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Transactions

A Neo Transaction is a signed data package with an instruction for the network and the only way to operate the Neo network. Each block in the Neo blockchain ledger contains one or more transactions, making each block a transaction batch. After transaction attributes encapsulated and signed by the client wallet, the transaction is sent to the node to which the wallet belongs. Any node in the network can verify the received transaction and forward it to the consensus node. The consensus node selectively packages transactions into a proposal block and broadcast it to reach an agreement. Once the validators agree on the new block, they will broadcast the new block to the entire network. For the new block received, the node will process all individual transactions in the block and then update the ledger.

tx flow graph

Changes in NEO3

  • UPDATE

    • System Fee: cancel the free discount of 10 GAS for each transaction and redefine the fee of each OpCode
    • Network Fee: redefine the calculation formula for the network fee
  • DELETE

    • Transaction Type: discard the previous 9 types of the transaction in NEO2 and use the unified transaction instead, as well as the redefinition of the transaction structure
    • Assets: discard the UTXO model for the NEO and GAS token, using the account model implemented by the native contract instead

Transaction Structure

updated in NEO3: unified transaction type and updated the data structure.

A normal transaction has the following attributes:

Field Type Description
version byte the version of the transaction, currently 0
nonce uint random number
validUntilBlock uint block expiration time
sender UInt160 address script hash of the sender
systemFee long fee to pay the network for resource usage
networkFee long fee to pay the validator for including transactions in the block
attributes tx_attr[] additional features for the transaction
cosigners Cosigner[] scope where the witness is valid
script byte[] contract script of the transaction
witnesses Witness[] scripts used to validate the transaction

version

The version attribute allows updates to the transaction structure with backward compatibility, currently 0.

sender

Since NEO3 abandoned UTXO model with only account balance model retained. The transfer transaction of the native assets NEO and GAS are unified as the way of NEP-5 assets, so the input and output fields are removed from the transaction structure, instead, the sender field is used to track the source of the transaction. This field is the script hash of the transaction initiation account in the wallet.

systemFee

The system fee is calculated by opcodes to be executed by the Neo virtual machine, please refer to opcode fee section for specific fee on each opcode. The 10 GAS free system fee will be cancled in NEO3. The total fee is subject to the quantity and type of instructions in the contract script. The calculation formula is as follows:

system fee

where OpcodeSet is opcode set, 𝑂𝑝𝑐𝑜𝑑𝑒𝑃𝑟𝑖𝑐𝑒𝑖 is the cost of opcode i, 𝑛𝑖 is the execution times of instruction i in the contract script.

networkFee

The network fee is the fee paid by users when they submit transactions to the Neo network and it will be paied to the validator for producing new block. For each transaction, there is a base minimum network fee which is calculated as the followig formular. Transaction will be executed only when user pays network fee equal to or higher than the base network fee. Otherwise, transaction will be invalid.

network fee

where VerificationCost is the costs for transaction signature verification in NeoVM, tx.Length is the byte length of transaction data, FeePerByte is the fee per byte, which is 0.00001GAS.

attributes

Depending on the transaction type, it is allowed to add attributes to the transaction. For each attribute, a usage type has to be specified, together with the external data and the size of the external data.

Field Type Description
usage uint8 attribute usage type
data byte[] script of the transaction to be validated. When usage is 0x20 , the data type must be UInt160.

usage

The following usage types can be included in the transaction attributes.

Value Name Description Type
0x81 Url URL for description byte

A maximum of 16 attributes can be added to each transaction.

cosigners

Currently the witness is valid in the global scope. In order to enable users to control the scope of signatures more finely, NEO3 has changed the cosigners field in the transaction structure to realize the function that witnesses are limited to verifying specified contracts.

Field Description Type
Account scripthash of the account UInt160
Scopes indicate the scope of the witness WitnessScope
AllowedContracts the verifiable contracts UInt160[]
AllowedGroups the verifiable contract group ECPoint[]

Scopes

The Scopes field defines the scope of witness, including the following four types:

Value Name Description Type
0x00 Global allow the witness in all contexts (default Neo2 behavior), with backwards-compatibility byte
0x01 CalledByEntry the callingscript must be the entry script byte
0x10 CustomContracts custom hash for contract-specific byte
0x20 CustomGroups custom pubkey for contract group members byte

script

Contract script executed by the virtual machine.

witnesses

A witness is used to verify the validity and integrity of the transaction. There are two attributes for each witness in the witnesses array.

Field Description
InvocationScript Script to push validation signatures to the verification script
VerificationScript Verification script to push the public keys corresponding to the contract

You can add multiple witnesses to each transaction or use a multi-signature witness as well.

InvocationScript

The InvocationScript is constructed with the following steps:

  1. 0x40(PUSHBYTES64) followed by the (first) 64-byte signature

The InvocationScript can push multiple signatures for a multi-signature contract by repeating these steps.

VerificationScript

VerificationScript, including ordinary address scripts, or multi-signature address scripts. This address script could be retrieved from wallet account. Please refer to wallet-account for details.

VerificationScript also could be custom authentication contract scripts.

Transaction Serialization

Except for IP addresses and ports, all variable-length integer types in Neo are stored in the small-endian mode. The serialization operation takes the following order to serialize a transaction:

Field Description
version -
nonce -
sender -
systemFee -
networkFee -
validUntilBlock -
attributes First serialize the array length using `WriteVarInt (length)', and then serialize the elements of the array separately
cosigners First serialize the array length using `WriteVarInt (length)', and then serialize the elements of the array separately
script First serialize the array length using `WriteVarInt (length)', and then serialize the elements of the array separately
witnesses First serialize the array length using `WriteVarInt (length)', and then serialize the elements of the array separately

Note: WriteVarInt (value) stores variable-length types based on the value itself, and determines the storage size according to the value range.

Value Range Type
value < 0xFD byte(value)
value <= 0xFFFF 0xFD + ushort(value)
value <= 0xFFFFFFFF 0xFE + uint(value)
value > 0xFFFFFFFF 0xFF + value

Transaction Signature

Transaction signature is to sign the data of the transaction itself (not including signature-attached data, namely witness) by using ECDSA digital signature algorithm, and then add it to witnesses in transaction object.

Transaction example:

{
    "hash": "0x55d0f1587bdda6a956fd381f96c2d7e3d9f9697e26f3a8d6ddfcb65d2a49848e",
    "size": 263,
    "version": 0,
    "nonce": 886120104,
    "sender": "AdhEBzaBZujuj5kEiwvKmMVy5ydqj3AC3V",
    "sys_fee": "1",
    "net_fee": "0.012633",
    "valid_until_block": 2104144,
    "cosigners" : [
        {
            "account": "0xe48dde213ee6e51cbc0a888339b335dc6122d401",
            "scopes": 0
        }
    ],
    "script": "0400e1f5051493966ad1f10948af8617f982c7a3daac58ac3d5a14f071d5fc6d2e2978a45842f05b1ac970e87d197753c1087472616e736665721415caa04214310670d5e5a398e147e0dbed98cf4368627d5b52f1",
    "witnesses": [
        {
            "invocation": "40f065cae84459d7299ace9fb4e1429eeccb9e2769f68acfb0804e2c033047c0abece062ee83f4beb5b1bdd5a31891f5927b8cd108e40cdd7f68b7b1c48e4daf3d",
            "verification": "512102e683c2d21d007780ca256d211048eea862250517a592eb25d2ba828723d04af35168c7c34cba"
        }
    ]
}

Click here to see the Chinese edition of the Transactions