STEEMCRYPTOACADEMY SEASON3 WEEK3 HOME-WORK POST FOR SAPWOOD

What do multiple transactions in a single click mean? How does it save transaction fees? What are the other benefits?

What this means is that you can send a token to various recipient at a single click, let's say I want to send 0.5 steem to 20 different persons or more, it's really fantastic for the crypto ecosystem, it's very possible using multi sender.App, later in my work I will illustrate how that is possible, in tense of the cost/fee it's expensive too but I will say it saves barrage of stress in the crypto world today so many things transactions modes has been modified on like in the previous years back, it's really nice to transact token to different persons in a single click with the same cost that will perhaps be inquired when it's been sent to then individually.

How it saves transaction fee

Just as I have earlier stated in every transaction you carry out in a block-chain you will be charged regarding the wallet or exchange at which you explored, but when the transaction is elaborate the fee charged too will follow suite, but there is a way out to facilitate the way sending and receiving token is now done in order to limit the extravagant charges that could have been done if the token transfer was isolated.

That is multi-sender here you can send token to different people at a single click, there are steps you will need to explore before this particular one will come to fruition, now since it's in a single click you should expect that the fee should be minimal comparing it to when it's been sent one after the other, now let's say the steemit ecosystem will charge you 0.6, each for every transfer you make to each person and using multi-sender you are charged that same 0.6, for transferring steem token to 5 different persons. So in this case no doubt your transfer fee has been reduced courtesy sending at one click.

What are the other benefits

Duration for me I think sending different tokens to different persons Will really save time, imaging selecting, obi 0.7steem, Nkechi 0.7steem, Bobby 0.7 steem, this is super stressful, so for me it will save time

saves transfer fee I think transferring your token through a single click will safe the fee that should be charged via the ecosystem, let's say you want to transfer steem token to 5 persons at the ecosystem charges 0.1, as the transfer fee, but using the single click it will no doubt be minimal

Smart and effective courtesy the way our ecosystem is built like take steemit for example, transactions here are very smart and effective, and secondly there is record keeping and you can explore that remember your transaction won't be deleted after it has been officially carried out there is always record kept for every transaction done

How do you connect your Etherum Wallet(Metamask) to Multisend or Multisender(dApps) & perform multiple transactions(ETH/ERC20) in one click? Using Steemyy how do you perform multiple transactions(STEEM or SBD) in one click? Explain the detailed steps in both the apps(One from Etherum & the other from Steem Blockchain)?(Screenshot needed, real transactions in Multisender or Multisend may not require, however, a real transaction in Steem Blockchain using Steemyy a must for this Task). Further, using Steemyy demonstrate how to send the different amounts to different users with different memo and how to send repetitive/recurring amount at the pre-defined interval?

How do you connect your Etherum Wallet(Metamask) to Multisend or Multisender(dApps) & perform multiple transactions(ETH/ERC20) in one click?

Exploring this is very simple of you follow the steps, first of all gain access to multi-sender App and at the top right corner click the three vertical lines where you have connect

• After you are done clicking on connect another phases will pop up where you will be mandated to connect your wallet.

• At this phase you are supposed to have a metamask app already installed on your phone to make the process very eazy, but if you don't have you can further install it.

• From the image I uploaded you will see where it's written install metamask here I won't illustrate how that is been done, it's not part of the question to be answered.

• At this phase click on connect in order to connect your wallet, remember if your account is not connected you can't send any ERC-20 token.

• Now click connect and another phase will pop up and in the Next phase, you have to select ERC-20, that means token under it then you proceed.

• Here click on send and approve your transaction, note you Will be charged 0.09 ETH to carry out this Transactions.

• From the search axis click the token that you want to transfer, and select the various address that you want to send to, from my wallet I I don't have ERC-20 token.

• After you are done selecting your address at the trial end include a comma sign , and add the amount that you want to send, don't give any space.

• You can also upload your CR-V file, and along the process click send, note multi-sender will have to check and if there is any mistake the transaction won't come to fruition.

Using Steemyy how do you perform multiple transactions(STEEM or SBD) in one click? Explain the detailed steps in both the apps(One from Etherum & the other from Steem Blockchain)?(Screenshot needed, real transactions in Multisender or Multisend may not require, however, a real transaction in Steem Blockchain using Steemyy a must for this Task). Further, using Steemyy demonstrate how to send the different amounts to different users with different memo and how to send repetitive/recurring amount at the pre-defined interval?

If you have done your Achievement5 task 3, you will understand how Steemyy is done, here I will conduct real transactions here just as it is mandated courtesy this lecture, what you need to do is to explore the steemyy.com and follow the procedures hopefully you will arrive.

• First gain access to the https://www.steemyy.com official page, click on Tools and screw down to proceed.

• After you are done clicking on Tools screw down and click on the place where I circled, how to send STEEM/SBD into multiple account at one click.

• If you click on it another different phase will pop up and at this point you are free to exploit all in the name of using wallet tools.

• At this phase you will enter your username without @ your username is where the Steem token will be collected from.

• Screw down and enter your private active key, note it won't be stored here, it's just used to facilitate your transfer.

• At this phase enter the amount of STEEM or SBD, you have to choose a pair. Select how many times you want to send and time in seconds.

• Screw down and enter the names of the people you want to send to, remember their usernames has to go without the use of @.

• As you can see from the image uploaded I sent steem token to @sapwood @barnabie, and @focusnow, At a single click under two seconds, another phase that will pop up will come along with the various blocks, and their names will be included with @. Check it out below.

Names	steem
Focusnow	0.001
barnabie	0.001
sapwood	0.001

• If you look critically well you will understand that the transaction I did went in unism, and also from the image I uploaded you will understand that there are blocks, regarding when and how your transactions was carried out.

At this phase 0.001 steem have been sent to @barnabie and @focusnow and @sapwood, at one click, that is the escence of ecosystem it makes transactions very eazy and efficient, you can see the various blocks courtesy the transaction I just did.

using Steemyy demonstrate how to send the different amounts to different users with different memo and how to send repetitive/recurring amount at the pre-defined interval?

Exploring this is almost the same process at to when you send the same amount to different people at one click, but here I will send steem token of different amounts to different user's persons. The process is quiet simple if you follow the right steps.

• First make sure you gain access to the steemyy.com and follow the steps thereby exploring then

• Click on Tools, and when it has opened screw down and click on the axis marked red Which is steem wallet tools, sending SBD or steem to multiple accounts.

• Exploring this remember I'm still making use of the steemit.com, once you are done clicking on tool, and exploring the Steem wallet tool, you then have to apply other parameters.

• First of all your steem ID at this point you have to imput the account that you will be transferring your from.

• Since you are sending different steem to different account, the account section can be left for now.

• Next phase is when you have to selec your pair this is done regarding the one that you want to send. From the image as you can see I selected the pair of STEEM/HIVE.

• Include your memo and screw down to select the different persons that you want to send your steem token to.

• Once this is done you are free to go click on the next botton a phase will be given to you consisting on the transaction details and blocks.

• As you can see from the image uploaded I sent three different steem token to three different persons at one click.

• Check the image below you will find out that all token where sent in unism.

how to send repetitive/recurring amount at the pre-defined interval?]()

This particular one executing it firstly you have to gain access to steemyy.com, click on Tools, screw down clock on steem wallet tool, then start exploiting

• After this phase you need to fill in some parameters in order to send repetitive amount at the the predified time intervals.

• At the Steem ID provide your username probably where the token you are going to be sending the account that it will come from.

• Provide your keys, very import and note your keys won't be stored in there, it only shows that you are the owner of the account.

• In the pair axis I selected STEEM/HIVE, since I'm sending steem, leave the amount side empty since you aren't going to be sending same token to the same person.

• Your memo can be anything of your choice, screw down and imput the various account you want to send to, note don't Add @, while sending

• You can simply do for example I wand to send to sapwood, and focusnow it should be like this

sapwood 0.002 steem

focusnow 0.001 steem

• Now one important thing here is that as you keep hitting the send botton, so shall the message keep going and the various blocks keep appearing.

• Your message will keep on reoccurring with the designated amount assigned to various recipient. Take a view below the ones I sent.

• As I keep hitting the send botton, the message will keep on reoccurring, repetitively at the assigned amount already imputed.

• The whole process isn't automated, but as you keep on hitting the sending bottom the message keeps on repetitively sending.

What if you enter a wrong/invalid address in Multisender or Multisend(dApps) and Steemyy(dApp)? Does the application(Steemyy in Steem Blockchain or Multisender in Etherum) allow the transaction to go through if you have entered a wrong/invalid address? Showcase with the screenshot(what does the application says when you enter a wrong address)

Etherium multi-sender dApps

• If you enter an address in the multi-sender dApps that Address is supposed to be ERC-20, anything short of that it will be flagged invalid and the transaction won't go through.

• The token address remains intact courtesy Etherium blockchain,

• From the image uploaded you will find out that I entered the wrong address that's why it's been flagged off in a red colour, meaning I can't execute this transaction.

• Also remember that before you do this your account must be connected, if not it won't work.

Exploring steemyy.com

The process is simple efficient and cool, if only there won't be mistake, because if there be your transaction won't be effective and effective, here I wanted to transfer some tokens to different persons and I made mistake courtesy my keys it was quickly flagged off, take a look.

From the image uploaded you will find out that the transaction wasn't confirmed and because there is a mistake in one end not just the address but if both the usernames isn't spelt correctly there will be probl, or if the username you mistakingly provided isn't registered to Steem your transaction won't go through.

I included all the necessary parameters but in the end I omitted some key things and my transaction didn't see the light of the day. If you check very well from the box you will find out that there aren't any confirmed transaction and there isn't any blocks too to show. So you can Begin to sense that there is a mistake somewhere.

Conclusion

• From my homework you will understand that steem ecosystem, courtesy blockchain have made things very effective and eazy for us to exploit, you can now send tokens at a single click, this makes transactions fast efficient and eazy to access and it saves more transaction fees.

• while connecting Etherium wallet metamask to multi-sender, one thing you should note is that first your account must be connected to each other by so doing you can execute your sending options and exploit it.

• If there are omission in the metamask before sending courtesy multi-sender, the system will have to notify you and by so doing you can make amends

• Using steemyy.com is very efficient fast and safe you can use it anytime, you can send STEEM tokens to many people at the instance of one click, and if there are errors the transaction won't go through and at the yellow section blocks won't be provided.

• If you have done your achievement5 task3 you will surely unders how steemyy.com works.

Many thanks to you professor @sapwood, I have learnt alot, from you courtesy this lecture you delivered, hopefully in subsequent time we will do more of this once again thank you sir

Cc:@sapwood