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RE: Newbies Task 4 - A Commentary On How Ecency Dapp Helped My Hive Progress

in Hive Learners • 2 years ago (edited)

I spoke about how I would like that converting hbd to hive be reduced to immediate instead of 3.5 days.

Well. This feature was created to keep you safe. In case, your account is tempered with, you have time to recover it before the thief makes away with your assets.

Also, conversion works the same regardless of the frontend. Unless you want it now, you go straight to the market. But if it's conversion.... Three days is the deal

You did justice to the video. Well done

2 years ago in Hive Learners by
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     2 years ago  

    Well. This feature was created to keep you safe. In case, your account is tempered with, you have time to recover it before the thief makes away with your assets.

    Well that's fair. I guess sometimes some things needs to be sacrificed for our safety.

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       2 years ago  

      Also, conversion works the same regardless of the frontend. Unless you want it now, you go straight to the market. But if it's conversion.... Three days is the deal

      Thanks for pointing this out, Edy. I was about to. The 3.5 days average helps protect your in cases of very volatile price changes over the conversion period. It took me a while to figure out the difference between Conversion and Trading. In Yahuza’s case, he simply needs to Trade the token and not Convert if speed is his concern.

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         2 years ago (edited) 

        And you said better than I did.

        That's exactly what he needs to understand. Trading is different from conversion in terms of speed and other factors.

        Thank you for helping @depressedfuckup

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