Achievement 2 Steemit Security

in Newcomers' Community3 years ago

images.jpegsource

Security is a very relevant issue to discuss starting from the family down to the society.
Having said that, it is important to know the meaning of security.
Security can be defined as a state of not being threatened either physically, psychologically, emotionally or financially.
It is a state of being free from harm or danger; in other words, security is the act of being secured.

Importance of Security

The importance of security cannot be over emphasised. Security is important to an individual, community, organisation and even the world at large. The following are some importance of security:

  • Emotional stability
  • It reduces violence
  • It prevents invaders
  • It leads to development of a community
  • It saves life and properties.

Steemit Security

When talking about Steemit security, we are simply referring to knowing how to manage and keep your Steemit account safe. And these involve knowing your Steemit security keys or password and how to make use of those keys in order to keep your account safe.
These keys are given to everyone who has successfully completed his/her registration in Steemit. They are: the master's key, posting key, actively and memo key. To a Steemit user, these keys are very important and should be guilded with maximum attention. The following are the importance of these keys and the task you can use them to accomplish.

  • Posting key
    This key is the most used key among the other keys mentioned. It is used in carrying out some functions like: upvoting and downvoting, following people on the platform and even muting of account. Logging in with this posting key helps in reducing the risk of hacking the account of the user.

  • Active key
    Active key is the key used in financial transactions such as transferring, buying and selling of steem and much more. In using this key, adequate care should be taken as any slight mistake can lead to loss of token in the account.

  • Owner key
    This is another important key in Steemit, this key had the ability of changing other keys. This key should not be tampered with as it can be used in changing other keys.
    The owner key is also used in restoring ones account.

  • Memo key
    The memo key is used in encoding(encrypting) or concealing information and also decoding or decrypting information sent on the blockchain.

For the questions listed by
@cryptokannon

Question 1. Have you retrieved all your keys on steemit?

Yes I have. I was able to retrieve all with the help of@hisgeneral who guilded me and taught me the importance of the keys.

Question 2. Do you Know the functions of each key as well as it's restrictions?

Yes I do, and I have been able to explain them above.

Question 3. How do you plan to keep your master password?

I have documented it and kept the copy of it on my hard drive.

Question 4. Do you know how to transfer your steem token to another steem user account?

Yes, it can be done using the Active key and below are the steps to take:
First, open wallet and click on the three horizontal lines at the top-right
Login to wallet
Click on the small arrow pointing down beside Steem.
Select transfer
On the next interface type in receiving account name, amount of steem to transfer, memo key then click ok.

Sort:  
 3 years ago 

Show whole process with the help of screenshots.

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.030
BTC 60422.26
ETH 3311.81
USDT 1.00
SBD 2.37