Partially Signed Bitcoin Transactions (PSBTs) are a standardized way of representing a Bitcoin transaction and its signatures, allowing different parties to collaborate in creating a transaction without sharing private keys. PSBTs are often used in multi-signature setups or with hardware wallets. In this article we’ll discover more about how Bitcoin Script can be created with […]
Taproot” is an upgrade to the Bitcoin network that aims to enhance privacy, improve scripting flexibility, and optimize the use of resources. Let me break it down into simpler terms: In summary, Taproot is like an upgrade for Bitcoin that makes transactions more private, scripting more flexible, and resource usage more efficient. It’s a step […]
Here we continue trying out BDK and learning to use it with Rust : By the end of this article our code will do the following : During testing I had this “Dust” error, so let’s just cover that first… BDK – Error: OutputBelowDustLimit(0) When testing on Testnet you may come across errors with the […]
Error handling is a crucial aspect of writing robust and reliable code. In Rust, two common types for representing potential errors are Option and Result. While both are useful, there are situations where using Result provides a more expressive and idiomatic way to handle errors, especially when dealing with functions that can fail due to […]
This hex representation corresponds to the locking script (scriptPubKey) in a Pay-to-Witness-Public-Key-Hash (P2WPKH) output. When a Bitcoin transaction creates an output with this script, it essentially “locks” the funds to the specified conditions. Let’s dissect an example, the following is a hexadecimal representation of a P2WPKH script: Breaking it down: Now, let’s explain each part: […]
