Achievement 2 @analee Task: BASIC SECURITY ON STEEM

in Newcomers' Community3 years ago

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The steemit community has a lot of information that ought to be learnt by every steemians. The basic Security is one of them and it can never be overemphasized.
I really appreciate the fact that steemit generates the password for every of its users. This passwords are not weak. Its complexity show that its shouldn't be taking with levity. There is a need for it to be properly secured and stored to avoid any hack or undue access by outsiders. It is sadden to know that there is no way to retrieve one's account if the password gets lost or stolen. confidentiality is required.

Steemit is a blockchain social media platform which requires every one interested in it to sign up. When signing up you get a password. This password is know as MASTER PASSWORD.

Master password is the seed, the first password created and all keys springs from it.
you go to steemit. com wallet, enter the master password and retrieve all the keys. These keys are to be secured properly.

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Every steemit users has their keys. My self @analee, I have retrieved all my keys. These keys are:

OWNER KEY
This key is only meant for use when necessary. it is used to change any og the account keys including the owner keys itself. It can also be used in case ones account has been compromised.

POSTING KEY
This key is used often as its governs social functions. It is used for daily logins. it is used to write comment, make a post, edit a post or comment, to vote, to resteem , to follow or to mute other account.

ACTIVE KEY
This key is used for fund transfers, power up and down, conversions, converting steem dollars, voting for witnesses, updating ones profile details and avatar and placing market orders.

MEMO KEY
This key is used when one wishes to encrypt or decrypt the memos sent along with funds transfer.

My master password and my owner key are concealed in a personal notepad. I wrote it strategically that no one will be able to decode what it is.
I also saved a copy of it in flash drive and backed it up in my google drive.

STEEM TRANSFER
Steem is liquid . it can be transferred to another account, it can be traded with , it can be powered up to steem power.

To transfer your steem to another steemit account, this is the procedure:

  • Login into your wallet using your username and active key

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  • Click on the arrow beside the steem number. A drop down menu appears. click on transfer

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  • Put the username of the person you want want to transfer to and the amount of steem you want to transfer, and click on next

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  • Confirm your transfer by clicking ok

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HOW TO POWER UP STEEM

  • Login into your wallet with your username and your active key

  • Click on the arrow beside the steem number. A drop down menu appears. click on powerup

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  • Enter the quantity of steem and click powerup

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Thank you all for reading my post.

I am glad that i know the basic security about steem and how to use my steem wallet. I like to say a big thank you to @cryptokannon for making this possible.

@cryptokannon here is my Achievement 2.

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@analee you v done well by completing your Achievement 2. And you really explained it in a simpler form

I look forward to seeing your Achievement 3... Thanks for sharing

 3 years ago 

thank you very much

 3 years ago (edited)

It is important that every user knows how to power up their Steem tokens. Powering up is instant and your powered-up Steem tokens are still worth the same Steem in your wallet

Well done on completing achievement 2

 3 years ago 

thank you very much

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