Achievement 2 @bilal49 Task : Basic Security on Steem

bilal49 (48)Achievement 2 Verifiedin Newcomers' Community • 3 years ago (edited)

Question1.

Indeed, I have retrieved all my steemit keys. at the point when I was making my steemit account, I downloaded the PDF document of keys and saved a duplicate of that PDF in a safe spot. In the wake of making the record, I signed into the wallet, opened the "keys and permissions" option, revealed all keys one by one, and saved them manually on a notepad for the safe side.

Question2.

Below are the functions and the restrictions of each steemit key

Posting key:

The posting key is always used for login. Once you are logged in with your posting key then you can vote, resteem, edit, comment, post, mute or follow other steemit accounts. The posting key exists to limit the harm that an undermined account key would cause.

Active Key:

The Active key is intended for more sensitive tasks. These delicates or sensitive tasks include power up/down steem, transferring steem, converting steem into dollars, and changing profiles.

Owner Key:

It is the most remarkable key since it can change any key of an account, including the posting key, active key, memo key, and owner key.

Memo key:

Memo key is utilized for encoding and decoding memos/notices when moving assets. To encode a memo, utilize the pound/# sign before it and your memo will be encrypted.

Note:

The Master password can change all the keys even the owner key but the owner key cannot change the master password

Question3.

Prior to making that account, my companion Faisal Amin (@faislamin) disclosed to me that "it is exceptionally important to save steemit master key. On the off chance that you lost the master key, you will lose your account and all achievements. There is no real way to recover the steemit account in case of losing Master key". I'm exceptionally conscious about securing, protecting, and saving passwords in a trusted place. As it is hard to learn by heart the keys. So, it is better to have different copies of the Master key. I have saved Master key disconnected just as I have saved distinctive online duplicates of the Master key in various structures like in text, PDF, and JPG formats in confided in online storage. if there should arise an occurrence of losing one storage, I have various records as a reinforcement and as a backup.

Question4.

The process of transferring your steem token to another steem user account is quite simple and contains few easy steps.

Transfer steem power.png

In the "Balance" option of the wallet click on the drop-down menu in the left corner of "STEEM" option.
Click on "Transfer" in the drop-down menu, you will get a new window.

Transfer steem power2.png

Enter the user’s name of steem user, to whom you want to transfer steem
Enter the amount you want to transfer in STEEM or SBD
Write a message or comment in Memo. you can include "#" before the written message if you don't want to the public the memo.
Click "Next" and a new confirmation window will appear.

Confirm steem transfer.png

Click "OK" to confirm the transfer.
After clicking the "Ok" button and your steem token will be transferred to other user account.

Question5.

Steem is tradeable tokens that might be moved anyplace and whenever. Steem can be changed over to STEEM POWER in a cycle called powering up. The process of powering up Steem is quite simple.

In "Balance" page of wallet click on the drop-down menu in the left corner of "STEEM" option.

power up.png

Click on "Power Up" in the drop-down menu, you will get a new window.

power up 2.png

In the new window enter STEEM, you want to convert to STEEM POWER.
Click on the Power Up button and stem will be powered up

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Much obliged for perusing and watching my Achievement 2 Post. I trust you guys will like my post. Please also vote up my Achievement 1 and guide me in comments, if there is any mistake and suggestion.I am a newcomer and I need your guidance and support.
The article "Basic Security on Steem" by @cryptokannon was very helpful. i learned much about steemit security.