ACHIEVEMENT2/ by@abidshikh/TASK: BASIC SECURITY ON STEEMIT.

in Newcomers' Community2 years ago

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Hello guys.
I hope that you all of fine.my achievement1 has been verified by @haidermehdi . I happy for This. There are five question that are give by @Cryptokannon.

Question 1 :•Have you retrieved all your keys on steemit?

Yes, I have retrieved all my keys on Steemit.
I've saved all my private keys in digital file and in my in Google Cloud and personal computer and also in my personal diary.

Question 2:•Do you know each of these key functions and restrictions?

Yes. I know
Each has a different function which is as follows

1: POSTING KEY

Posting Key used by us to login account at steemit.This key allows accounts to post, comment, vote and follow other accounts.
The posting key will prohibit any third party from transferring any funds from your account.

2: ACTIVE KEY

It is used for monetary and wallet related actions, such as transferring tokens or powering STEEM up and down. converting Steem Dollars,User can also transfer, trade the internal Market, and Vote for Witnesses.

3: OWNER KEY

It is a very important key apart from master password. full control over steemit account.The owner key is only meant for use when necessary. It is the most powerful key Because it can change any account key, including the owner's.

4: MEMO KEY

Memo key is the only key is specifically used for Private Messaging,This key is used for encrypting and decrypting memos when transferring funds. it is also used to encrypt and decrypt private messages sent & received via Steemit account.

5: PUBLIC KEY

Public key are associated with usernames and are used to encrypt and verify messages. these are not required for login

STEEMIT WALLET
This is almost similar to the traditional cryptocurrency wallets we are used to, we can send, receive or store steem in it, but it is different because it includes a new concept of having 3 sub-wallets all tied to stem

i ) Steem wallet - For the native coin
ii) Sp wallet - to store steem power
iii) SBD wallet - For the steem based dollar

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

Yes. I have saved the master password in In my diary, and in google cloud with a few more numbers and letters to avoid discovery and theft.

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

Yes I know . How to transfer steem token to another user it's a simple.

Click on Wallet.

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Click on transfer on the drop down menu.

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

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

Yes I know.

Click on Wallet.

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Click on PowerUp

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

These are the basic securities om STEEMIT you should know about. Thank you for your time.

Regard

@abidshikh

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hello welcome to steemit. Your Achievement 2 task has been confirmed. You can move on to the next task. Follow @steemitblog for updates.

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steemit Turkey Representative

 2 years ago 

Hi, @abidshikh,

Your post has been supported by @svm038 from the Steem Greeter Team.

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