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  • Intro
    • Welcome
    • The Benefits of BSV Blockchain
    • What Can I Do?
    • Overview of GitHub repositories
    • Quick Start
  • Protocol
    • Introduction
    • BSV Blockchain
      • Blocks
      • Transactions
      • Proof of Work
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      • Table of Contents
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      • PART I - MASTER RULES
      • PART II - GENERAL RULES
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      • PART IV - DISPUTE RESOLUTION RULES
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        • BEEF
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      • TypeScript
        • Node, CommonJS
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          • Numbers & Points
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        • Examples
          • Creating a Simple Transaction
          • Verifying a BEEF Structure
          • Creating Transactions with Inputs, Outputs and Templates
          • Creating the R-puzzle Script Template
          • Message Encryption and Decryption
          • Message Signing
          • Building a Custom Transaction Broadcast Client
          • Verifying Spends with Script Intrepreter
          • BIP32 Key Derivation with HD Wallets
          • Using Type 42 Key Derivation for Bitcoin Wallet Management
          • Creating a Custom Transaction Fee Model
          • Building a Pulse Block Headers Client
          • Using ECIES Encryption
      • Go
        • Examples
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          • Merkle Path Verification
      • Python
        • Examples
          • Simple Tx
          • Verifying BEEF
          • Complex Tx
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          • Encryption
          • Message Signing
          • Building A Custom Broadcaster
          • HD Wallets
          • Linked Keys
          • Fees
          • Merkle Path Verification
          • ECIES
  • BSV Academy
    • Getting Started
    • BSV Basics: Protocol and Design
      • Introduction
        • Bit-Coin
      • The BSV Ledger
        • The Ledger
        • Triple Entry Accounting
        • Example
      • Coins and Transactions
        • Coins
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        • Transaction Fees
      • Theory
      • Conclusion
    • BSV Enterprise
      • Introduction
      • About BSV Blockchain
        • Introduction
        • Safe, Instant Transactions at a Predictably Low Cost
          • Reliably Low Fees
          • Comparison to Legacy Transaction Systems
          • Payment Channels
        • Scalability to Accommodate Global Demand
          • Big Blocks Show Big Potential
        • A Plan for Regulatory Acceptance
          • Ready-made Compliance
          • The Open BSV License
        • Protocol Stability
          • Building Foundations on a Bedrock of Stone
      • Technical Details
        • The Network
          • The Small World Network
          • Robust In Its Unstructured Simplicity
        • The Bitcoin SV Node Client
          • Teranode - The Future of BSV
        • The Protocol - Simple, Robust and Unbounded
          • What is the BSV Protocol?
        • Proof of Work
          • The Algorithm
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        • Privacy and Identity
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      • Resources and Tools
        • The Technical Standards Comittee
          • TSC Principles
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        • The Working Blockchain
          • Pruning to Create a Working Blockchain
          • Building a Working Blockchain from a List of Block Headers
          • A World View Backed by Proof of Work
    • Hash Functions
      • What are Hash Functions?
        • The Differences Between Hashing and Encryption
        • The Three Important Properties of Hash Functions
        • The Hash Functions Found in BSV
      • Base58 and Base58Check
        • What is Base58 and Why Does Bitcoin use it?
        • What is Base58 and How Does BSV use it?
      • SHA256
        • BSV Transactions and SHA-256
        • BSV Blocks and SHA-256
        • Proof-of-Work and HASH-256
      • Walkthrough Implementation of SHA-256 in Golang
        • Overview of SHA-256
        • SHA-256 Input and Processing
        • SHA-256 Compression
        • SHA-256 Final Value Construction and Output
      • RIPEMD-160
        • BSV Addresses & WIFs
      • Walkthrough Implementation of RIPEMD-160 in Golang
        • Overview of RIPEMD-160
        • RIPEMD-160 Input and Processing
        • RIPEMD-160 Compression
        • RIPEMD-160 Final Value Construction and Output
      • Doubla Hashing and BSV's Security
        • Why is Double Hashing Used in BSV
        • Hash Functions and BSV's Security Model
    • Merkle Trees
      • The Merkle Tree
        • What is a Merkle Tree?
        • Why use a Merkle Tree?
        • Merkle Trees in Action
      • Merkles Trees in BSV
        • The Data Elements
        • Transaction Merkle Trees
        • Transaction Merkle Trees in Action
      • Merkle Trees and the Block Header
        • What is the Block Header
        • The Hash Puzzle
        • Proof-of-Work in Action
      • Merkle trees and Verifying Proof of Work
        • Broadcasting the Block
        • The Coinbase Transaction
        • Data Integrity of the Block
        • Saving Disk Space
      • Standarised Merkle Proof
        • What is a Merkle Proof?
        • The BSV Unified Merkle Path (BUMP) Standard
        • Simple and Composite Proofs
      • Merkle Trees and Simplified Payment Verification
        • SPV
        • Offline Payments
    • Digital Signatures
      • What are Digital Signatures
        • Background
        • Introduction
        • Digital Signatures Protocol
        • Properties of Digital Signatures
      • ECDSA Prerequisites
        • Disclaimer
        • Modular Arithmetic
        • Groups, Rings and Finite Fields
        • Discrete Logarithm Problem
        • Elliptic Curve Cryptography (ECC)
        • Discrete Logarithm Problem with Elliptic Curves
      • ECDSA
        • Introduction
        • ECDSA
        • Further Discussion
      • BSV and Digital Signatures
        • Introduction
        • BSV Transaction
        • ECDSA (secp256k1) for BSV Transaction
        • Summary
        • Signed Messages
        • Miner Identification and Digital Signatures
    • BSV Theory
      • Abstract
        • Peer-to-Peer Cash
        • Digital Signatures and Trusted Third Parties
        • Peer-to-Peer Network
        • Timechain and Proof-of-Work
        • CPU Power
        • Cooperation in the Network
        • Network Structure
        • Messaging Between Nodes
      • Introduction
        • Commerce on the Internet
        • Non Reversible Transactions
        • Privacy in Commerce
        • The Paradigm of Fraud Acceptance
        • What is Needed...
        • Protecting Sellers From Fraud
        • Proposed Solution
        • Security and Honesty
      • Transactions
        • Electronic Coins
        • Spending a Coin
        • Payee Verification
        • Existing Solutions
        • First Seen Rule
        • Broadcasting Transactions
        • Achieving Consensus
        • Proof of Acceptance
      • Timestamp Server
        • Timestamped Hashes
        • A Chain of Timestamped Hashes
      • Proof of Work
        • Hashcash
        • Scanning Random Space
        • Nonce
        • Immutable Work
        • Chain Effort
        • One CPU, One Vote
        • The Majority Decision
        • The Honest Chain
        • Attacking the Longest Chain
        • Controlling the Block Discovery Rate
      • Network
        • Running the Network
        • The Longest Chain
        • Simultaneous Blocks
        • Breaking the Tie
        • Missed Messages
      • Incentive
        • The Coinbase Transaction
        • Coin Distribution
        • Mining Analogy
        • Transaction Fees
        • The End of Inflation
        • Encouraging Honesty
        • The Attacker's Dilemma
      • Reclaiming Disk Space
        • Spent Transactions
        • The Merkle Tree
        • Compacting Blocks
        • Block Headers
      • Simplified Payment Verification
        • Full Network Nodes
        • Merkle Branches
        • Transaction Acceptance
        • Verification During Attack Situations
        • Maintaining an Attack
        • Invalid Block Relay System
        • Businesses Running Nodes
      • Combining and Splitting Value
        • Dynamically Sized Coins
        • Inputs and Outputs
        • A Typical Example
        • Fan Out
      • Privacy
        • Traditional Models
        • Privacy in Bitcoin
        • Public Records
        • Stock Exchange Comparison
        • Key Re-Use
        • Privacy - Assessment 2
        • Linking Inputs
        • Linking the Owner
      • Calculations
        • Attacking the Chain
        • Things the Attacker Cannot Achieve
        • The Only Thing an Attacker Can Achieve
        • The Binomial Random Walk
        • The Gambler's Ruin
        • Exponential Odds
        • Waiting For Confirmation
        • Attack Via Proof of Work
        • Vanishing Probabilities
      • Conclusion
        • Conclusion Explained
    • Introduction to Bitcoin Script
      • Chapter 1: About Bitcoin Script
        • 01 - Introduction
        • 02 - FORTH: A Precursor to Bitcoin Script
        • 03 - From FORTH to Bitcoin Script
        • 04 - Bitcoin's Transaction Protocol
        • 05 - Transaction Breakdown
        • 06 - nLockTime
        • 07 - The Script Evaluator
      • Chapter 2: Basic Script Syntax
        • 01 - Introduction
        • 02 - Rules Around Data and Scripting Grammar
        • 03 - The Stacks
      • Chapter 3: The Opcodes
        • 01 - Introduction
        • 02 - Constant Value and PUSHDATA Opcodes
        • 03 - IF Loops
        • 04 - OP_NOP, OP_VERIFY and its Derivatives
        • 05 - OP_RETURN
        • 06 - Stack Operations
        • 07 - Data transformation
        • 08 - Stack Data Queries
        • 09 - Bitwise transformations and Arithmetic
        • 10 - Cryptographic Functions
        • 11 - Disabled and Removed Opcodes
      • Chapter 4: Simple Scripts
        • 01 - Introduction
        • 01 - Pay to Public Key (P2PK)
        • 02 - Pay to Hash Puzzle
        • 03 - Pay to Public Key Hash (P2PKH)
        • 04 - Pay to MultiSig (P2MS)
        • 05 - Pay to MultiSignature Hash (P2MSH)
        • 06 - R-Puzzles
      • Chapter 5: OP_PUSH_TX
        • 01 - Turing Machines
        • 02 - Elliptic Curve Signatures in Bitcoin
        • 03 - OP_PUSH_TX
        • 04 - Signing and Checking the Pre-Image
        • 05 - nVersion
        • 06 - hashPrevouts
        • 07 - hashSequence
        • 08 - Outpoint
        • 09 - scriptLen and scriptPubKey
        • 10 - value
        • 11 - nSequence
        • 12 - hashOutputs
        • 13 - nLocktime
        • 14 - SIGHASH flags
      • Chapter 6: Conclusion
        • Conclusion
    • BSV Infrastructure
      • The Instructions
        • The Whitepaper
        • Steps to Run the Network
        • Step 1
        • Step 2
        • Step 3
        • Step 4
        • Step 5
        • Step 6
      • Rules and their Enforcement
        • Introduction
        • Consensus Rules
        • Block Consensus Rules
        • Transaction Consensus Rules
        • Script Language Rules
        • Standard Local Policies
      • Transactions, Payment Channels and Mempools
      • Block Assembly
      • The Small World Network
        • The Decentralisation of Power
        • Incentive Driven Behaviour
        • Lightspeed Propagation of Transactions
        • Ensuring Rapid Receipt and Propagation of New Blocks
        • Hardware Developments to Meet User Demand
        • Novel Service Delivery Methods
        • MinerID
      • Conclusion
  • Research and Development
    • BRCs
    • Technical Standards
  • Support & Contribution
    • Join Our Discord
    • GitHub
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  • Build Your First Transaction
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  1. Intro

Quick Start

PreviousOverview of GitHub repositoriesNextIntroduction

Last updated 9 months ago

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Install

npm i @bsv/sdk

We're using on a local machine, once you're ready to start, initialize a project with npm init -y and install the BSV Blockchain official SDK.

Build Your First Transaction

To create your first transcation you need to send some BSV into a locking script you control. Let's set up our local node.js environment with a key we can use.

// createKey.js
const { PrivateKey } = require('@bsv/sdk')
const { readFile, writeFile, chmod } = require('fs/promises')
const crypto = require('crypto')
global.self = { crypto }

async function createKey() {
    try {
        const WIF = await readFile('.wif')
        const key = PrivateKey.fromWif(WIF.toString())
        console.error('You already have a key file, delete .wif manually if you know what you\'re doing.')
        console.log({ address: key.toAddress() })
    } catch (error) {
        const key = PrivateKey.fromRandom()
        const WIF = key.toWif()
        await writeFile('.wif', WIF)
        await chmod('.wif', 0o400)
        console.log({ address: key.toAddress() })
    }
}

createKey()

Run the above code by copying it into createKey.js and running node createKey.js

Now you should get something in your console which looks like this:

{ address: '1E7ZM72qRDSa0rqUhZoMCMb5MAFYFEaKQp' }

To continue developing and testing, this address will require some funding. This can be done by sending BSV to this wallet, and due the low cost of transactions only a few satoshis will suffice ($0.01 equivalent is recommended). This way, you also ensure that you're not affected if you would lose access to the keys.

Once mined, a green button which says "Raw Tx" will be visible, which allows you to download the full transaction bytes as a hex string file. That's going to be our sourceTransaction which will fund the transaction we are going to define with the SDK. Copy the hex string into a file in the working directory called .transactions. The file contents should look something like this:

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

You can then construct your first transaction by copying the code below into createTx.js and running node createTx.js.

const { readFile, appendFile } = require('fs/promises')
const { Transaction, PrivateKey, P2PKH } = require('@bsv/sdk')
const crypto = require('crypto')
global.self = { crypto }

async function createTx () {
    const WIF = await readFile('.wif')
    const key = PrivateKey.fromWif(WIF.toString())
    const txsFile = await readFile('.transactions')
    const transactions = txsFile.toString().split('\n').filter(x => !!x)
    const sourceTransaction = Transaction.fromHex(transactions.pop())

    const tx = new Transaction()

    tx.addInput({
        sourceTransaction,
        sourceOutputIndex: 0,
        unlockingScriptTemplate: new P2PKH().unlock(key)
    })

    tx.addOutput({
        change: true,
        lockingScript: new P2PKH().lock(key.toAddress())
    })

    await tx.fee()
    await tx.sign()
    console.log(tx.toHex())

    const response = await tx.broadcast()

    console.log(response)

    // append new transaction
    await appendFile('.transactions', '\n' + tx.toHex())
}

createTx()

You should see a response like this:

01000000016dd14cc825fdd4239bae03cd2f7299a7f31f5a4286eac62c47ded0d5c0cd6738000000006a47304402207ce3bddd233f0b2ad04f25e836e69d699d1ad51bd1fdde3c65dab0f7cc13cd94022015c3fc8409145cb60baa483faead2867ac84149b6005a42c1518eb7a77912ba5412102cc6cf85c531f8a27d0d92662c5326d1ddf2941eb0df5fff1921addd37dfc6303ffffffff0150180000000000001976a91421087d3e223806a8c2bea4a1bdaf629a1a3d7efb88ac00000000
{
    "status": "success",
    "txid": "d9c4369a6beec556bec9c5aa3b09e913e91cf8cf2a8fcfd34a10fa3b33296326",
    "message": "SEEN_ON_NETWORK"
}

Congratulations

You're a BSV Developer.

You can keep running the same script - it will keep appending new transactions to the .transactions file until you run out of funds. BSV is so cheap that this could be a few thousand transactions later.

In the mean time, you can create your own Bitcoin ScriptTemplates by defining your own classes like so:

const { LockingScript, UnlockingScript, OP } = require('@bsv/sdk')

class SumScript {
    lock(sum) {
        const ls = new LockingScript()
        ls.writeOpCode(OP.OP_ADD)
        ls.writeNumber(sum)
        ls.writeOpCode(OP.OP_EQUAL)
        return ls
    }

    unlock(a, b) {
        const sign = async () => {
            const us = new UnlockingScript()
            us.writeNumber(a)
            us.writeNumber(b)
            return us
        }
        return { sign, estimateLength: async () => 6 }
    }
}

To create this output you simply add the class to an output:

tx.addOutput({
    satoshis: 3,
    lockingScript: new SumScript().lock(41)
})

Unlocking it in a future transaction you can simply do:

tx.addInput({
    sourceTransaction,
    sourceOutputIndex: 0,
    unlockingScriptTemplate: new SumScript.unlock(21, 20)
})

To check that the script works you can then run:

await tx.verify('scripts only')

For more guidance from the documentation - jump here.

Guides

If you don't have any BSV, you can find out how to buy it , or ask the BSV community on or to send you some funding.

Once you've sent an initial funding transaction to this address, grab the whole transaction from by pasting in the txid to the search box.

Ask the AI if you want to learn more, or if you need help from a human. If you want to contribute new ScriptTemplates of your own design there's a .

node.js and npm
here
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