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Merge #14319: doc: Fix PSBT howto and example parameters

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78542a3f36381fe96f60708834c8378042e3bab6 doc: Fix PSBT howto and example parameters (priscoan)

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Tree-SHA512: 2fcdd67717647e2f6166e6744c0938c96d8df6951e2ee5507372dad22ff66660f34c4554c86624c25f9a0dac2cdf8aff19bb7fc64a60e8e80a175f729ef913e4
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Wladimir J. van der Laan 2018-12-13 13:30:41 +01:00 committed by linuxsh2
parent 64b0e1ee2d
commit 0720565814
1 changed files with 7 additions and 7 deletions
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doc/psbt.md
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@ -90,7 +90,7 @@ the command line in case `bitcoin-cli` is used.
Setup:
- All three call `getnewaddress` to create a new address; call these addresses
*Aalice*, *Abob*, and *Acarol*.
- All three call `getaddressinfo X`, with *X* their respective address, and
- All three call `getaddressinfo "X"`, with *X* their respective address, and
remember the corresponding public keys. Call these public keys *Kalice*,
*Kbob*, and *Kcarol*.
- All three now run `addmultisigaddress 2 ["Kalice","Kbob","Kcarol"]` to teach
@ -105,28 +105,28 @@ Setup:
output. Again, it may be necessary to explicitly specify the addresstype
in order to get a result that matches. This command won't enable them to
initiate transactions later, however.
- They can now give out *D* as address others can pay to.
- They can now give out *Amulti* as address others can pay to.
Later, when *V* BTC has been received on *Amulti*, and Bob and Carol want to
move the coins in their entirety to address *Asend*, with no change. Alice
does not need to be involved.
- One of them - let's assume Carol here - initiates the creation. She runs
`walletcreatefundedpsbt [] {"Asend":V} 0 false {"subtractFeeFromOutputs":[0], "includeWatching":true}`.
We call the resulting PSBT *P*. P does not contain any signatures.
`walletcreatefundedpsbt [] {"Asend":V} 0 {"subtractFeeFromOutputs":[0], "includeWatching":true}`.
We call the resulting PSBT *P*. *P* does not contain any signatures.
- Carol needs to sign the transaction herself. In order to do so, she runs
`walletprocesspsbt P`, and gives the resulting PSBT *P2* to Bob.
`walletprocesspsbt "P"`, and gives the resulting PSBT *P2* to Bob.
- Bob inspects the PSBT using `decodepsbt "P2"` to determine if the transaction
has indeed just the expected input, and an output to *Asend*, and the fee is
reasonable. If he agrees, he calls `walletprocesspsbt "P2"` to sign. The
resulting PSBT *P3* contains both Carol's and Bob's signature.
- Now anyone can call `finalizepsbt "P2"` to extract a fully signed transaction
- Now anyone can call `finalizepsbt "P3"` to extract a fully signed transaction
*T*.
- Finally anyone can broadcast the transaction using `sendrawtransaction "T"`.
In case there are more signers, it may be advantageous to let them all sign in
parallel, rather passing the PSBT from one signer to the next one. In the
above example this would translate to Carol handing a copy of *P* to each signer
separately. They can then all invoke `walletprocesspsbt P`, and end up with
separately. They can then all invoke `walletprocesspsbt "P"`, and end up with
their individually-signed PSBT structures. They then all send those back to
Carol (or anyone) who can combine them using `combinepsbt`. The last two steps
(`finalizepsbt` and `sendrawtransaction`) remain unchanged.