Tuesday, November 5, 2024

bitcoin core – How do I calculate transaction charge for name to createpsbt()?

When my consumer invokes my app, he passes as an enter parameter the specified worth of the TX charge in satoshis per byte. I create a PSBT by calling createpsbt(). I exert full management over the willpower of inputs and outputs. For instance, I do not name walletcreatefundedpsbt(), as a result of I do not need bitcoind to pick inputs on my behalf. I’ve a rooster and egg drawback in that I have to name createpsbt() as a way to decide the dimensions of the TX in bytes, however I have to specify the charge quantity earlier than the decision to createpsbt(). The most effective answer that I can consider is to execute a dummy name to createpsbt() utilizing a dummy charge worth, then measure the dimensions of the TX, then do an actual name to createpsbt() after accurately calculating the charge quantity. Is there a greater approach?

Edit: I need to spend all UTXOs. I would like two outputs, one to obtain a hard and fast quantity, the opposite to obtain change much less the charge. I’ve tried many incantations, I am unable to get it to work. This is my newest try:

raw_psbt = rpc.walletcreatefundedpsbt(
    # all UTXOs, as returned by listunspent():
    inputs,
    # one recipient: [ { addr : amount } ]
    outputs,
    0,  # locktime
    {
        "replaceable" : True,
        # I would love for the change much less the charge to go right here:
        "changeAddress" : xxx,
        "includeWatching" : True,
        "feeRate" : 0.005,
    }
)

This fails with Signing transaction failed (-4). Any thought what I am doing incorrect?

Edit #2: I am unable to use walletcreatefundedpsbt() as recommended under to create the PSBT, as a result of that perform requires that its inputs be “solvable”, which isn’t the case in my setting. Extra information at this hyperlink:

Errors with walletcreatefundedpsbt & non-solvable UTXOs

So my authentic query stays unresolved at this level.

Edit #3: So I requested on Slack. The issue is that our UTXOs are 1) not “solvable” and a pair of) can’t be expressed within the descriptor language, so Bitcoin Core has no technique to calculate the TX measurement earlier than the TX is signed. Apparently I must calculated it manually as defined within the hooked up screenshot.slack chat

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles