First of all, I want to express my sincere gratitude for the love, support and mentorship this platform has shown me. I say thank you so much.
Basically, steemit is a unique social media platform or community where one is rewarded for his or her contribution to the platform through postings, commenting, voting etc. This reward is based on your influence on the platform which is measured by your steem Power. Due to this payments and rewards, there is a need for protection (key) which can be used uniquely by the user. As the saying goes "The children of God were gathered and the devil was there too". This is to protect the person from intruders.
Uniquely, I have been given all the keys and passwords. Also all has been retrieved and kept closely. Thanks to steemit.
Moreover, the relative, importance of keys depends on what it is used for. Also, this importance is based on how much the activity is related and closer to the financial account. Beyond these keys is a password which form the basis for these keys. This means, all other keys were generated through the password which is usually referred to as the Master password.
The keys are also classified into private and public keys. The private keys are used for more sensitive and critical aspect of the account while the public keys are basically use for verification of massages and coding.
The keys are use for three major roles; authentication, encryption and decryption.
The following are the keys and password used in the steemit platform.
Tron private key. This is used when one is transferring tokens, voting and freezing. It is the most sensitive key of the Tron account.
Tron public key: This key can also be used for transfers and also it's the key through which address tokens are sent.
Steemit keys
The public keys:
The public keys are only used for coding and massage verification. This include;
Public posting key:
Public active key:
Public memo key:
Public owner key:
It should be noted that these keys are not provided due to security reasons.
The private keys:
The private Posting Key. This is the weakest of all keys. It is used when dealing with operations on the social media platforms. This include; postings, commenting, editing of previous Posts, following, to unfollow, to resteem and muting other accounts. This key is restricted from activities like; fund transfer, voting, powering up or down transactions, market order placing, steem dollars conversion and other high herichical activities such as keys recovery.
The private active key. This is the second in category of the keys relative to their importance. It is use for tasks like fund transfer, voting, powering up and down transactions, steem dollars conversion, order placing in the market as well as updating profile details and avatar. The key is restricted from activities such as account recovery and other advanced activities.
The private memo key. The key is basically used for encrypting and decrypt during fund transfer.
The private owner key. This key is an advanced key. It could be used to change the other weaker keys and even itself. Its weakness is that, it is not used in the generation of other other keys.
The Master password. This is the alternative key in the steemit world and it form the basis of the security of the blog. It is used to generate all other keys and mainly used in the account recovery process as advised by experts. It is also advised that it should be kept at a point of high security and caution should also be taken when keeping it, to prevent it from getting missing.
The best way to keep my Master password is one of most important priority to me. This is because I will loose all efforts I have invested if I loose it. Considering the various method of storage of Master password which includes; keeping it in an external hard drive, pen drive and other offline means. All of them have their drawbacks and weaknesses. But my choice Will be based on the rule of investment which says that" we choose an investment which gives the highest possible returns and the minimum risk". Intuition, I will choose the method with the highest security level and the lowest tendency of being damaged. By this, I will opt for keeping it in a deposit box on a laminated paper and well locked up in my critical place in the room. This also seem risky in the case of fire outbreak. My account's Master password is as important as any other important assets such as money, certificates among others which has been kept at the bank. So, I will have only the password on a laminated paper without the the attachment **"Master password"**. This will create no meaning to anyone who sees the password and now keep it at the bank with my other assets.
Transferring funds to another user account is very crucial and should be handled with all sorts of caution and seriousness. However, all thanks to @cryptokannon it has been made simple.
How to transfer steem from your wallet to a different wallet.
The following are the steps involved in transferring funds to another user account.
We assume that you are on your profile.
Check on the bottom left corner of the page and click on 'wallet'.
A new page appears, this page has the following subheadings; steem, steem Power, steem dollars and saving. Click on the STEEM and select 'transfer' from the drop box.
A new page will appear, enter the recipient's account name (@albertodecrutor), the amount of steem and press NEXT.
A new page appears, confirm the details and clickOK.
The final page appears, enter your active key and press SIGN IN
Powering up refers to the process of increasing ones influence or his or her stem Power on the steemit platforms.
The following are the steps to power up your account.
How to power up with steem
From you profile, click on wallet at the bottom left corner.
.
On your new page, click on STEEM and select Power Up from the Dropbox.
On the next page, fill your details and click POWER UP
Confirm your details and click OK
Enter the active key and click SIGN IN
Conclusion
I want to thank @cryptokannon for guidance, mentorship and providing the necessary materials for this task. I say may you enjoy the fruits of your labor.
Cc:
@njaywan
@oppongk
@nattybongo
Hi, @reubensantos,
Your post has been supported by @nahela from the Steem Greeter Team.
Hi i am Sumit one of the team member of Steem Greeter.
I am happy to announce that i have successfully verified your achievement 2 post. Now you are eligible for performing your achievement 3 which is about content etiquettes. You can refer this post for your next task.
Note:
Rate:2
Well done in completing your achievement 2.
Thanks dear
Appreciated