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2016-07-13

Payment channels for bitcoin

3 years

Works with Finder

7

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13

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21

Github Stars

Payment channel server

WARNING: This is "alpha" quality demo software.

Included programs

  • serverd: Payment channel server. Run with --init to create db.
  • serveradm: Server administration utility.
  • servercli: Client utility, a thin wrapper over the RPC calls

Run with --help to get a command line summary.

Run the utilities with no arguments, to obtain a list of commands.

Server events are logged via the flexible 'winston' module.

See comments in example-serverd.cfg for further server configuration.

Calling the JSON RPC server over HTTP:

POST http://localhost:12882 

{
  "method": ""
  "params": [
    {
      // Required params here (see below)
    }
  ]
}

Where "method" can be one of:

  • "channel.open"
  • "channel.setRefund"
  • "channel.commit"
  • "channel.pay"

"channel.open"

POST data

"params" can be an empty array

result

{
  "pubkey": , // pub key of the server for this channel (also: "channel.id" for later"
  "timelock.min": , // earliest time the refund transaction can be processed
  "timelock.max": , // latest time the refund transaction can be processed
  "timelock.prefer": , // preferred time the refund transaction should be processed
}

"channel.setRefund"

POST data

"params": {
  "channel.id": , // The id returned from "channel.open"
  "pubkey": , // pubkey of client
  "tx": , // the refund transaction, hex encoded (unsigned)
  "txInIdx": // the input id of the T1 transaction (that the server doesn't yet know about)
}

result

{
  "signature": // the hex encoded signature from when the server signed T1
}

"channel.commit"

POST data

"params": {
  "channel.id": , // The id returned from "channel.open"
  "tx.commit": , // The hex encoded signature from when the client signed T1 (committing to the agreement)
  "tx.firstPayment": , // The signed transaction (T3) for the first payment, which is just a full refund payment to the client
}

result

true // on success

"channel.pay"

POST data

"params": {
  "channel.id": , // The id returned from "channel.open"
  "signature": // the hex encoded signature from when the client resigned T3 with the new amount
  "amount": , // The new amount the client wants to pay to the server in T3
}

result

true // on success

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    Reviews

    5 (1)
    Avatar
    user_NSNZHYK4
    2025-04-17

    As a dedicated user of MCP, I can confidently say that this tool by jgarzik is a game-changer. Its robust functionality and seamless integration have significantly enhanced my workflow. The comprehensive documentation available on the GitHub link provides clear guidance, making it approachable for both beginners and experts. I highly recommend MCP for anyone looking to streamline their operations efficiently.