Achievement 2 @harshith2255 Task : Basic Security on Steem

in Newcomers' Community3 years ago (edited)

Hello, fellow steemians I hope you all are well.

I have recently completed my Achievement-1 post recently, I have learned so much from that post and after completing the post I joined various communities and explored steemit as much as possible. I have learned the importance of securing private keys from my personal experience of using the wallet, Completing the achievement post boosted my confidence now I think I am ready for my Achievement 2 past.

basic security on steemit.png

Now let's look at the answers to the following questions

Question 1
Have you retrieved all your keys on steemit?

Answer
Yes, I have retrieved all my keys at the time of registration which includes 4 private keys and 1 master password related to the steemit account, and 2 more keys related to my TRON account.

Question2
Do you know each of these key functions and restrictions?

Answer
Yes, I do

I have learned the significance of these keys from these resources

Now let me tell the significance of the keys according to my understanding one by one.

  • Posting key
    I think the posting key is the most fundamental key used on steemit you can use this key to post, comment, edit, vote, resteem, and follow or mute other accounts. It is also recommended to use your posting key for daily login instead of your master password to avoid compromising your account.

  • Memo key
    It is used for encrypting and decrypting memos when transferring funds.

  • Active key
    The active key is mostly used in steemit wallet you can use it for transferring funds, powering up, powering down, converting Steem Dollars, voting for witnesses, updating profile details and avatar, and placing a market order.
    I already used my Active key for powering up once

  • Owner key
    The owner key is the most powerful key and it is recommended not to use this unless to recover a compromised account because this key can change any of the keys related to the account including the owner key itself too, So it is recommended to limit the usage and store it very securely.

  • Master password
    The master password has the power to derive all your keys for your account including the owner key so store it very securely, because if the master password is stolen then there is a high risk of getting your account compromised.

Now let's see the significance of the keys related to the TRON account.

  • TRON Public Key (TRON Address)
    This key can be used for transfers and also for linking your TRON account to your steemit account.

  • TRON Private Key
    It is the most important key related to your TRON account, It is used for signing transactions of TRON, such as transferring tokens, freezing, and voting.

Question 3
How do you plan to keep your master password?

Answer
I had all the keys in the pdf format so firstly I password protected my document and stored it in my personal hard drive and put the drive in the locker and I also had the hard copy of this document and put it securely in my file holder and I created another document consisting only of my posting and active keys as they are used very frequently and I password protected this document too and hid it in my computer.

Question 4
Do you know how to transfer your steem token to another steem user account?

Answer
Yes, I know how to transfer my steem token to another steem user.
First of all click on your profile picture on the right top corner then you will see a menu then click on the wallet option

Untitled design (1).png

Then after logging into your wallet you can see the steem token value just click on that value.

Untitled design (5).png

adter clicking on it you will see the transfer option click on it.

Untitled design (6).png

after clicking on it a window pops up in which you have to enter the receiver's username and the amount you want to transfer and if you want to send any message enter it in the memo.

Untitled design (7).png

After entering all the details a confirmation window will pop up just check the details and click ok and then finally a window pops up where you have to enter your active key and the transfer is done

Question 5
Do you know how to power up your STEEM?

Answer
Yes, I know how to power up my steem and I have already done it.

firstly sign in to your wallet as I showed above

Then after logging into your wallet you can see the steem token value just click on that value.

Untitled design (5).png
after clicking on it you will see the power up option click on it.

Untitled design (8).png

After clicking on the option a new window pops up in which enter the amount of steem you want to be powered up and click on power up

Untitled design (9).png

After clicking power up a confirmation window will pop up just check the details and click ok and then finally a window pops up where you have to enter your active key and that's it you have powered the amount of steem you have entered.

Thanks for this opportunity and I would like to thank @rishabh99946 for his continued support.

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Hey @harshith2255, This is Aniqa Mashkoor, a greeter helper.


congratulations! you have successfully completed your achievement 2. Now you can head towards completion of achievement 3. For this I'll recommend you to first read and understand this Achievement 3 : Content Etiquette guideline by cryptokannon

TASK RATE: 3


I encourage you to complete your achievements till 4 to be a part of NEWCOMERS SUPPORT PROGRAM which is 500SP Minnow Support Program in the Newcomers' Community.

Happy steeming :)

 3 years ago 

Thank you! @aniqamashkoor, I will try to complete till achievement 4 for sure

 3 years ago 

Hi, @harshith2255,

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

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