How to solve “insufficient funds for gas * price + value” error?

0 votes

I am using web3j for blockchain and I have the following code:

// create new account 
Admin admin = HttpService());
NewAccountIdentifier newAccount = admin.personalNewAccount("PASSWORD").send();

// get current created account
Web3j web3 = HttpService());
EthAccounts accounts = web3.ethAccounts().send();
String lastAccount = Iterables.getLast(accounts.getAccounts());
// get creadentials for the first account having some ether
String firstAccount = web3.ethAccounts().send().getAccounts().get(0);
Credentials credentials = Credentials.create(firstAccount);

// get current balance for first account
EthGetBalance balance = admin.ethGetBalance(firstAccount, DefaultBlockParameterName.LATEST).send();
BigDecimal balanceVaue = Convert.fromWei(balance.getBalance().toString(), Convert.Unit.ETHER);

// create transaction to give the new created account some ether from the first one
// log some stuff
System.out.println("Account: " + firstAccount);
System.out.println("Account balance: " + balanceVaue);
System.out.println("Gas Price admin.ethGasPrice() in Ether: " + Convert.fromWei(gasPrice.toString(), Convert.Unit.ETHER));
System.out.println("Transfer Gas Limit in Ether: " + Convert.fromWei(Transfer.GAS_LIMIT.toString(), Convert.Unit.ETHER));
System.out.println("Transfer Gas Price in Ether: " + Convert.fromWei(Transfer.GAS_PRICE.toString(), Convert.Unit.ETHER));

TransactionReceipt transactionReceipt = Transfer.sendFunds(web3, credentials, lastAccount, BigDecimal.valueOf(10.0), Convert.Unit.ETHER).send();
String transactionHash = transactionReceipt.getTransactionHash();

Genesis block is as follows:

  "config": {
      "chainId": 9999,
      "homesteadBlock": 0,
      "eip155Block": 0,
      "eip158Block": 0,
      "byzantiumBlock": 0
   "difficulty": "400",
   "gasLimit": "2100000",
   "alloc": {
      "0x9b6301bf2cfe11066dbd641f91a2b82e0783130e": { 
          "balance": "100000000000000000000000" 

How to solve this?

Aug 1, 2018 in Blockchain by digger
• 27,620 points

1 answer to this question.

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0 votes

Change the following line

Credentials credentials = Credentials.create(firstAccount);

To the following line

Credentials credentials = Credentials.create("<PRIVATE_KEY_HERE>");

The error was because you were passing a wrong object. You had to pass the private key but you were passing the address. You should have no issues after making the above mentioned changes.

answered Aug 1, 2018 by slayer
• 29,040 points

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