Achievement 2 @deepak94 Task : Basic Security 🔐on Steem//How to secure your wallet & How to operate it.

in Newcomers' Community3 years ago (edited)

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Thankyou @cryptokannon for providing me all the information I required about the security keys and my wallet.

Understanding the basic security on Steem is very crucial for every user of steemit blockchain plateform. It is very important to learn all the information about your security keys and wallets and most important is to apply what you already know. I HAVE RETRIEVED ALL MY SECURITY KEYS SAFELY.

Some important things you should remember about security keys is :

Save your master password and keep it safe somewhere because only your password can retrieve your data so keep it in safe place.
store your keys in two to three places. Just don't miss it.
Steemit can't help you to retrieve your password. If once it's lost , you'll loose your account. So just don't miss it.
Read all the above points again!!!
But,

What these Security keys mean

Let me tell you more about all the keys.

PRIVATE KEYS

  • Private Posting Key: Used to login to apps such as Steemit.com and perform the acts of commenting, upvoting , Downvoting etc.
  • Private Memo Key: Used to decrypt private Transfer Memos. It plays a vital role in privacy of messages sent to and by you.
  • Private Active Key: It us the economical key and is related to your wallet. Thus , it is a very crucial key required to perform wallet related actions. It helps in transferring tokens or powering Steem up and down.
  • Private Owner Key: This key is used to reset all other keys including itself and is your saviour when your account is compromised. It can be used to retrieve your compromised account within 30 days. One should always store it offline and most preferably in a hard copy or Drive.
  • Private Master Key:
    Called as the "seed key" , it is used to generate all other keys including the private owner key. In case of third party attack to your account you should have both owner as well as master key to get back your account or else it will be gone.
    One should never share the keys with anyone.

HOW TO TRANSFERRING STEEM TOKEN TO OTHER USER'S ACCOUNT

  • Step1: Click on your profile picture on right hand side top corner

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  • *Step2: Go to wallet
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  • Step3: Click on menu button at top right corner drop-down
  • Step4: Sign in using your username and Active Key 🔐
    IMG_20210926_094421.jpg
  • Step5: Click on your steem balance and Choose the first option "Transfer".
    IMG_20210926_094441.jpg
  • Step6: Fill the recipient's details on the slot displayed and fill the amount of steem to be transferred.
  • Step7: Click ok and you'll be done.

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HOW TO POWER UP STEEM

  • STEP 1: Repeat step 1-4 from above process yet we done.
  • Step 2: Click on steem balance and Choose power up.
    IMG_20210926_094559.jpg

Hope all the information helps the readers.
Link to my verified achievement 1
Introduction post - Achievement 1 -19/08/2021
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I hope I have cleared all the questions. I request my country representative of India
@rishabh99946 @sapwood @neerajkr03 @bestofindia to verify my Achievement 2.

Thank you very much, special thanks to @cryptokannon

Regards
@deepak94

⚠️ DISCLAIMER: This post is duplicate post as first one was not verified.

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 3 years ago 


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