -sSf | sh


Install Cargo

cargo init --bin

Creating a New Bitcoin Address

To this new Bitcoin address, we’ll have the the bitcoinjs-rust crathe, it is Rusts a Rusts of implementation of the Bitcoin proto.

First, add the following to your Cargo.toml file:

`toml

[dependencies]

bitcoin = "0.1"


Next, create a new script calledgenerate_address. and add the following code:

`'rust

application bitcoin::script::address:{script_pubkey, ScriptPubKey};

fn generate_address() -> ScriptPubKey {

let mut address = script_pubkey::ScriptPubKey::new_genesis();

address.set_pub_key(b'0x00', 0).unwrap();

eddress

}

This code a new Bitcoin private private key (000000000000000) 000000000000000000

Creating a New Transaction

To this new transaction, we'll use bitcoin-rustcrtheg, it's Rust implementation of the Bitcoin protocol.

First, add the following to yourCargo.tomlfile:

toml

[dependencies]

bitcoin = "0.1"

bitcoin-rust = "0.15"


Next, create a new script callednew_transaction.rsand add the following code:

'rust

application bitcoin::transaction::Transaction;

application bitcoin::script::script::{Amount, Script};

fn main() {

let sender_public_key = generate_address();

let the recer_public_key = generate_address();

// Create soome coins

letter amount = Amount::from_bytes([1, 0, 0, 0, 0, 1]).unwrap();

let fee = Amount::from_bytes([0, 0, 0, 0, 0, 100]).unwrap();

// Create a new transaction

let mut tx = Transaction::new(

sender_public_key,

recever_public_key,

None, // no 1

amount,

Come(fee),

None, // no fee

None, // no signature

Come(test”).unwrap(),

"transaction",

);

println!("Transaction: {}, tx);

}

This code a new Bitcoin transaction with two sender and receiving agriculture keys, an Amountof 1 unit, aFeeof ress().

Signing the Transactition

To sign the transaction, we’ll use bitcoin-rust crtheg. First, add the following to your Cargo.toml file:

`toml

[dependencies]

bitcoin = "0.1"

bitcoin-rust = "0.15"

`

Next, create a new script calledsign_transaction.rsand add the following code:

`’rust

application bitcoin::transaction::Transaction;

application bitcoin::script::script::{Amount, Script};

use bitcoin::secp256k1;

fn sign_transaction(tx: &mut Transaction) {

let the private_key = secp256k1::Keypair::new().unwrap();

tx.sign(private_key.private_key(), Some(&private_key.

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