Achievements2 basics security system in steemit blockchain understood @tcome 13/04/2021
greeting goes to @cryptokannon,@steemcurator03 and all steemit personnel for an undying privilege to be path of this ecosystem worldwide, thanks so much I sincerely appreciation . And this is my achievement2 ,I wish i would be telling in matters patterned to steemit security system.
BLOCKCHAIN.
The Security of the steemit blockchain,is imperative to understand to it full nature because With out the sense of how the security works on the blockchain persons might loose there assets and money accumulated over time and it may be suicidal to such affected personnel, inasmuch as the blockchain is concerned i guess so many steemit individuals must have misplaced there keys one way or the other but after this post i guess i must have made them understood the importance of keeping save all provided key to once blog.
In more elaborate terms, There are five basic keys found in any Steemit blockchain acount i.e all the steem account,atlarge; they are used for diverse importance and fundamental purposes in once steemit account ,hence i plead and advise you don't joke with it nor keep it careless it should be kept safe and not to be exposed indiscriminately. I was thought my introducer @smartcliff to save all keys offline just to avoid miss placement of my keys therefore i in turn advice all steemians to better safe theres offline as well,you can use your Google account manager to avoid total misplacement also.
Note:Of each keys theres a vital functions and purpose it was designed to work for and therefore tell you the functions on the keys listed below, its basic functionality as patterned by the steemit ecosystem.
THE TYPES OF KEYS AND ITS FUNCTIONS
* POSTING KEY:
This key is quite important because it was one of the keys demanded while i was trying to login my account. But i will say it not too relevant but it shouldn't be kept improper nor anyhow because in all it save actions atimes,i call it a primary key because it does less wok not much are required from it when there a call for higher level of security.
for publishing & edition of post and comment
use for upvoting & downvoting
used likely for resteem content
It enables one to follow people and friends
canc be used to mute accounts
*THE ACTIVE KEY:
This key important per say,& likely more acknowledging then the posting key & i suggest you should keep it very safe because it has authority & ability to links to
the financial aspect of your account,therefore this key us also used to access once wallet.
*The functions active key:
to transfer tokens
used for powering up & down of steem power &, steem as well
for editing your profile
can be used to vote for witnesses in steem
*Place an order on an exchange of funds etc
SBD Conversion and so on
create a new user in steemit
We can see that this active key plays a huge role in terms of it functions hence it safety is very important.OWNERS KEY :
This key serves basically as the masters key in some rear cases but it not the masters key anyway it can in occasion work in place of
master key i.e only in some minor cases,it powerful and very resourceful because it can be used to change any other keys on the account, including itself . I advised you save this password offline and in any other Google account manager for safety just to avoid displacement, also external disk are also acceptable to keep them safe.
The Fundamental functions ;
used to reset Owner, Active, and Posting keys
*recover your account
Decline voting rights
MASTERS PASSWORD
The masters password is the almighty key that is the superior key just as it mame implies,that key can take the place of any other key found in one's acount.and arbitrary you can't afford to misplace it, is used to unveil and unlock all keys on your account, even the owner key that was discussed earlier .doesn't do much in terms of key unveiling thou can be used at times,when one sign up for steemit it is the first password that will be given to you to login your wallet. This key are tend to be renewable when misplaced,therefore
keep it safe as others or better then them but If your master password is exposed to any third party site or if someone sees it, they can steal your account and all of the finance and valuables therein . So it is advice you save this password in the aproperit place.
MEMO KEY
The memo key i call it a confidential key it one of the keys that are not frequently used in the steemit blockchain or ecosystem although for the time it values however it has some trategic importance.
The fundamental functions;
- for sending an encrypted private message
*it is used for viewing encrypted private message
Finally,i seriously advise the proper handling of every key and safe storage of all provided passworf knowing
that as for the steemit blockchain and account atlarge
there are no place provided for forget password thus if you misplaced your master password and others etc, i guess you have lost your account for ever.Do not disclose your password and keys with any third party site as mentioned,the reason for all this emphasis is for the knowledge and consciousness of holding your key safe to avoid tears, there are phishing site that has been created to steal peoples funds all over the net thus one need to be very careful while using your keys, so you don't fall victim. Always remember, there is no way to recover your account if you lose your master password.
For better expansion on what i was saying on the mater of transfer of steem with sbd and powering down and up,below are picture with brief illustration.
Step one;
login and click on your wallet below is what you will see steem in green click on it,
Step two;
Now depending on what u want to do,buy steeem with sbd, power up ,transfer or trade all on your choice,but would choose transfer of steem, in your wallet, at the region steem click on the small arrow after the green coloured number you will see option being pop up as below.
Now you click on the option transfer it would
at once radiate you to the next page as below.
Hence you would see colons where you can write the amount of steem you want to transfer ,if it all beneath
the box you will see the total numbers of steem you posses at that time in a blue colour just click on it all amount would just literally apear on the upper box there put the address of who is recieving it and
also the memo below then click next it will take you to the below page.
Now you master or active key would be needed insert and proceed it will redirect you back to your wallet check on your steem position the desired steem transfer would go off at once.
Thanks for being path of my achievement two blessings
Blog image from Steemitwallet.com
Mr @bright-obias and @whitestallion i have done my achievements 2,sir.
It has been voted by @wilmer1988 and I am voting with Steemit Community Curator @steemcurator03, account to support newcomers who enter steemit.
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