Assalamu Alaikum/Hello
Friends of my blurt space Community
I'm @fizz.vai from Bangladesh

Education has no age. Again, there is no specific medium for learning. We are constantly learning from the nature, people, environment around us. There are many things to learn in this classroom. It's hard to tell when and how much you'll learn from anyone.

Each of us is good at something. So if we all share what we know from our own position then many can benefit from this knowledge. With this aim Blurt space Community I am writing a series called educational where I share what I know. Those who did not know these things before, hope they will benefit.

Detailed discussion on savings account

A few words at the beginning:

Settings Wallet (Savings Wallet) is an important feature of blurt blockchain. The blurt blockchain did not include this wallet feature at its inception, which was added later. When we talk about wallet security we talk about blurt power and different keys. Also talk more about password backup and layering and password protection but as a very small topic we need to have some knowledge about shavings wallet. Today I will try to share some details about blurt's savings wallet.

What is Savings Wallet?

Savings Wallet is a part of blurt wallet. This wallet works much like our normal bank savings account i.e. money can be withdrawn at short notice much like a savings account. It can be considered as a feature between steam power (Bp) and liquid steam (blurt). For example, blurt power needs to be liquidized for a period of time, i.e. one quarter every week for a month. Liquid blur on the other hand we always see in liquid form which can be transferred anytime. But the blur of the settings wallet needs three days to liquidate. That is, it has to be liquidated within three days.

Why Savings Wallet:

There are many people who have a large amount of blurt in their account and want to sell it at a favorable price. So put the blurts in liquid form in the wallet. This is a risky thing because if the wallet is ever hacked then the hacker can immediately transfer them to Steam and SBD. Savings wallets have been introduced to give these liquid tokens a little more security. Short term investors can benefit from this as well as ensure the security of the wallet's tokens.

That is, if for some reason the account is hacked or the password is stolen, then this system is kept so that the hacker can remove the blurt token from the wallet. That is, if your account is ever hacked or password is lost or it goes to someone else then he can easily take your liquid blurts but if you keep it in savings wallet then it has to be done with three days notice and within these three days period you are very You can easily recover your account and change your password. Those who have a lot of blurt in their wallet can opt for this feature to keep their liquid tokens safe.

The existence of this savings account is mainly to prevent the theft of liquid tokens through account hacking.

How to Deposit and Withdraw in Savings Wallet:

To deposit savings wallet first you go to your blurt wallet and login with active key. You can deposit two types of liquid tokens (blurt) in your savings wallet. If you click on the blurt token dropdown menu, you can see there is an option called Transfer to Savings (Transfer to Savings), click on it. Now you will give the amount and with active key you can transfer your blurt from liquid token to savings account. Later, you have to give them three days to convert them to blurt again. To withdraw, go to the dropdown menu of the savings wallet and select the Withdraw blurt option and your active key will complete the rest of the work.

Last words:

Those who want to keep a lot of blurt wallet as liquid especially for trading or as a means of short time investment should use this savings wallet because if you have too much blurt in your account it will be hacked by hackers at any time and you will have a big loss. will go And those who want to keep it for long term can store blurt by purchasing blurt. This is the best.

Savings account is not really important for us normal users of blurtspace as we believe in power up without liquid tokens and we want to keep power up which we want later in 1/4 every week and liquid again in a month. I can do it. And since we don't have a lot of liquid tokens stored in our wallets, there is not much reason for us to use the savings. However, those who want to keep the liquid tokens for a while and then sell them can keep the blurt in savings and three days before the sale, you can bring them back to the wallet and then sell them, so you will be much safer.

Hope you have got a fair idea about Savings Wallet issues and thanking everyone, this is the end of today.

My request to the team @megadrive @saboin @angelica7 @nabeeel @zahidsun If you help me I can play an important role in eliminating unemployment and at the same time bring many investors to this platform. Due to which this platform will become more popular among people.

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