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GREETINGS EVERYONE

I HOPE THAT ALL OF WILL BE FINE AND LIVING WITH COMFORTABLE LIFE. TODAY I WANT TO TELL YOU ABOUT DIFFERENT TYPES OF KEYS IN STEEMIT.

Different types of Keys functions and restrictions

STEEMIT uses a variety of keys and passwords, each of which is linked to a certain account.

Each one serves a distinct purpose, as follows:

1: POSTING KEY

We utilise the posting key to connect on to our steemit accounts.

• Accounts can use this key to post, remark, vote, and follow other accounts.
• Through their STEEMIT PROFILE, all other interesting users can follow and comment on their postings.
• The posting key will prevent any third party from transferring cash from your account, such as assets from your wallet or engaging in inter-bank transactions.

2: ACTIVE KEY

It's utilised for monetary and wallet-related tasks > - Transferring tokens and increasing and decreasing the value of STEEM.

• Users can also transfer funds, trade the internal market, move and control funds, and vote for Witnesses after converting Steem Dollars.

3: OWNER KEY

It's apart from your master password,

• it's a crucial piece of information.
• Your steem account is completely under your control.
• The owner key should only be used when absolutely essential. Because it can modify any account key, including the owner's,
• It is the most powerful key.
• You can transfer any funds in your Account using the Owner Key.

4: MEMO KEY

The Memo key is the only key that is used exclusively for Private Messaging.

• It is used to encrypt and decrypt memos when transferring funds.
• It's also how private communications sent and received through your Steemit account are encrypted and decrypted.

5: PUBLIC KEY

Public keys are used to encrypt and validate messages and are associated with usernames. These aren't necessary for logging in.

STEEMIT WALLET

This is almost like to standard cryptocurrency wallets .

• It allows us to transmit, receive, and store steem, but it differs in that it incorporates a novel notion of having three sub-wallets all linked to stem.

i ) Steem wallet - used for the native coin
ii) Sp wallet - used for store steem power
iii) SBD wallet - used for the steem based dollar