ABSTRACT
It has been said over and over again that if it’s not your key, the fund isn’t yours too. The conventional bank app has passwords, which can be compromised by any hacker. But the security of the blockchain has brought a limit to this, the power to truly control our funds is now in our hands. To one of the most battle-tested and still standing platforms ever on the blockchain by the name STEEMIT with hundreds of thousands of users all across the globe, the security of our crypto funds is crucial and I am here to tell you about what happens in your wallet and how to be safe out there on your journey here so that you won’t labour for another to eat by compromising your wallet key.
To properly be empowered to keep your wallet safe, a steemit user must know what each of the wallet keys is doing.

KEYS & THEIR USES
First on the lost is POSTING KEY, which is used to log in to your steemit account to post, comment and upvote on the steem blockchain, the security of your account are still safe to a very large extent even if the posting key is compromised. You can follow and Mute other accounts too, still with the Posting Key.

Secondly, ACTIVE KEY, whenever you want to transfer funds, I mean your steem or SBD from one wallet to the other or even powering up your steem or converting your steem to SBD and vice versa. Your go-to key is the ACTIVE KEY. Steem users also get to use the Active key to power down, updates their profile and avatar and lastly vote witnesses.

Losing or compromising the active Key is very dangerous to the health of your steemit account. A user with compromised active keys has already lost his funds, one possible way to avert this is to be careful of phishing links promising a bogus reward for doing a simple task on steemit. Spammers and scammers alike with a fake username. If you as a user doesn’t know what a link is all about, the best thing to do is desist from clicking it. Sometimes too, some links will require you to insert any of your wallet links. If the site isn’t affiliated with steemit or with a funny link or links with roughly the same name as the one already known on steemit. Please desist and be careful to click it.

The third is OWNER KEY, as the name implies, it owns the whole thing concerning all other keys and can change all other keys too. If lost, you are now at the mercy of your Master Password for retrieval. It is meant to be stored offline.

MEMO KEY is the fourth on the line but rarely used by steemit users, it encrypts and decrypts memos sent with the transfer of Steem funds on Steemit. A user can decrypt a memo by adding a # sign in front of the memo. Therefore, the other user sent the Steem/SBD will need his Memo keys to decrypt such a message.

The last on the list is the mother of all keys, the MASTER KEY, it can generate the owner key too, and it’s the key given when a user newly signed up on steemit. It is advised to be kept safe offline. Its other use is the recovery of accounts.

MANAGING YOUR WALLET
Have you retrieved all your keys on steemit? You can retrieve your key by using your Master password, all keys are generated with it. Like I said above, it’s the mother of all passwords.
How do you plan to keep your master password? Masters Password is best kept offline, written somewhere safe away from hackers and phishing links.
TRANSFERRING STEEM/SBD
Do you know how to transfer your steem token to another STEEM user wallet account? STEEM or SBD is transferred through the wallet by logging in with the active Key, after this is done, click the drop-down menu on either the Steem or Sbd and choose Transfer, a new interface is going to show up, from their input the name of the STEEM user you want to send the steem/SBD to and confirm the transaction with your active key, it takes just a few second for this transaction to go and the user sent the steem token would have received it.

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Do you know how to power up your STEEM? Steem is powered up through the STEEM icon in the Wallet, click the Steem icon to see the drop-down menu, choose power up and fill in the amount you want to power up from your Steem wallet. When this is done, confirm with your Active Key once again and see your STEEM POWER increase.

CONCLUSION
In all this, keeping your account safe is one of the most important aspects of being on the blockchain. Most importantly is how users click links that are meant to steal their key by giving free tokens, greedy users fell to this free token and ended up putting their link into Phishing link unnoticed. The result of this is a scenario of Steem wallet keys and identity stolen. To curtail this, Steemians must try as much as possible to be careful how they use their key and store it as a safe link.

This is my achievement 2 Post.

Cc :
@cryptokannon
@steemcurator01