ACHIEVEMENT 2 TASK: BASIC SECURITY ON STEEM ....// By @vio0000.ON THE APIRL 25/04/2021.

in Steeming Community4 years ago

Hello steemians!!

It is nice to get in touch with you all again after introducing my self on the Steemit in my Achievement 1 post.
In this session and part of my achievement in newcomers community, I am going to share my knowledge and understanding about the basic security on Steemit. At the first time, as the beginner I felt so confused about what the basic keys on Steemit are and how they work.. Then, I started learning from some sources such as from the artikel by @cryptokannon, @yeesja and @anjiatanga or the menu FAQ available on the website. It gives me the deep understanding so that I am confident to write this article in Achievement 2 task : Basic Security on Steemit.

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Just like any other social media accounts which require password to login so that the users can access the accounts, so does Steemit. But basically, Steemit is a little different because It provides its users with security system by generating multiple keys which are commonly referred to permission keys, they are posting key, active key, memo key and owner key.
These unique keys have their separate functions and they are so important to be known by the users of this platform.

Let's See What Security Is All About
Security means to keep a thing safely and protecting it from others without letting other people know about it.

Security of passwords is more efficient keeping it safely offline so that we do not lose it.

Basic Security can be defined as keeping things in a protected way and a safer side so that in future we could easily get it whenever we need it.

The Different keys On Steemit And Their Functions And Restrictions

Posting key: The posting key allows accounts to post, comment, edit, vote, resteem, and follow or mute other accounts. Most users should be logging into Steemit every day with the posting key

Active key: The active key is meant for more sensitive tasks such as transferring funds, power up/down transactions, converting Steem Dollars, voting for witnesses, updating profile details
Owner key: The owner key is only meant for use when necessary. It is the most powerful key because it can change any key of an account, including the owner key. Ideally, it is meant to be stored offline.
Memo key: This key is used for encrypting and decrypting memos when transferring funds. In order to encrypt a memo, use the pound/# sign before it.

I am grateful to @steemitblog ,
@cryptokannon ,and @yeesja
their assistance to newbies like me.

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 4 years ago 

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