ACHIEVEMENT 2//BASIC SECURITY ON THE STEEMIT BLOCKCHAIN BY ME @ALPHAMEN MENTORED BY @CRYPTOKANNON

in Newcomers' Community3 years ago (edited)

Hello everyone,am very glad to be a part of this great platform and to take a very big giant step to success and to achieve greatness.Today i will be completing my achievement 2 task.

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It is very important that every user of steemit blockchain platform understands the basic security measures. Keeping your passwords safe to avoid fraud and mistakes,and to be able to keep safe all the five passwords/keys as lots of passwords are required for each transactions. Every user should not disclose his or her passwords to a third party to avoid loosing of their account or scams.

THE FIVE KEYS IN STEEMIT BLOCKCHAIN AND THEIR FUNCTIONS ON YOUR ACCOUNT

• PRIVATE POSTING KEY/PASSWORD;

It is used on your personal account for posting of contents,editing of posts,commenting,follow or mute other accounts.

PRIVATE ACTIVE PASSWORD;

It gives you access to your wallet and for each transaction you carry out on your wallet. Private active password gives you the access to update your profile,power up and down transaction,transfer of funds,witness voting,Conversion of steem dollar and placement of market orders.

PRIVATE MEMO PASSWORD;

It is used to send an encrypted message and also to view encrypted message sent to you privately.

THE TWO MAJOR PRIVATE KEYS.

PRIVATE OWNER KEY

PRIVATE MASTER KEY

PRIVATE OWNER PASSWORD;

It is the most essential password among all the password,it is used to retrive any compromised account and it can change every other password on your account even the master password.

PRIVATE MASTER PASSWORD;

It is used to generate other passwords including the private owner password.

IMPORTANT QUESTIONS AND THEIR ANSWERS.

• Do you know the five keys and their functions?
Yes,i have studied and mastered them.

• Do you know how to Transfer your steem token to another steem user account?
Yes I know how to do the transaction.
In order to transfer your steem town to another account;

Screenshot_20210417-203659.png

• Go to your profile
• Click on steem wallet
• Click on the three bars on the right hand side of your phone.
• Insert your username and private active key.
• Go to steem
• Click on transfer.

Screenshot_20210417-203818.png

• Can you power up your steem??
Yes,
• Click on steem
• Select on power up
• Add amount
• Click on power up.

CONCLUSION

• Store your password both online and offline.
• Never disclose your password to a third party.
• Remember once lost,it can't be recovered.
Thanks for reading my post.
Special regards
cc:
@focusnow
@whitestallion
@kadosh2340

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 3 years ago 

Congratulations on your progress, your achievement 2 task has been verified, you may now proceed to the next achievement task.

You have been upvoted by @whitestallion and I’m voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit.

Follow @steemitblog for the latest update on Steem Community.

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