Steemit Crypto Academy Homework Post for @Sapwood by @Chinma: Title : Multiple Transfers/Batch send at one click.

Today i am very grateful for another week to learn and write in the steemit crypto academy in conjunction with these amazing lectures by @sapwood on multiple transfers/batch send at one click.

1)Multiple transaction : is bringing different transaction into one rather than providing a new transaction for every request. It usually reduces the cost of transacting example bitcoin which reduces the overall bitcoin network load, allowing it to fit more in a smaller space.

It is very simple to save using multiple transaction, let’s say you took a friend to a canteen and you bought food for both of you for $40 and you give the seller $100 and he gives you balance of $60. Now let’s say 1 Ethereum is equal to $1. And you pay did a transaction of 100 Ethereum for you and your friends, the platform will charge you the same amount as if you did a 1 ethereum transaction. So that 100 Ethereum is a combination of many Ethereum for you and your friends.

Let’s say the transaction was successful, and it approved by the chain defined in the wallet policy, the entire transactions will be published to the blockchain as a single block, and the service provider will be only charged once for the network fee, instead of being charged for independent transactions.

Benefits

Multiple transaction in a single click is not laborious because it is fast and easy in a sense that you can send tokens to a large number of addresses within the shortest possible time which tend to save time and energy.

2)How do you connect your Ethereum wallet (Meta Mask) to multisender (Dapps) or multisend and perform multiple transactions in one click?

Multisender app is a tool for sending a large amount of ethereum tokens to a large number of addresses in a single click and with a single transaction fee, it is fast and easy.

I downloaded and installed metamask first.

Link

log into https://multisender.app/

Second click on connect at the top right-hand.

This page will be displayed, select metamask wallet.

A pop-up page of metamask connect page appears I clicked on next

On the next displayed page i clicked connect

Voila we have connected to our metamask wallet.

Back to our multisender app platform we now input eth as transfer token,
then input the address we want to send to and space before inputting the amount by the side
After that you click send

The page displayed shows there was not enough tokens, I would have clicked approve then finish.

Transferring same amount of SBD/STEEM to different users/ Transfering diffferent amount of SBD/STEEEM to different users

Log into https://www.steemyy.com/

Click tools from the angle shown

Click (steem wallet tool – send sbd or steem to multiple accounts) on this page

This page shows next where we input our sender’s address chinma without( @), then input our private active key, input the amount to be sent to the receiver, we select steem/Hive pair in the unit section, we input how many times the transaction will be sent in the (send x times section), interval whether every seconds or minutes we select, then input our memo and lastly our receivers account which can be with or without( @)

After that we click the send button

Practical transfer of same amount to different users

First and foremost, we input the sender’s username into steem ID section which is chinma who is the sender of the steem without attaching @ to the username.

Secondly, we then input our private active keys into the private active key section.
Thirdly, input the amount select steem as the unit, insert intervals which is every 4 seconds and send x times which is 2 times (that is every 4 seconds the transaction will be sent 2 times)

Click send

This page shows that the transaction is complete

Transfer different amount to different users
First input the sender username without @, input the private active key for transaction.
Since the amount to be sent varies we leave it empty, then select steem/hive pair in the unit section.
With the memo i will customize the memo in the memo tab because it is the same for all the receivers.

We input the receivers username with or without @, then input space bar followed by amount then space bar followed by the unit which is steem then all receivers username should be on one line each as shown below

After that we click send

A pop-up shows up to confirm the transaction , click ok

This shows the transaction is done...finir

3)What if you enter a wrong/invalid address in multisender or multisend(dApps) and steemy(dApps)? Does the application (steemy in steem blockchain or multisender in ethereum) 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)?

First log into https://multisender.app/

Then input the ethereum addresses, I intentionally omitted the letter of the second address and omitted the amount for both addresses, then click send

It showed me line 2 address is not a valid address
Line 1and line 2 showed wrong amount

Steemyy app

First log into https://www.steemyy.com/
For the first invalid addresses we intentionally misspell the receivers account user name sapwood and awesononso by removing one ‘’O’’ in their names

After that I clicked the send button

A page displayed tagging the transaction ‘’unknown key’’ because the username does not exist on steemit platform.

Second invalid address we add ‘’@’’ to the sender’s username or ID that is @chinma, on a normal there should be no @ attached to the sender’s username.

I proceed to click send
Below there is a message that shows invalid ID @chinma – account name should start with a letter.

Conclusion

First and foremost i appreciate professor @sapwood for this wonderful lectures, i was astonished when i found out these tools for the first time from your lectures and i think that is the lost piece i have been searching for in my transactions, particularly with the steemyy tool and also a great thanks to @justyy for this great innovation.

Cc:
@sapwood