Achievement 2 @sachingeorge Task : Basic Security on Steem

in Newcomers' Community3 years ago

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Hello Everyone, I am doing my Achievement 2. Which will be basic security on Steem

I have thoroughly gone through the Achievement 2 Guide from this post ach2guide and I understand the main Objective of Achievement 2 and the proper use of the 5 Steem key which I received while creating my account, like a Master key, Owner key, Active key, Posting key and Memo key.

After going through the guide, I was able to understand that it's very important to properly secure the Keys that we received and if it's lost, our account will be unable to access and it will go useless and there will be no way to recover without any of the high power keys. I was also able to understand the importance of keeping a hard copy of the passwords that we own, as HDD storages are not 100% reliable and sometimes due to natural calamities HDD can get damaged and our entire account will go to waste, so it's important to save the passwords in an offline method is also required. I have done it already, as I don't own a printer I wrote it down in my notebook and kept it safe in a place where no one can find it.

HR 2 by sachingeorge.png

COMMON TASKS FOR COMPLETING ACHIEVEMENT 2

Question 1
Have you retrieved all your keys on Steemit?
Question2
Do you know each of these key functions and restrictions?
Question 3
How do you plan to keep your master password?
Question 4
Do you know how to transfer your Steem token to another Steem user account?
Question 5
Do you know how to power up your STEEM?

source of questions

HR 2 by sachingeorge.png

Q1.png

Yes, I have and I also understand it's important not to use the keys in 3 party software or websites as there is a great chance of risk of phishing

Q2.png

Each key that we received has its own purpose, functions and powers, as the keys in the highest levels (master password and owners key), have the power to change other keys and they are used for account recovery purposes only.

Memo key is used for encrypting and decrypting the memo while we make a transfer or transaction

Active key is used for making Transfer of funds, Powering up/down, converting Steem tokens/SBD and updating our profile details.

Posting key is the most commonly used key and its purpose is for making posts in Steem, commenting, edit, vote, resteem and follow or mute others

Q3.png

I am planning to keep the Master Password and Owners key separately as they both have the power to modify our accounts and changing the password (keys). it will be kept offline in a paper in a safe place

Q4.png

Yes, the first thing to do will click on the wallet at the top right of our profile

wallet.jpg

Login to your wallet with the Active key and click on the mini down arrow near STEEM and click on Transfer from the drop-down menu

1 transfering fund.jpg

In the next window give information like recipients name, amount of Steem, and memo

TRANSFER.jpg

And click next. Active key is used for transferring the funds

Q5.png

Yes, Inside wallet click on STEEM drop-down arrow and click on Power Up

powerup.jpg

Inside the new menu enter the amount which you need to convert into STEEM Power and click on Power Up

Active key is used for Powering Up our Steem Account

powerupfinal.jpg

HR 2 by sachingeorge.png

Conclusion

This task was really helpful for me as, I was able to understand the purpose of the 5 keys, which were given to me at the time of joining Steemit and I will make sure to keep all, the 5 keys securely with me in a safe way.
I was also able to learn the basics of using the wallet as well. Achievement 2 was really useful to me and also feel free to point out the mistakes I made, If any

HR 2 by sachingeorge.png

want to know more about me, well here is my introduction post

Sort:  

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:3

 3 years ago 

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 3 years ago 

Hey!! Welcome to Steemit!!

I really hope that you enjoy your time in this great platform.

You might be wondering… What to do now?!

My suggestion for you are the following, join us in:

  • Writing & Reviews: The best place on Steemit to share your creative writings, diary posts and other reviews that you’d like to post (no matter if it’s book reviews, movies, games, music…).

  • Steem Argentina: Join us for general topics! We’re a community of Argentinians, but feel free to come and share with us!

  • Steem Geography: Interested about Geography? You won’t find a better place than this one! 😉

  • Steem Wellness: Wanna share your beauty secrets or how well you trained? This is your place!

Don’t miss them out, we run weekly contests in all of them!
We’d love to see you there!!

 3 years ago 

As I was searching for a community to share my travel-related and review related content. thanks to you, I finally found it. I will join Steem Geography and the writing and review community for sure.

 3 years ago 

Hi, @sachingeorge,

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

 3 years ago 

thank you @heriadi

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