Justusranvier: Created page with "==Introduction== In order to avoid an expensive and error-prone consensus process, it is mandatory for wallets to be able to construct withdrawal transactions in a determinis..."

2014-10-22T14:52:48Z

Created page with "==Introduction== In order to avoid an expensive and error-prone consensus process, it is mandatory for wallets to be able to construct withdrawal transactions in a determinis..."

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==Introduction==

In order to avoid an expensive and error-prone consensus process, it is mandatory for wallets to be able to construct withdrawal transactions in a deterministic manner, assuming they are given the withdrawal requests in a deterministic order. Once this is accomplished, then it only becomes necessary for wallets to share signatures among themselves because they know they all signed the exact same bitcoin transaction.

==Procedure==

===Overview===

<div style="float: right"><include iframe src="https://www.lucidchart.com/documents/embeddedchart/eb960c32-71d4-4cfc-8f49-63a82b343608/0" width="300" height="1004" frameborder="0" scrolling="yes" /></div>

====Initial Conditions====

The [[startwithdrawal]] API call has been received by the wallet, and all the arguments have been checked for errors.

====Sequence====

The basic flow of the procedure is:

# [[Preparation|Gather accounting information]] from the API call arguments
# [[Output List Initialization|Validate and sort]] the output list
# [[Initialize New Transaction|Start]] a new transactions
# [[Add Next Output|Add outputs]] to the transaction until either all outputs are added or all inputs are used.
# [[Finalize Transaction|Verify]] all generated transactions are ready for signing.
# [[Update Signatures|Create a list]] of all signatures which the wallet is capable of generating.
# [[Update Status|Create a status list]] containing the deposition of every output the caller specified.
# Return the status list and signature list to the caller.

Each step in this chart is more fully described on the pages listed below.

{{clear}}

[[Category:Voting Pool Technical Specifications]]

Category:Transaction Construction Algorithm (voting pools) - Revision history

Justusranvier: Created page with "==Introduction== In order to avoid an expensive and error-prone consensus process, it is mandatory for wallets to be able to construct withdrawal transactions in a determinis..."