So hello everyone how are you all hope so everyone is well and good so friends today i will be presenting my homework for professor @sapwood on the topic Multiple Transfers/Batch Send at one click.

Before jumping towards the homework i must appreciate the presentation and the way of explanation by him it is mind blowing and very easy to understand.

Question 1:

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

Answer 1:

Transaction means the transfer of funds from one account to another and when the fund is sent to multiple accounts with one click then it is known as multiple transaction in a single click.

Whenever we tend to transfer the funds then majority of the time there is certain fees associated with it and if those transaction would have done alone then it would have incurred the transaction cost that many times which will make cost of transaction very high but if multiple transfer is been done from single click then it lead to the saving of transaction fees.

The benifits associated with multiple transaction in a single click are:

• Saving of time.
• Transfer of funds to many people on the go.
• Efficient way of transferring.

Apart from these it is a saver of human resources which is one of the greatest thing and for people those who have a lot of transaction to do so this is completely an blessings for them as it is really a very cost effective and time efficient way to do it.

For example: Suppose that i have organised an contest and in that i have to transfer the participation rewards to over 50 people and if ill go by the conventional methods of transferring everyone individually for steemit wallet then it will take hell lot of time but now if i will use steemyy dapp then definitely i will be able to do it on the go which will save me a hell lot of time.

Question 2:

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?

Answer 2:

Steps to connect Ethereum Wallet to Multisend dapp.

• Launch the multisend dapp and click on connect button.

• After that we will get 2 options to connect to our wallet either through trust wallet or metamask. Choose one and proceed.

• After your wallet connected so you will be guided to this page where you can select your coin for multiple transaction and number of address followed by amount.

• Now select the coin and fill the address.

• After filling all the details and just click on the send button and that's all your multi transaction will get completed.

Steps to perform multiple transactions through steemyy.

• First go to the steemyy website and you will see this interface and then click on tools for more option.

• After opening the tools you will get the option to transfer steem/sbd to multiple accounts click on that.

• Now you will get this interface and now you can fill the details.

• Now fill the details including the username of the account through which you will transfer your funds and the name of accounts to which you are willing to transfer.

• Now after clicking the send button you will get this option.

• Just confirm it and you will get this pop up and all your transaction will get completed.

I have transferred 0.001 steem to
@ayushikumari
@nishika
@monz122

From just one click all accounts got transferred.

Now there are many options which you can use in order to transfer different amounts to different user or you can set an time interval on which these amounts will get transferred also you can use it to happen multiple times.

How to transfer different amounts to different users?

Just add the amount at the end of the name and all the different amounts will get transferred to all the accounts in which you want to transfer.

By clicking on these options you will be able to set all the parameters such as the interval at which you want to transfer, how many times you want to transfer everything can be done through this.

Question 3:

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)?

Answer 3:

What will happen when wrong address is put in Steemyy?

I tried inputting wrong address in the steemyy dapp.

After putting it i confirmed it.

After confirmation this was the message which got reflected.

So this is the way through which it reflects wrong input of address and this message gets reflected.

What will happen when wrong address is put in multisender dapp?

I tried putting wrong address on the dapp.

After processing it this was the message which i got.

So in both the dapps it is not possible to go ahead with the wrong address. So people had to be very careful and put correct address as if they will put wrong address then it won't get completed.

Conclusion:

It was really an great time completing this course and homework as these dapps were new for me and i am really very happy that it was explained by our professor.

I have completely understood the usage of these dapps abd they are really very very useful specially steemyy as i am very much active of steemit.

Thanks friends have a great day ahead.