Achievement-2 @alauddinpabel. Task: Basic Security on Steem.(Resubmitted)

in Newcomers' Community4 years ago

Hello Everyone,
Assalamulikum
I am here again with my second post on my Achievement 2 task is all about the Basic Security on steem and the significant on how is key works in the steemit community. Specially thanks to @cryptokannon for expounding well on how to achieve this task and also I would like to thanks for @isratmim introduction to this platform.

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Why is it important as a steemer to understand each keys and its used in steemit

Below are the sequence of question that we need to know on how crucial these keys and are on how to protect our account in steemit.

Do you know each of these keys functions and restrictions?

Yes I know each function and restrictions it is clearly discuss below:

Posting key:

This key should be used for social networking action like posting, commenting and voting this key has a limited set of permissions and it is not able to be used for monetary actions. So you cannot lose money if someone else gets access to this key. Use this key login to other steem-powered social networks like steemit, Busy and esteem. Store this keep safely by offline method. Additionally this key control the social communication.

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The posting key is limited to its use permission not to actions related to transfer in funds or delegate your system power.

Active key:

Active key is the key that is used to make transaction related to transforming steem from your own account to other users, doing power ups or power down steem, voting to witness, or delegating your steem.

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When performing a wallet related action you may be promoted to to authenticate with your active key you should only e enter your active key into apps which you trust because anyone with access to this key can take your tokens. Do yourself a favour and store this key safely to avoid losing tokens in the future.

Owner Key:

The owner is required to change the other keys. This key has additional permission to recover your account or change your other keys, it is the most important key and should be e securely stored offline.

Memo Key:

The memo key because it is a bit of an outlier. The only thing the memo key can do is encrypt and decrypt private messages that are sent through the blockchain. While this could one day be a powerful feature, today is it not commonly used. If you have received a private message that you would like to decrypt, as always you should use the key with the minimum necessary authorities, which in this case would be the memo key.

Public Key:

Public key and private key so each of each steem key has a public key and a private key, like the owner key, this one key as a public key and private key. its function is to encrypt and the decrypt the data associated with the username and can be used to track transactions on the blockchain.

Master Key:

Master key is the main key that we get when registering steemit and this is the top hierarchy of the steemit security system. This key is very important and don't lose this ki because with this key we can get other keys such as the posting key and the owner key.

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I know how to make a steemit transfer from a steemit account to another steemit user and also from another account to my steemit account. To make a steem transfer you will go to the wallet select balance and then select the steem drop down then select transfer then feel in the transfer destination account and fill in the scheme amount and provide a memo message and then press the next button

Yes I know how to power off and power down steem the trick is to the wallet Manu and on the balance tab select drop down on steem and select power up. The power up option will appear if we have just done it but it will change to a power down.

Finally, I would like to say that these key are very important for the steemit community without which it is not possible to manage steemit and how many types of transfers can be withdrawn from any disease.

I am here again with my second host on my achievement 2 I would like to thank for introduction to this platform
Thanks for read my post.

Cc:
@tarpan
@steemcurator01
@steemcurator03

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 3 years ago 

Hello sir,
@tarpan please check my achievement 2

 3 years ago 

You have been upvoted by @tarpan and I’m voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit. You may now proceed to the next achievement task.

Keep following @steemitblog for updates.

 3 years ago 

Please @tarpan please review and verify my achievement 2

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