Achievement 2 basic security on steemit by @chisomjoy

in Newcomers' Community2 years ago
Greetings everyone. It feels reassuring to be among the people here on steemit and today I will like to accomplish my Achievement 2 task.

HAVE YOU RETRIEVE ALL YOUR KEYS ON STEEMIT?

I have retrieved all of mynsteemit keys. I downloaded them as a PDF file immediately after i registered and the PDF contains the public key, private key, posting/Active key, memo e.t.c

DO YOU KNOW EACH OF THE KEYS FUNCTION?

The functions of each key differs, ranging from login key to the signing transfer keys.

PUBLIC KEY

It is safe to give out the public key anywhere in the web, it's okay for others to see the public key as it doesn't have any risk of your account being hacked through it. The public key usually stsrts with S.T.M which literally means Steemit therefore they can also be called STM keys. These keys can be used for verification.

PRIVATE/POSTING KEY

This key is basically used to login to your steemit account, hence it's risky for others to see this key because they can use it to access your account. This key can be used to do actions like upvote and posting an article.

ACTIVE KEY

The active key can be used to do variety of things. Unlike the private key, this key is used for wallet activities. It is used to sign transactions like transfers, exchanging SBD for STM in the Steem market, powering up and down. It's highly risky if this key goes to an untrusted hands because the contents of your wallet will be at a high risk of disappearing. That is why a steemit user needs to protect this key by all means possible.

OWNER KEY

This is another key in the Steemit system that surpasses all keys. This key must be saved by all means possible because with this key, one can get all other keys. It is also called you master password.

MEMO

A memo csn be used anywhere, it can be used in transfers and receiving funds. There's no need to worry much bout it because it cannot be used to login or transfer funds. For example, if you are on any trading platform and you want to buy steem, they may request for your memo. That is a way of ensuring that your purchased coin goes to your account.

HOW DO YOU PLAN TO KEEP YOUR MASTER PASSWORD

I will upload it in my Google drive, write it down in my diary or in anywhere safe with access to only me.

DO YOU KNOW HOW TO POWER UP YOUR STEEM?

Below is a step by step process of how to power up

Go to wallet

Screenshot_20220512-010122.png

Click on Steem Dollars and then click on market to buy steem

Screenshot_20220512-010136.png

Buy desired amount of steem.

Screenshot_20220512-010624.png

Click on power up

Screenshot_20220512-010645.png

Enter desired amount of steem you wish to power up and click power up

Screenshot_20220512-010656.png

Screenshot_20220512-010716.png

Screenshot_20220512-010723.png

DO YOU KNOW HOW TO TRANSFER YOUR STEEM TOKEN TO ANOTHER STEEM USER ACCOUNT?

Below is a step by step process of how to make transfers.

  1. Click on wallet

Screenshot_20220512-010122.png

  1. Click on transfer

Screenshot_20220512-010136.png

  1. Feel in the details of the transfer

  2. Feel in your active key

  3. Feel in your memo if need be

Then click in transfer

Thank you for reading through my post. Have a lovely weekend ahead.

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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.

You have been verified for this task and you may now proceed to Achievement 3: Content Etiquette at your convenience. Please refer to the guide on the Newcomers Achievement Program on the Notice Board pinned post.

Curators Rate-2

Reminder

Use this upvote as your initial capital to join the #club5050 program which means to power up more than half of your cashout. Know that the Steem Greeter’s Team is very strict about this matter. We will check your wallet if you really follow the rule.

 2 years ago 

Hi, @chisomjoy,

Your post has been supported by @ngoenyi from the Steem Greeter Team.

 2 years ago 

Hi friend. You have done this well. Congratulations to you. Your explanation is very good. Congratulations on other achievements as well.

 2 years ago 

Thank you for coming by and also for the compliments..

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