ACHIEVEMENT 2 @chikelly19 task: Basic security on steem
Hi everyone nice to reach out to you all again.
Thanks to #steemit for being interested in our level of knowledge, as regards to this platform by giving us tasks to accomplish. Achievement 1 was a success, so I'll proceed to talk about my achievement 2 task which is talking about the basic security on steem.
HAVE YOU RETRIEVED ALL YOUR KEYS ON STEEMIT?
Yes I have retrieved all my keys on steemit.
DO YOU KNOW EACH OF THESE KEYS FUNCTIONS AND RESTRICTIONS?
Yes, I'll begin with the very first one.
1. Master password - This was the first password generated when i registered my account. It was also used to derive the rest of my keys. This particular password should be kept very safe, as it could be used to steal your account and as well your tokens.
2. Posting key - My posting key allows me to post, comment, edit, vote, resteem and follow or mute other accounts. My posting key also helps me restrict the damage that a compromised account key would cause.
3. Active key - My active key is used for more sensitive tasks such as transferring funds, power up/down transactions, converting steem dollars, voting for witnesses, updating profile details and avatar, and placing a market order.
4. Owner key - My owner key is only meant for use when necessary. It is the most powerful key because it can change any key of an account including the owners key. It is meant to be stored offline, and used to retrieve a compromised account.
5. Memo key - My memo key is used for encrypting and decrypting memo when transferring funds. In order to encrypt a memo, it is advised to use the pound/# sign before it.
HOW DO YOU PLAN TO KEEP YOUR MASTERS PASSWORD?
I saved it in my email, which to me is one of the safest place it should be. If I loose my phone, or my phone crashes, I wouldn't bother because files in my mail can be retrieved any day any time.
N:B though most people sign into their accounts using the posting key, it is advisable to still keep your master password safe.
picture illustration on how safe your keys should be kept.
DO YOU KNOW HOW TO TRANSFER STEEM TOKEN TO ANOTHER USER ACCOUNT?
Yes.
Log into your account using your username and your active key, go to your wallet, click on the drop down arrow on steem and choose transfer.
Input the amount and the person you are transferring the token to and send.
DO YOU KNOW HOW TO POWER UP YOUR STEEM?
Yes.
On your wallet, click on steem, select power up and then input the amount and click on power up.
This is the end of my presentation and I want to appreciate steemit for this great opportunity, and also @niglys8 for the invite. Thanks to @cryptokannon for guidelines and also to everyone on this platform for your support.
Kind regards
@chikelly19
Congratulations, nice work
Thanks.
Hi @chikelly,
Congratulation!
You have been successfully verified by amjadsharif, you can further proceed to next Achievement Task.
Thank you sir.
It's good you have a better knowledge about the basic security on steemit.
You did a good job @chikelly19
Thank you.
Nice one dear. Keep it up.
It's good you understand the uses of the keys on the Steemit platform, and also the means to keep them safe.
Nice one dear.
Thanks
Nice work, congratulations
Thanks dear
Hi, @chikelly19,
Your post has been supported by @inspiracion from the Steem Greeter Team.
Thank you so much