I am using sepolia testnet, to make a signed transaction between two accounts locally, below is the code :---

let { Transaction: Tx }= require('ethereumjs-tx');
let {Web3} = require('web3');

const account1 = '0x2832B429C73f74Fd6B4612ff0b6c97801fd18553';
const account2 = '0x6a7e74b23019F03B2E287cb241eE520F875C7443';

const privatekey1 = Buffer.from('c0********************************************76','hex')
const privatekey2 = Buffer.from('8a********************************************30','hex')

const privateKey1Uint8Array = new Uint8Array(privatekey1);
const privateKey2Uint8Array = new Uint8Array(privatekey2);

const url = 'https://rpc-sepolia.rockx.com'

let web3 = new Web3(url);

  .then((bal) => {
    const balance = web3.utils.fromWei(bal, 'ether');
    console.log('Balance:', balance);
  .catch((err) => {
    console.error('Error:', err);

  .then((txCount) => {
    // Build the transaction
    let txObject = {
      nonce: web3.utils.toHex(txCount),
      from: account1,
      to: account2,
      value: web3.utils.toHex(web3.utils.toWei('0.1', 'ether')),
      gasLimit: web3.utils.toHex(21000),
      gasPrice: web3.utils.toHex(web3.utils.toWei('10', 'gwei')),
      chainId: 11155111


    // Sign the transaction
    const tx = new Tx(txObject);
    const rawArray = tx.raw

    const serielizedtransaction = tx.serialize();
    const raw = '0x' + serielizedtransaction.toString('hex');
    // BroadCast the transaction
      .then((txHash) => {
        console.log("Transaction Hash", txHash);
      .catch((err) => {
        console.error("Error:", err);
  .catch((err) => {
    console.error("Error:", err);

The output:---

Balance: 0.399968499999769
Error: TransactionRevertInstructionError: Transaction has been reverted by the EVM
    at /home/runner/Check2/node_modules/web3-eth/lib/commonjs/utils/get_transaction_error.js:48:21
    at Generator.next (<anonymous>)
    at /home/runner/Check2/node_modules/web3-eth/lib/commonjs/utils/get_transaction_error.js:24:71
    at new Promise (<anonymous>)
    at __awaiter (/home/runner/Check2/node_modules/web3-eth/lib/commonjs/utils/get_transaction_error.js:20:12)
    at getTransactionError (/home/runner/Check2/node_modules/web3-eth/lib/commonjs/utils/get_transaction_error.js:33:12)
    at Object.<anonymous> (/home/runner/Check2/node_modules/web3-eth/lib/commonjs/rpc_method_wrappers.js:439:100)
    at Generator.next (<anonymous>)
    at fulfilled (/home/runner/Check2/node_modules/web3-eth/lib/commonjs/rpc_method_wrappers.js:21:58) {
  innerError: undefined,
  reason: 'err: insufficient funds for gas * price + value: address 0x2832B429C73f74Fd6B4612ff0b6c97801fd18553 have 399968499999769000 want 4284899617421126307357911857367734556889520 (supplied gas 21000)',
  signature: undefined,
  receipt: undefined,
  data: undefined,
  code: 402

I mean how it's possible that transaction requires '4284899617421126307357911857367734556889520 wei' which is '4284899617421126307357911.85736773455688952 eth' for execution? been stuck in this error for 2 days, any help appreciated!


2 Answers 2


I don't know,you can try:

const Web3 = require("web3");

const providerRPC = {
  development: "",
  moonbase: "",
const web3 = new Web3(providerRPC.development); // Change to correct network

const account_from = {
  address: "0xf39Fd6e51aad88F6F4ce6aB8827279cffFb92266",
const addressTo = "0x70997970C51812dc3A010C7d01b50e0d17dc79C8";

const balances = async () => {
  // 4. Fetch balance info
  const balanceFrom = web3.utils.fromWei(
    await web3.eth.getBalance(account_from.address),
  const balanceTo = web3.utils.fromWei(
    await web3.eth.getBalance(addressTo),

  console.log(`The balance of ${account_from.address} is: ${balanceFrom} ETH`);
  console.log(`The balance of ${addressTo} is: ${balanceTo} ETH`);
const send = async () => {
  console.log("Transaction Start:");
    `Attempting to send transaction from ${account_from.address} to ${addressTo}`

  const createTransaction = await web3.eth.accounts.signTransaction(
      to: addressTo,
      value: web3.utils.toWei("10", "ether"),
      gas: web3.utils.toHex(21000),
      gasPrice: web3.utils.toHex(web3.utils.toWei("10", "gwei")),

  const createReceipt = await web3.eth.sendSignedTransaction(
    `Transaction successful with hash: ${createReceipt.transactionHash}`
  console.log("Transaction End!");
async function main() {
  await balances();
  await send();
  await balances();

  • Thanks for the reply, but i think you are using Ganache local environment, would like to mention that , when I run my mentioned code using Ganache, it works fine but when I try this using the Ethereum testnet like Sepolia or Goerli it shows the error(in question), Any explanation about this will really help, thanks!
    – Shubham
    Jul 10, 2023 at 4:52

I followed the instructions as per infura docs on web3.js now its working

POV :- The code asked in question in 4-5 years old, many things have been changed as per new documentation. Please refer to that, Thanks!

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