STEEM Blockchain Privacy

in SteemitCryptoAcademy8 months ago (edited)
Assalamualaikum dear brothers and sisters

Hope you all are doing well and good and enjoying the best days of your life. im @danish578 from Pakistan and you are reading my bloq On steemit platform.You all are welcome here with my deep of heart.

Introduction to the topic

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This is my participation in a contest S16W2: STEEM Blockchain Privacy organized in SteemitCryptoAcademy Community
by @crypto-academy

How does the STEEM blockchain incorporate privacy features for users, and what security measures are in place to protect sensitive data?

AsslamuAlikum hope you all will be fine now im going to talk about first question regarding sensitive data protection STEEM uses cryptographic algorithms and consensus mechanisms to make the network and data secure.Now im going to share some safety measures with you all.

  1. Cryptography: STEEM platform is using cryptography and algorithms for securing the transections private keys of users and also communication within the network.

  2. Consensus Mechanism: This mechanisms is a mechanism of delegated proof of stake and it is implemented by the Steem the duty for this mechanism is ensuring the security of the blockchain through the network of block producers but Important is that it must should be trusted block producers.

  3. Immutable Ledger: If You will do any transection then it will be saved on steem Blockchain it will be recorded then it can't be change it will become immutable that's why it's providing secure records for transactions and also interactions that can't be change when once recorded.

  1. Private Keys: It is the one of the most important keys every users has their own responsibility for this securing . they shouldn't share with anyone because its a key from with they can Access their account so it is very important to safe your private key im securing my private key on my Google drive with txt file because anytime a phone can be broken and Anything can be deleted but Google drive have access of Gmail account we can get access from login our gmail account from anywhere or on any Mobile that's why we should secure our private key system is not responsible for this.

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Sacrenshort taken out from My steem key PDF

This is the all Step that i shared with you its all providing security for users and Also saving users data on steem Blockchain. Users should must Secure and be careful to protect thier account and all other sensitive information like private keys i explained in detail upper paragraph.

How have privacy mechanisms, such as private transactions or account privacy features, been implemented on the STEEM blockchain?

Privacy plans on the STEEM blockchain are limited if we will compare it with some other blockchain platforms we will discuss further in detail below. Now I'm going to share some features and opetion after applying it users can do to enhance privacy on Steem blockchain.

  1. Private Transactions: Steem is not supporting any type of private transection for example monero or zcash this cryptocurrency is providing private transection But On the other side transection on steem is transparent and we can see it on any blockchain explorer.

2 . Account Privacy Features: Steem accounts is not an private accounts but I users can improve their privacy. Here is one opetion to improve privacy that users can use anonymous account means Without original name and detail or also users shouldn't link any personal information to steem account.

  1. Third Party Solutions: This third party solution means many developers are providing third party service means any third party application these applications are providing extra privacy feature or any Other privacy tools for steem users so users can use these applications for privacy features. This third party solution can give us more privacy.

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Sacrenshort taken out from steempro Application

  • STEEM has limited privacy features by nature.
  • But users can take steps to protect their privacy by sharing their information and using available third-party tools.
How are security protocols, such as data encryption and protection against potential attacks, strengthened on the STEEM blockchain?

No let's Talk about The third Question of this Contest that How are security protocols, such as data encryption and protection against potential attacks, strengthened on the STEEM blockchain? So now I'm Going to share my view How can we improve it. some of the main point i already share in upper Question so We will also discuss it here .The Steem blockchain is built upon the foundation of data encryption and anti-attack mechanisms which makes its security stronger.It uses strong encryption algorithms to keep stolen data under control. Also, it renders data stream safe during its transmission and storage. In DPoS consensus mechanism, witnesses (by voting of stakeholders), validate transactions and think the way out for the network safety. STEEM, the peer-to-peer network, is immune to collapses that may result from attacks through the prevention of single points of failure. As a consequence, it becomes more resilient in the event of threats and attacks.To ensure that smart contracts perform ideally, they undergo comprehensive auditing, that is, review to identify and patch the vulnerabilities before deployment. The team works actively guarding the OS development against any new and contemporary threats by acting timely to the security issues. STEEM achieves this goal through introducing these strategies. The user interactions and transactions are made more secure in STEEM.

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Source

Can you illustrate specific use cases where STEEM's privacy features have been particularly beneficial to users?

Yes Ofcourse i can explain some important point where steem privacy is Beneficial for users .

  1. Content Creators: Steem allow users to post any bloq,article and content without any risk of privacy While maintaining privates they can create content and post it . A content creator shouldn't need to share their personal information for posting an article they can share any article without Sharing their personal information that's why i can call this privacy and security is beneficial for users.
  1. Social Networking: Now talk about social networking im using and working on steemit platform so on steemit platform we can share article or also commenting on another person post also discuss some important thing in comments so all this think we can do without sacrificing privacy. This Thing give us sense us that we means (users) have control on theIr data which they want to share and also if they don't want to share personal information they shouldn't need to share they can engage without share of personal data.
  1. Financial Transactions: Financial transection is important for those or beneficial for those people who value privacy and confidentiality in their financial transactions. Steem blockchain is allowing secure and private financial transection we can send and also receive steem token without sharing any financial details.
  1. Communities: Im using Steemit platform So they have different communities so in these communities we can engage with different friend and also post our content participate in different challenges So all this thing engaging with friends and posting etc will not effect on our privacy we should fear of our privacy leakage.

Different Communities Of Platform

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Engaging With friends in Comments through different communities

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We can Post In any community With different step we don't need share of any personal Information Let me share Some Step how can we post.

Step1

Click on Any Community im Clicking on Steemit crypto academy

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Step2

Click on New post

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Step3

In step 3 i mention everything on Sacrenshort in place of title You should write your bloq title In place of tags you should put tags related to your bloq and In big box Wrute you bloq Body .

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Sacrenshort taken out from steempro Application

Step4

In step 4 just click on Post and its all done You don't need any Share of personal information.

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Sacrenshort taken out from steempro Application

All the above Step That i shared with you Is beneficial for users.

What do you think are the next steps to develop to strengthen privacy and security on the STEEM blockchain, and how can these improvements influence adoption of the platform?

If talk About my thinking then it will be unique 😜😀 .i will only choose one point how can security on the steem Blockchain can improve Security is bery important method and this question is very important because every member who will participate in this challenge will share their view So This will be great that everyone has their own view according to security purpose so from different views Platform owners can choose Best one And apply it for Enhance security.

Now Talk about My view

My view is that for enhance Security you should also start any education and awareness system . when i come on this platform i was Newcomer but I now all The Security system how can we will be safe because before coming here i work on different platform im forex trader abd also crypto trader so that's why i know how can we save our private key etc.

But when any newcommer will come on platform and he has not any experience before this so we will call that they have not knowledge about how can they safe and be secured in this platform. I Hope he won't know they risk of Sharing private key with others so That's why education is must Education about Important of key educate how can they will be safe on Steem Blockchain share Best tutorial and resources it can help users to understand how to safe theIr information and reduce risk

I'm Inviting @yenny47,@malikusman1 @steemdoctor1 @suboohi
for participate in this contest.

My Achievement 1 Link

Thank you for visiting my post

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Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
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Your post has shown us a very clear and vavid picture of the topic. Yes Steemit has many strong privacy features. The keys are too much important in keeping the account safe and secure. You have beautifully given the suggestions and description of the topic. I would say I m greatly satisfied with all the privacy system here. Just I want to suggest that their should be solution for some minute problems, like overload traffic and things like that.

I pray for your success in the contest.

Im glad you found my post helpful friend yes in these days This problem of overloading etc ia too much

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Salam brothet how are you i see your post your suggestions on anonymous accounts and utilizing third-party solutions are helpful for users looking to prioritize their privacy. Keep spreading awareness about these important aspects of blockchain security...Stay blessed❤

Thanks for your lovely words sister im glad you liked the suggestions. Privacy and security are important in the blockchain space.

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Hello @danish578, your detailed explanation of STEEM blockchain privacy measures is commendable. I appreciate your emphasis on cryptographic algorithms, consensus mechanisms, and the immutability of the ledger. Your insights into securing private keys and the transparency of transactions showcase a comprehensive understanding of the platform's security features. Sharing personal experiences and suggesting education and awareness for newcomers adds depth to your perspective. Best wishes in the contest!

Thank you for your encouraging words Glad you found the explanation helpful. Best wishes to you too

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To increase blockchain privacy, we've got five passwords for a wallet that's in PDF. If one of the algebra passwords is lost, we can change the wallet pdf with the rest and get a new one. In many cases we lose our PDF then somehow our wallet or account gets hacked. In this case, if we process verification through mail and mobile for recovery, this system can create an easy means of recovery, then our wallet account will not be lost and damaged. Best of luck to you.

You have written very well and talked about in much detail and I must say you have very good sense of knowledge

Wish you best of luck

 8 months ago 

Wow I'm so impressed at what I went through in your article it is really detailed and explains everything at I was hoping to learn your article is very knowledgeable and should be referred to anyone who requires knowledge concerning steam and his blockchain privacy because you the way you broke tearms down is awesome 👍

Do comment on my article through the link below 👇https://steemit.com/hive-108451/@starrchris/steemit-crypto-academy-contest-s16w2-steem-blockchain-privacy thanks

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Thanks alot dear for appreciating me I'm very glad that you found my post helpful and knowledgeable

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