Moving Transactions to the Bitcoin Cash Network: A Guide

As the second largest cryptocurrency by market cap, Ethereum has become a hub for decentralized applications (dApps) and smart contracts. However, not all of these dApps can interact with the Bitcoin Cash (BCH) network, which is gaining popularity as an alternative to Bitcoin. In this article, we will explore how to move transactions from Ethereum to the Bitcoin Cash network using the Blocktrail API.

Why use Blocktrail?

Blocktrail is a popular platform for monitoring and managing distributed data applications, including those on the Ethereum blockchain. Using its APIs, developers can integrate their dApps with various networks, including Binance Smart Chain (BSC) and BCH. In this case, we will focus on BSC, as it is one of the most promising alternative cryptocurrencies to Bitcoin.

Blocktrail API

Blocktrail offers a robust set of APIs that allow developers to interact with their blockchain applications. The blocktrail.com/api endpoint provides access to various data feeds, including transaction tracking and data analytics. To move transactions from Ethereum to BSC using the Blocktrail API, you will need:

• A valid Blocktrail account

• A bcsdk (Binance Smart Chain) wallet address or an Ethereum wallet with a compatible private key

• blocktrail.com/api/v2/transactions endpoint

Step-by-step guide

Here is a step-by-step guide to moving transactions from Ethereum to BSC using the Blocktrail API:

• Get your BCSDK wallet address: If you are using an Ethereum wallet, create a new account or connect an existing account to get your private key.

• Generate a public-private key pair: Create a new private key (private_bytes) and a corresponding public key (public_key). You can use tools like Jaintools or generate them manually using the ecdsa library in Python.

• Import the required libraries

  

  : Install the required libraries using pip: pip install blocktrail for Python

• Set up your Blocktrail API credentials: Create an account on Blocktrail.com and get your API token, client ID, and secret key.

• Connect to your BCSDK wallet address or Ethereum wallet: Use the bcsdk_wallet library (if you are using BSC) or the eth library (for Ethereum) to connect to your private key and get the corresponding Ethereum address.

• Create a new transaction: Use the blocktrail.com/api/v2/transactions endpoint to create a new transaction with the required inputs and outputs for your dApp. You can use a library like hashlib to generate the hash functions.

• Push transaction to BCSDK wallet address or Ethereum wallet: Send the created transaction using the Blocktrail API pushTransaction method and pass your private key (public_bytes) as well as the recipient’s Ethereum wallet address.

Sample Code

Here is an example Python code snippet that demonstrates how to move a transaction from Ethereum to BSC:

“`python

import json file

from blocktrail import client

Blocktrail API credentials

blocktrail_token = “YOUR_API_TOKEN”

client_id = “YOUR_CLIENT_ID”

secret_key = “YOUR_SECRET_KEY”

Connect to BCSDK wallet address or Ethereum wallet

bcsdk_wallet_address = “0xYour_BCSDK_Wallet_Address”

ethereum_wallet_address = “0xYour_EthereumWallet_Address”

Create a new private key (private_bytes)

private_bytes = bcsdk_wallet_address.encode()

Generate a public key (public_key) using the private keys

public_key = ethereum_wallet_address.encode()

Create a new transaction

transaction_inputs = [

{“amount”: 10, “from”: “Ethereum Wallet Address”, “to”: bcsdk_wallet_address},

]

transaction_outputs = []

transaction_hash_function = hashlib.sha256

Push transaction to Blocktrail API

blocktrail_client = Client(blocktrail_token, client_id, secret_key)

push_transaction_result = blocktrail_client.