ACHIEVEMENT 2: BASIC SECURITY KEYS BY @rafyray

in Newcomers' Community3 years ago (edited)

SECURITY KEYS IN STEEMIT BLOCKCHAIN

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Before I continue let me thanks @steemcurator03 for verifying me as a steem member.
In this post I will be talking about the basic security in steem blockchain, as I mentioned in my introduction post I am a bit conversant with blockchain activities and I know in blockchain your key represent you money and it must be kept safely .
To prevent another user to illegally access your account without authorization password or keys are required , so i devoted much time in studying the keys steemit provide to it users to protect their tokens and How keep them safe .

In steemit a user is provided with five keys , each of this keys has a special function to play when it comes to securing your account .
Let me explain the basic steemit keys in my own language :

  1. Posting keys : as the
    name says posting it is required when doing blog activities such as posting , resteeming , editing , voting ,following and muting accounts .

  2. Active keys: this key is mostly use in the wallet actions such transferring funds , powering up or down of steem power , voting for witnesses , converting steem dollars to steem , it is also required during profile settings

  3. Owner keys : this is the key that has the capability to change other keys including itself , so saving this on a drive or on the cloud is very necessary because once you lose it it becomes diffIcult to reset a password unless you use the master key to regenerate keys if possible

  4. Memo keys : to read and send encrypted messages This keys is used

  5. Master Keys : among all the keys I call this keys the mother of all because after creating an account this is the first password you receive to generate all other keys , this must be kept safe because your account can be accessed by another user if they get this .

From my first experience in blockchain I realized leavings your account keys on one device is risky so I save them offline and this will be exactly what I will do to my master and owner keys .

TRANSFERRING TOKEN TO ANOTHER USER ACCOUNT

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Fist of all we I have to go to my wallet , log in with my active keys since I am to perform a transaction

if I have Steem dollar I convert it to steem and then click on the steem option then select transfer fund

Next I enter the user name of the receiver

Then select send

HOW TO POWER DOWN

from what I read you must earn some steem powers before you can power down , doing this you simply go your wallet and click on steem power

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Then you select power down from the menu

It will take seven days for steem power to power down to steem

Finally I will like to thanks @alhajibabajnr for helping me anytime I am confuse about something related to steemit, also a big thanks to my friends @njaywan 🙏 and @Kryptokannon for the brief explanation given in the newcomers’s platform

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 3 years ago 

You have been upvoted by @njaywan and I’m voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit. You may now proceed to the next achievement task.


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