Category: CRYPTOCURRENCY

CRYPTOCURRENCY

  • Bitcoin: ps2wsh broadcast transaction failed

    Bitcoin Transaction Issue: PS2WSH Hex Code

    Dear fellow cryptocurrency enthusiasts,

    I’m reaching out to seek your expertise and guidance on a specific issue I’m facing with my recent Bitcoin transaction. After some research and troubleshooting, I hope you can help me identify the problem.

    The issue is related to a PS2WSH hex code that’s preventing me from broadcasting a new transaction. Here’s the relevant information:

    Hex Code: PS2WSH (Note: this is the shortened version of the full hexadecimal code)

    Transaction Details:

    • Transaction type: Payment

    • From address: [Your Address]

    • To address: [Destination Address]

    • Amount: 0.01 BTC

    • Fee: 1.00 BTC

    Unfortunately, after attempting to broadcast the PS2WSH transaction using a Bitcoin client or software, I’m getting an error message that suggests the transmission failed.

    Error Message:

    Bitcoin: broadcast ps2wsh transaction failed

    “Broadcasting PS2WSH transaction failed”

    Now, I’ve tried searching online for solutions and consulted with other members of our community, but so far, no one seems to have encountered this specific issue. Can someone please help me troubleshoot or provide a solution?

    If you are familiar with the Bitcoin protocol, could you point me in the right direction? Perhaps there’s an issue with my wallet configuration, transaction routing, or network congestion that’s causing the problem?

    I’d appreciate any guidance or advice you can offer to resolve this issue. I’m looking forward to hearing from someone who has experience with similar problems.

    Thank you for your time and expertise!

    Best regards,

    [Your Name]

    Ethereum Change Time

  • Metamask: how can i generate eip712 signature without using metamask?

    Generating EIP-721 and EIP-1155 Signatures Without Using MetaMask

    As a web3 developer, you are familiar with the importance of using MetaMask to interact with decentralized applications (dApps). However, some users may encounter issues or limitations when trying to create multiple eIP-721 and eIP-1155 signatures manually by accepting the MetaMask popup one by one. In such cases, generating these signatures programmatically without using MetaMask can be a challenge.

    What are EIP-721 and EIP-1155 signatures?

    Before we dive into the solution, let’s quickly review what eIP-721 and eIP-1155 signatures are:

    • EIP-721: A standard for non-fungible tokens (NFTs) for digital collectibles. Each NFT is assigned a unique identifier (e.g., a URI or hash).
    • EIP-1155: A standard for fungible tokens, allowing multiple copies of the same token to be created without modification.

    Programmatic Signature Generation

    To generate these signatures programmatically without using MetaMask, you can use the following methods:

    1. Using Web3.js and the eth_sign method

    You can use the eth_sign method provided by the Web3.js library to sign messages with your Ethereum account.

    const web3 = require("web3");

    // Set up your Ethereum account provider

    const provider = new web3.providers.HttpProvider('

    // Create a new Web3 instance

    const web3 = new web3(provider);

    // Define the signature message

    const message = 'Your message here...';

    try {

    // Sign the message with your Ethereum account address (in this case, your private key)

    const signature = await web3.eth.sign(message, provider.getAccount('YOUR_ACCOUNT_ADDRESS'));

    console.log(Generated EIP-721/SIG: ${signature});

    } catch (error) {

    console.error(error);

    }

    2. Using the eth_sign method with the jsonWebToken library

    The jsonWebToken library provides a more convenient way to generate signatures using JSON web tokens.

    const jwt = require('jsonwebtoken');

    // Define your Ethereum account provider

    const provider = new web3.providers.HttpProvider('

    // Set up your Ethereum account private key

    const privateKey = 'YOUR_PRIVATE_KEY';

    try {

    // Sign the message with the Ethereum account address (in this case your private key)

    const signature = jwt.sign({ message: 'Your message here...' }, privateKey);

    console.log(Generated EIP-721/SIG: ${signature});

    } catch (error) {

    console.error(error);

    }

    3. Using a Third-Party Library or Service

    There are several third-party libraries and services available that provide EIP-721 and eIP-1155 signing capabilities without requiring MetaMask:

    • Ethers.js

      : An open-source library for interacting with the Ethereum blockchain.

    • Hardhat: A JavaScript framework for building Ethereum-based decentralized applications (dApps).

    After generating the signatures programmatically, make sure to store them securely and follow best practices for handling private keys and sensitive information.

    While these methods can help you generate eIP-721 and eIP-1155 signatures without using MetaMask, keep in mind that they may have limitations or security considerations. Always prioritize security when working with sensitive data and private keys.

    supply chain market

  • Decentralized Stablecoins: The Path to Economic Empowerment

    Decentralized stablecoins have become an important path to economic power for people around the world. The concept combines the benefits of traditional currencies with the security and decentralization provided by blockchain technology, providing a unique opportunity for financial inclusion.

    The Concept of Decentralized Stablecoins

    Decentralized stablecoins are digital assets that maintain their value relative to other cryptocurrencies or fiat currencies. They are built on blockchain networks and use advanced cryptographic technologies to ensure their stability. Unlike traditional stablecoins, which rely on central banks, decentralized stablecoins operate independently, eliminating the risk of centralized control.

    How Decentralized Stablecoins Drive Economic Inclusion

    Decentralized stablecoins enable economic inclusion in several ways:

    • Accessibility

      Decentralized Stablecoins: A Pathway to Economic Empowerment

      : These digital assets provide an alternative to traditional financial services that may be inaccessible to certain groups, such as smallholder farmers or the unbanked due to geographic restrictions, lack of access to banking services, or limited literacy.

    • Security: Decentralized stablecoins are stored on the blockchain, making them immutable and tamper-proof. This ensures investor confidence in the stability of their assets and reduces the risk of financial fraud or theft.
    • Accessibility to Financial Services: By offering a safe and stable store of value, decentralized stablecoins can be used as a means to access traditional financial services, such as lending, borrowing, or purchasing goods and services. This expansion of financial inclusion is particularly beneficial in developing countries where access to formal banking services remains limited.
    • Innovation and Entrepreneurship: Decentralized stablecoin technology also opens up opportunities for innovation and entrepreneurship. Small businesses and startups can use these platforms to raise funds by issuing their own stablecoins, which they can use internally or exchange for fiat currencies.

    Benefits and Future Directions


    Decentralized Governance: Decentralized stablecoins allow for community-driven governance models where stakeholders can participate in the decision-making process related to the development and implementation of new features and enhancements.


    Interoperability: They allow for seamless interoperability between different blockchain networks, facilitating the exchange of assets between countries without the need for middlemen or high fees.


    Resilience: Due to their decentralized nature, they are less susceptible to economic shocks or systemic instability that can affect traditional currencies.

    Conclusion

    Decentralized stablecoins are an important step forward in addressing the challenges of financial inclusion and empowerment. By providing access to financial services, reducing the risk of financial fraud, and empowering individuals through digital means, these assets have the potential to transform economies around the world. As technology continues to advance, decentralized stablecoins are playing an increasingly important role in the global economy.

    References

    – [Blockchain technology]( – Wikipedia

    – [Decentralized Stablecoins]( – Coindesk News & Insights