Achievement 2 @debbiez Task: Basic Security on Steem
Hello steemians.
This is my understanding of the steem security system, what the different keys are, and how we use them.
When i had just joined steem before even posting my achievement 1, i changed phones. I remember contacting @head1, asking him how i was going to access my account since before loosing my phone i had already retrieved my keys and i thought i had lost the file that contained the keys. He said without the keys, i couldn't access the account, that i needed to create a new one. I was hopeless, but luckily i had backed up my keys and i found them.
So on steem, we have different keys that we use to do different activities like am going to break down. These keys help keep your steem it account secure.
This is like the first level key. It is used to do basic day to day activities like logging in to your account, posting, editing, commenting, resteeming, voting and following other users. This is the most used key.
We use this key for more sensitive tasks on steem for example transferring funds, power ups and power downs, converting steem dollars, updating profile information among others.
This key is used to encrypt and decrypt memos when transferring funds.
This key is the most powerful key and it can be used to change any other key. It us only meant for use whdn necessary.
This is not called a key, rather password. This is what can be used to derive all keys for an account, including the owner key. This master password should only be used when one is doing an account recovery.
All these keys are important and should be kept safe, especially the master password. If anyone accesses your master password, they can steal your account. It is recommended that you keep an offline copy of your master password, either on an external disk or hard drive, or a hard copy stored very well. This is what i have also done.
Now let's go through how you can power up your steem.
First, you log in and go to your wallet.
After that you look at steem and click on the drop down menu, and select power up.
The next screen will ask you the amount you want to power up. Below, it shows your balance so you can choose either to power up all your balance or a portion of it. In my picture, my balance is zero because i just powered up recently.
After that you will see that your steem power has increased.
Having more steem power allows you to curate post and also increases your overall stake.
You can also transfer your steem token to another steem user, under your wallet. These transactions require that you use your active key.
Let's keep our accounts safe, keep steeming and keep growing!
Oopps @debbiez you just missed out on question #4 which has to do with how to transfer steem to another user. My advise is you go back and look at it. Mean while i like the way you have express your knowledge and know how on basic security on steemit.
"You have been verified by @njiatanga steem greeter for this task and you may proceed to the next achievement task at your convenience. Please refer to the guide on the Newcomers community to proceed to the next achievement 3 task Here
Content Etiquette.”
TASK RATE=2
Wishing you success as you take on the achievement tasks ahead and do bear in mind that you are eligible to be part of the support program for newcomers called #500SPMinnowsupport upon successful completion of your achievement 4 task
I did hint on it, just didn't do it in detail but i know about it.
Thank you so much for verifying my post. Can't wait to do the next achievement.
I am glad you where able to retrieve your keys. Keep steeming and enjoy your journey here on steemit. You are doing great.
Thank you so much!
Hi, @debbiez,
Your post has been supported by @graceleon from the Steem Greeter Team.
Thank you @graceleon