Create Ethereum wallet process
mainstream digital currencies such as bitcoin, Puyin, Laite, Ethereum and dogcoin all exist in wallets, and wallets existed before the release of such currencies.
Transaction
the behavior of blockchain transaction follows different rule sets
< UL >e to the distributed and unlicensed nature of public blockchain, anyone can sign the transaction and broadcast it to the network
according to different blockchains, traders will be charged a certain transaction fee, which depends on the needs of users rather than the value of assets in the transaction
blockchain transactions do not require any central authority verification. It only needs to use the digital signature algorithm (DSA) corresponding to its blockchain to sign it with the private key
once a transaction is signed, broadcast to the network and mined into a successful block in the network, the transaction cannot be recovered
Ethereum transaction structure
Ethereum transaction data structure: transaction 0.1 eth
{& 39; nonce':&# 39; 0x00', // Decimal: 0
& 39; gasLimit': &# 39; 0x5208', // Decimal system: 21000
& 39; gasPrice': &# 39; 0x3b9aca00', // Decimal system: 10000000000
& 39; to': &# 39;&# 39; ，// Sending address
& 39; value': &# 39; 0x16345785d8a0000',// 100000000000000000 ，10^17
' data': &# 39; 0x', // Decimal representation of null data; chainId': 1 / / blockchain network ID
}
these data have nothing to do with the transaction content, but have something to do with the execution mode of the transaction. This is because when you send a transaction in Ethereum, you must define some other parameters to tell miners how to handle your transaction. Transaction data structure has two attribute designs & quot; gas": & quot; gasPrice",& quot; gasLimit"
" gasPrice": The unit is Gwei, which is 1 / 1000 eth, indicating the transaction cost
& quot; gasLimit": The maximum gas charge allowed for the transaction
these two values are usually filled in automatically by the wallet provider
in addition, you need to specify which Ethereum network to execute the transaction (chainid): 1 represents the Ethereum main network
ring development, tests are usually carried out locally and on the test network, and transactions are carried out through the test eth issued by the test network to avoid economic losses. After the test, enter the main network transaction
in addition, if you need to submit some other data, you can use & quot; data" And & quot; nonce" Attach as part of a transaction
a nonce (number used only once) is the value used by Ethereum to track transactions, which helps to avoid double spending and replay attacks in the network
Ethereum transaction signature
Ethereum transaction involves ECDSA algorithm. Taking JavaScript code as an example, the popular ethers.js is used to call ECDSA algorithm for transaction signature
you can use the online application composer to deliver signed transactions to Ethereum. This is known as "offline signature.". Offline signatures are particularly useful for applications such as status channels, which are smart contracts that track the balance between two accounts and transfer funds after a signed transaction is submitted. Offline signature is also a common practice in dexes
you can also use online wallet to create signature verification and broadcast through Ethereum account
with Portis, you can sign a transaction to interact with the gas station network (GSN)
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