Achievement 2 @atiqueibneali Task: Basic Security on STEEM

in Newcomers' Community2 years ago

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Introduction
Greetings to the Newcomers' Community, I am delighted to announce that my Achievement 1 Introductory Post has been successfully verified by Mr. @heriadi, and I extend my heartfelt gratitude towards him for his support.

With a sense of anticipation and excitement, I now move forward to tackle Achievement 2: Basic Security on STEEM.

Steem is a blockchain-based platform that allows users to publish and share content while earning rewards. However, as with any online platform, security should be a top priority. This post will provide some basic security tips to help you ensure that your Steem account stays safe and secure.

In Addition
• It’s important for new Steem users to have a basic understanding of the platform's security features and how to use them effectively. Having knowledge of the various keys (such as the account posting key, active key, private owner key, and memo key) and their respective functions can help users make informed decisions about how they manage their Steem account.

• Having a good understanding of the Steemit wallet, including how to securely store assets and transfer tokens, is also crucial. This knowledge can help new users to effectively use the platform and take advantage of its many features and opportunities.
• Overall, it's important for all Steem users, especially new ones, to stay informed and up-to-date with the platform's security features and best practices, as the digital world is constantly evolving and new security threats may arise.

With the aim of providing comprehensive answers, I will now proceed to answer all questions to the best of my abilities.

Question No. 1: Have you retrieve all your keys on steemit?
Yes, I have retrieved all of my keys from Steemit. I make sure to store them in a secure location to ensure the safety of my account.
Question No. 2: Do you know each of these key functions and restrictions?
Yes, I have a keen understanding of key functions and restrictions.

Commencing now, I will proceed to explain the functions and restrictions of these keys in detail, one by one:

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The private keys related to Steemit are listed below:

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Function: This key is essential for maintaining the security of a user's account, as it provides a layer of protection against unauthorized posting.

Restriction: The restriction of the private posting key is that it can only be used to post content and cannot be used to make transactions or access other sensitive information on a user's account. Additionally, it is highly recommended that users keep their private posting key secure and not share it with anyone, as it could potentially result in their account being compromised.

In conclusion, the private posting key in Steem is a critical component for posting content on the platform and maintaining the security of a user's account, and users should take measures to keep it secure and confidential.

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Function: The purpose of the private memo key is to allow the account owner to encrypt messages, or "memos," that are sent to other users on the platform.

Restriction: The main restriction of the private memo key is that it can only be used to encrypt messages sent between users on the Steem platform. The encrypted messages can only be decrypted by the recipient who has the corresponding public memo key. The private memo key must be kept secure and confidential by the account owner, as it is the key to accessing any encrypted memos that the account may receive.

It's important to note that the private memo key should not be confused with the private active key, which is used to make transactions on the Steem blockchain. The private memo key should never be used to sign transactions, as this could potentially result in the loss of funds or other security risks.

In conclusion, the private memo key in Steem is a powerful tool for encrypting messages sent between users on the platform, but it must be kept secure and used properly to ensure the security of the user's account and information

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Function: The purpose of the private active key is to provide the account owner with the ability to make transactions and changes to their account, such as posting content, voting, transferring funds, and modifying account information.

Restriction: The main restriction of the private active key is that it must be kept secure and confidential by the account owner, as it provides full control over the account. If the private active key is lost or compromised, there is a risk that an unauthorized user could take control of the account and make unauthorized transactions or changes.

It's important to note that the private active key should not be confused with the private memo key, which is used to encrypt messages sent between users on the Steem platform. The private active key is used to sign transactions and make changes to the account, and it should never be used to encrypt messages or used for any purpose other than making transactions on the Steem blockchain.

In conclusion, the private active key in Steem is a critical component of account security and must be kept secure at all times. It provides the account owner with the ability to make transactions and changes to their account, but it also carries the responsibility of protecting the key and ensuring that it is not lost or compromised.

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Function: The purpose of the private owner key is to provide the account owner with the highest level of control and security over their account. With the private owner key, the account owner has the ability to make changes to their account information, including changing their other private keys (such as the private active key and private posting key).

Restriction: The main restriction of the private owner key is that it must be kept secure and confidential by the account owner, as it provides full control over the account, including the ability to change the other private keys associated with the account. If the private owner key is lost or compromised, there is a risk that an unauthorized user could take control of the account and make unauthorized transactions or changes.

It's important to note that the private owner key should only be used in situations where the account owner needs to make critical changes to their account, such as changing their other private keys or resetting their account in the event of a security breach. The private owner key should not be used for making transactions or posting content, as this could potentially result in the loss of funds or other security risks.

In conclusion, the private owner key in Steem is a critical component of account security and must be kept secure at all times. It provides the account owner with the highest level of control and security over their account, but it also carries the responsibility of protecting the key and ensuring that it is not lost or compromised.

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The keys related to TRON Account are listed below:

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Function: The TRON public key is a unique identifier associated with a TRON account on the TRON blockchain. It is a long string of letters and numbers that is generated based on the account's private key. The public key is used to receive transactions and messages sent to the account, while the private key is used to sign transactions and messages sent from the account.

Restriction: The main restriction of the TRON public key is that it should not be used to sign transactions or messages, as this could potentially result in the loss of funds or other security risks. The private key is the only key that should be used to sign transactions and messages, and it must be kept confidential and protected at all times. If a private key is lost or compromised, there is a risk that an unauthorized user could take control of the account and make unauthorized transactions or changes.

It's important to note that while the public key can be freely shared, it should still be treated with caution and not used for any purposes other than receiving transactions and messages sent to the account.

In conclusion, the TRON public key is a unique identifier associated with a TRON account, used to receive transactions and messages sent to the account. The restriction of the public key is that it should not be used to sign transactions or messages, as this is the function of the private key. The private key must be kept confidential and protected at all times to ensure the security of the TRON account.

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Function: The TRON private key is a unique, encrypted key that is associated with each TRON account on the TRON blockchain. It is used to sign transactions and messages that are sent from the account, and it provides the account owner with full control over their account.

Restriction: The main restriction of the TRON private key is that it must be kept secure and confidential by the account owner, as it provides full control over the account. If the private key is lost or compromised, there is a risk that an unauthorized user could take control of the account and make unauthorized transactions or changes.

It's important to note that the private key should never be shared with anyone or used for any purposes other than signing transactions and messages sent from the TRON account. The private key should also be stored securely, either by writing it down and storing it in a secure location or by using a secure digital wallet to store the private key.

In conclusion, the TRON private key is a critical component of account security on the TRON blockchain. It provides the account owner with full control over their account and is used to sign transactions and messages sent from the account. The main restriction of the private key is that it must be kept secure and confidential, as the loss or compromise of the private key could result in the loss of funds or other security risks.

Question No. 3: How do you plan to keep your master password?

I plan to keep my master password secure by following good password management practice, such as storing it in a secure password manager, and avoiding writing it down or sharing it with others.

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The master password in Steem is a password that is used to encrypt and secure the private keys associated with a Steem account. When you create a new Steem account, you are asked to set a master password, which is used to encrypt your private keys and secure your account information.

The master password is not stored on the Steem blockchain, but is instead kept locally on your device or in your digital wallet. This means that you are responsible for keeping the master password secure and confidential, as it is the key to accessing your Steem account information.

It's important to note that if you forget your master password, there is no way to recover it, and you will also be unable to access your Steem account or any funds that are associated with it. This is why it's critical to keep the master password secure and to create a backup copy in case it is lost or forgotten.

In conclusion, the master password in Steem is a password used to encrypt and secure the private keys associated with a Steem account. It must be kept secure and confidential by the account owner, as the loss or compromise of the master password could result in the loss of access to the Steem account and any associated funds.

Question No. 4: Do you know how to transfer your steem token to another steemuser account?
Yes, I'm familiar with the process of transferring Steem tokens to another Steem user account.

Here are the steps involved:

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Question No. 5: Do you know how to power up your STEEM?
Yes, I'm familiar with the process of powering up Steem.

Here are the steps involved:

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Powering up Steem tokens involves converting them into Steem Power, which is a form of stake in the Steemblockchain. Holding Steem Power gives you more influence and voting power within the network, and it also provides a long-term investment opportunity.
Link Achievement 1: My Introduction to Steemit

Here is the link to my first Introductory Post, which highlights my Introduction
https://steemit.com/hive-172186/@atiqueibneali/achievement-1-my-introduction

Special Thanks

@heriadi
@cryptokannon
@yousafharoonkhan
@adeljose
@radjasalman
@heriadi
@juichi
@ngoenyi
@tocho2
@inspiracion

Regards

@atiqueibneali

Sort:  
This Achievement Task is very important in our Steemit journey. You need to understand clearly the different important keys and their functions in the Steemit wallet. Be sure to store your keys safely.

Rate-3

You may now proceed to Achievement task 3.

 2 years ago 

Respected @juichi
I completely agree! Understanding the different keys in the Steemit wallet and their functions is crucial for a successful Steemit journey. I will make sure to study them thoroughly and store my keys securely to protect my assets. Thank you for reminding me of the importance of this achievement task!

I will now proceed to Achievement Task 3 and make sure to complete it to the best of my abilities. Looking forward to making progress in my Steemit journey.

 2 years ago 

Bundle of thanks @juichi for verifying my Achievement 2 and for motivating me through the process. Your kind and quick response is greatly appreciated.

 2 years ago 

Dear @abialfatih
Thank you so much for resteeming my post and for your support...

You are welcome my brother...

 2 years ago 
Great bro very good this achievement you have explained how you explained about all the keys of steemit wallet how we should save the keys private posting, private active key and also master password. Also about how new users can transfer steems from their steemit wallet to their binance because when new users come they don't know how to withdraw their steems and finally The way you share how to power step by step I really enjoyed reading your achievement 2 and learned a lot from it which I didn't know thank you very much for sharing with us basic security steemit put before us in simple words.
 2 years ago 

Dear @azeem22

I'm happy to hear that you enjoyed reading my post and that you were able to learn something new from it. It's essential to take the basic security measures that Steemit provides seriously, and I'm glad that I was able to help you with that. Thank you for taking the time to read my post and for providing your feedback. It means a lot to me!

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