Achievement 2. @mirac626 Task: Basic security on Steem

in Newcomers' Community2 years ago

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https://innovationatwork.ieee.org/cyber-security-advancing-through-ai/

Greetings my esteemed steemians!
having completed my achievement 1 task,
I am pleased to present to you my achievement 2 task.

Question 1

  • Have you retrieve your keys on Steemit?

Yes, I have retrieved all my keys on Steemit. Which includes the posting, active, memo and owner keys.

Question 2

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

Yes I do.
I've taken time to study each of the keys functions and restrictions. I'll try as much to explain to the best of my knowledge below.

Posting Key
This key permits an account to post, comment, edit, vote, follow/unfollow, resteem and also mute other steemit accounts.
It is best advisable and mostly used for regular logging's.
It cannot be used for any monetary or wallet related transactions, it is mainly for social actions.

Memo Key
This key is limited to only encrypting and decryption private memos that are sent through the blockchain during transfer of funds.
To encrypt a memo, the (#) is used before the message.
The memo key is currently the least key in terms of usage in the blockchain.

Active Key
This key is used during transfer of funds, powering up and down, converting steem dollar to steem, updating profile information and placing an order in the market.
It is used mainly for monetary transactions and can also perform the duties of the posting key but you'll stand the risk of loosing your funds if compromised.

Owner Key
This key is used to reset all other keys of any account. it can also be used to retrieve a compromised account.
It is best advisable to always keep it offline and secret.

Question 3

  • How do you plan to keep your master password?

I plan to saving it as a hard copy and also on the cloud storage.

Question 4

  • Do you know how to transfer your steem token to another steem user account?

Yes I do.
I'll be using an illustrated example of screen shots to explain this.
First, click on your profile picture at the top left and select wallet as shown below.

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Click on the steem amount ( it's 7.417 in my example). Then click on transfer to start the process.

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Fill in the page. ie the receiver's account username, followed by the amount of steem to be transferred and below that, the memo space (if any).
Now click on the Next button.

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You'll arrive at a confirmation page where you can review your entries if it is all correctly filled out. then proceed with a click on the Ok button.

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Now, your transfer is validated successful.

Question 5

  • Do you know how to power up your steem?

Yes I do.
Below is an illustration of how it can be done.

Get to your wallet page (illustrated in the 1st step of question 4 above),
Click on the steem amount (is 7.417 in my example). Click on power up from the drop down. (Image below)

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You'll be taken to a fill out page, enter the amount of steem you want to power up then click on the power up button to proceed.

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Power up would now be validated and all balances updated swiftly on your wallet page.

I have come to the end of my achievement 2 task.
Thank you very much for your attention.

Here's my introduction post link
https://steemit.com/hive-172186/@mirac626/achievement-1-verification-through-introduction

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 2 years ago 

Hi, @mirac626,

Your post has been supported by @wilmer1988 from the Steem Greeter Team.

Hello @mirac626, it is a pleasure to greet you and inform you that your achievement 2 has been successfully verified, i encourage you to continue with achievement 3 for the Newcomers' Community and thus continue to advance and reach achievement 4 to be eligible for steemit crypto academy.

The title of your publication should be: "Achieved 3 by @yourusername - Assignment: Content Protocol"

Remember to use the appropriate tags for the following achievement, #achievement3 and #venezuela, please do not forget at the end of the post to place the phrase:

"I have read and understood the Steemit Etiquette on Steemit Community and will do my best to embrace them."

Rate 1

It is important that you know and be part of the #club5050, for this you must maintain during each month a balance when turning on (POWER UP) no less than 50% of your withdrawals and transfers, in this way you will be contributing to the platform and you can be considered for have the support of the steemit team, learn more here

Greetings 👍

 2 years ago 

Thank you very much

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