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The decoderawtransaction method is used to decode a raw transaction encoded in hex format. It provides a detailed view of the transaction’s components, such as its inputs, outputs, version, and lock time.
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Parameters

  • hexString (required): The raw transaction in hex format.

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Response

  • result — an object containing detailed information about the decoded transaction, including inputs, outputs, the transaction’s version, and lock time.
  • error — an object containing an error message if an error occurred, otherwise null.
  • id — an integer representing the ID of the request.

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Use case

The decoderawtransaction method is crucial for developers and analysts who need to inspect the details of a raw transaction without broadcasting it to the network. It’s used for debugging, transaction analysis, and educational purposes.