Home Work Task Participation to Tron Fan Club || Security On Steem Blockchain

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Hello crypto friends,

I count it all joy to appear before this great community in attempt to the homework task given by our hard-working mod @engrsayful.

We have been working on steemit for a while and as such, it is important that we provide befitting answers to the questions that will be asked.

Please follow along as I provide a quick answer to the questions asked.

EXPLAIN IMPORTANCE OF STEEM ACCOUNT SECURITY WITHIN 60 WORDS

Steemit is a decentralized platform which means that it is not under the control of anyone, thus making it important that we protect our steem account.

The concept of decentralization implies that once the keys to an account is lost, it will be very impossible to gain the account again.

In a sentence, its important to keep your account secured because it's impossible to recover funds once the account keys are lost/compromised

GIVE YOUR OPINION ON STEEM KEYS

From my opinion, the way steem keys are made is awesome.
Each key has a different operation and this is awesome.

For example the private posting keys can only be used to make posts and give upvotes to other accounts.

The opinion on creating numerous keys further helps to keep an account safe because only a specific key can give one access to his wallet.

WHY MASTER PASSWORD IS THE MASTER OF ALL KEYS?

The master password can be referred to as the master of all password because it has ultimate control over other passwords.

The master password sometimes known as the owner password is the only password that cannot be retrieved when lost.

When other passwords are lost, the master password can be used to retrieve them but there is no option to retrieve the master password

EXPLAIN SHORT ON PASSWORD CHANGE AND ACCOUNT RECOVERY OPTIONS IN STEEM.

Password change and Account recovery are very important options available on steemit that gives an owner the opportunity to take control of his account again.

In the long run, it is possible that our steemit keys get compromised/stolen.
It is then that we make use of the password change/account recovery options.

The password change option is used when we wish to change our keys probably because it has gotten into the wrong hands, and the account recovery options is used when an account is stolen and ownership has been changed.

Below are some useful screenshots

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ADD AT LEAST A SECURITY GUIDELINES ALONG WITH MENTIONED GUIDELINES IN THE POST.

• You need to ensure to make use of your posting keys the most since it performs almost all activity on steemit or better still, login only on trusted sites

• Never store your keys on your mobile phones or computers as anyone can easily get assess to it when your computer is hacked.

• Store your keys in a very safe place, ideally online and it should be thoroughly backed-up in case you misplace your device