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Building Blockchain Projects

You're reading from   Building Blockchain Projects Building decentralized Blockchain applications with Ethereum and Solidity

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Product type Paperback
Published in Apr 2017
Publisher Packt
ISBN-13 9781787122147
Length 266 pages
Edition 1st Edition
Languages
Concepts
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Author (1):
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Narayan Prusty Narayan Prusty
Author Profile Icon Narayan Prusty
Narayan Prusty
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Table of Contents (10) Chapters Close

Preface 1. Understanding Decentralized Applications FREE CHAPTER 2. Understanding How Ethereum Works 3. Writing Smart Contracts 4. Getting Started with web3.js 5. Building a Wallet Service 6. Building a Smart Contract Deployment Platform 7. Building a Betting App 8. Building Enterprise Level Smart Contracts 9. Building a Consortium Blockchain

hooked-web3-provider and ethereumjs-tx libraries


Until now, all the examples of Web3.js library's sendTransaction() method we saw were using the from address that's present in the Ethereum node; therefore, the Ethereum node was able to sign the transactions before broadcasting. But if you have the private key of a wallet stored somewhere else, then geth cannot find it. Therefore, in this case, you will need to use the web3.eth.sendRawTransaction() method to broadcast transactions.

web3.eth.sendRawTransaction() is used to broadcast raw transactions, that is, you will have to write code to create and sign raw transactions. The Ethereum node will directly broadcast it without doing anything else to the transaction. But writing code to broadcast transactions using web3.eth.sendRawTransaction() is difficult because it requires generating the data part, creating raw transactions, and also signing the transactions.

The Hooked-Web3-Provider library provides us with a custom provider, which communicates...

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