Achievement 2 Basic Security on Steemit

in Newcomers' Community3 years ago (edited)

Good day Friends,
Hope you guys are good?

My achievement1 has been confirmed. The aim of writing this post is to meet up to the required task giving by @Cryptokannon and other hierarchy in steemit.

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SECURITY

Security is freedom from or resilience against potential harm (or other unwanted coercive change) caused by others.

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SECURITY SYSTEM ON STEEMIT

It is very necessary for newbies and other steemers to know the importance of knowing the security system and how it works.

Question 1

Have I retrieve all my keys on steemit?

Yes, I have retrieved all my keys on Steemit and I've also saved them in my personal hard drive and also saved them in my google cloud and also in my personal diary.

Question 2

How can I keep my Steemit account secure?

Save your master key and keep it somewhere safe, you can write them out on your dairy or backup your keys on your google cloud or icloud. Be mindful of any other persons claiming to keep your keys safe. They may not be safe and could even have vicious intentions.

Question 3

You see Keys in your account whenever you login or you have been hearing about keys, and you ask your self what are these keys? What are they use for?

Steem has five different types of keys/password and each of them are associated with an account. These keys are Owner, Posting, Active, Memo & Signing keys. Each of them has its functions and limits. Posting, Active and Memo keys all have a private key that you can view on steemit. Your private owner key is the key/password you use to login into your account. It is not wise for you to share it with someone else. Each key has a unique function they perform.

Owner key

This is the most powerful key because it can change any key of an account including the owner key. Ideally it is meant to be stored offline and only use to recover a compromised account.
It's also used when changing password.

Posting key

The posting key allows accounts to post, comment, vote, and follow other accounts.
users can make write out post & comments via their Steemit user profile, while upvoting and follower other interesting Users. The Posting Key will restrict third parties from moving any funds from your Account such as moving any assets from your wallet or engaging in internal Market to trade.

Active key

The Active Key can perform almost all functions that the Owner Key can do with the account except for changing the Owner Key itself. However users change all other keys on an account, with the active key and it also can do everything Posting key is set to do
User can also transfer, trade the internal Market, move & control Funds and Vote for Witnesses.

Memo key

The memo key is the key used for encrypting and decrypting memos when transferring funds.

Question 4

HOW TO TRANSFER YOUR STEEM TOKEN TO ANOTHER STEEM USER ACCOUNT

How to transfer steem token to another user is quite simple

Click on your profile
Screenshot_20210704-120059.png

Click on wallet
Screenshot_20210704-120054.png

Click on transfer on the drop down menu
Screenshot_20210704-120049.png

Dialogue box will appear then you fill in with the username of the person you’re transferring the money to and the amount you are transferring.
Screenshot_20210704-120044.png

HOW TO POWER UP YOUR STEEM

Once again click on your profile
Screenshot_20210704-120039.png

Click on Wallet
Screenshot_20210704-115400.png

Click on the first STEEM option with the downward arrow and select power up.
Screenshot_20210704-120032.png

A menu will appear. Enter the amount you want to power up with and click on power up.
Screenshot_20210704-115420.png

These are the basic securities measures on STEEM you should know about.

Thanks for your time

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 3 years ago 

Hello @remix001, the explanation of owner and memo key is not your content. Edit and try to put down your understanding of this keys and their functions

 3 years ago 

Edited... Thanks
I have kept it simple and understandable


Curators Note :2

Hello @remix001,

Congratulations! You have passed this Achievement You may now proceed to the next achievement task following the article.

For more updates, keep following @steemitblog.

Best Regards!!!
@boss75

 3 years ago 

Hi, @remix001,

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

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