Achievement 2by @basitawan820 Task : Basic Security on Steem
Achievement 2 :Basic Security on Steem:
In this post I am going to share with you the answers of achievement2 which are related to the basic security of steemit.
Question 1
Have you retrieve all your keys on steemit?
Yes ,I have retrieve all the keys. While during creating account, I downloaded the pdf of all the keys and saved it in my mobile storage . Also, I have saved the pdf in Google Drive. I know that these keys are considered very important .I have also save the pdf on my laptop.
Question2
Do you know each of these key functions and restrictions?
Yes, I know about the functions and restrictions of all these keys. @faisalamin and @cryptokannon gave us complete guide about all these keys.
Function Of all keys:
Posting key:
The posting key use to post, comment, edit, vote, resteem, and follow or mute other accounts.
Active key:
The active key is use for transferring funds, power up/down transactions, converting Steem Dollars, voting for witnesses, updating profile details and avatar, and placing a market order.
Owner key:
It 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 used to recover a compromised account.
Memo key :
This key is used for encrypting and decrypting memos when transferring funds. In order to encrypt a memo, use the pound/# sign before it.
Question 3
How do you plan to keep your master password?
I have download to pdf of All keys including Master key. Save the pdf on Google Drive .Also,i have save the pdf on moblie Storage, Notepade on Laptop.
Question 4
Do you know how to transfer your steem token to another steem user account?
First of Login to the wallet using posting key. Then click on steem .
Then click on transfer.
Then input the username where you want to tranfer your steeem.
Then input amount.
Then click on Next.
Question 5
Do you know how to power up your STEEM?
Click On Power up
Then enter amount of steem.
Then click on power up button.
I have tried to answer all the questions that were given by @cryptokannon .I hope you guys will like this post of mine and will encourage me.
I will be grateful to all of you.
Regards: Basit Latif @basitawan820
Link of My achievement1 https://steemit.com/hive-172186/@basitawan820/achievement-1-myself-introduction .
Congratulations on getting successfully verified over Achievement 2.
Best of luck for next Achievement.
You have been upvoted by hassanabid Greeter of Newcomers community..