Achievement 2-@Dlioness-task: basic security on steem

in Newcomers' Community4 years ago (edited)

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It is a good thing that i got to read , understand and proceed to writting
of the second level of achievement as a newbie,

I think this is the most important of all the achievements though i have not gone through the third achievement and the others but i must say that achievement two is basic as it helps me secure my account ,

It is well known that my account is one of the things that guarantees my relevance here on steemit and that is where my efforts are been recorded , so any attempt or mistake of disclosing or loosing any of the keys especially my master password or owner key is totally detrimental to my account
as it makes my efforts worthless,

And with absolute carefullness and caution, i have gotten my keys with the help of my mentor @focusnow who gave us tutorials on how to get our keys , how to change them and also their uses and i was also able to copy them to my memo for easy access,

I would want to highlight the uses of those keys in the different areas they are needed and that will take me to answering the questions listed by the mentor @cryptokannon ;

QUESTION 1. Have you retrieved all your keys on steemit ?:

Yes , i have retrieved all my keys with the help of my mentor's tutorials @focusnow immediately after my account was created

QUESTION 2: Do you know each of these key functions and restrictions?

Yes , there are four different keys issued and there are different permissions to each , i know their functions and restriction and they are :

  • MY POSTING KEY : This Particular key
    is used for social networking actions, like posting, commenting and
    voting. This key has a limited set of
    permissions and it is not able to be used for monetary actions. So money
    can not be loosed if someone else gets access to this key. But it must be kept safe.

Posting Key permissions ;

My Posting Key is permitted to do the
Following :

Publish a post or comment
Edit a post or comment
Upvote or downvote
Resteem content
Follow people
Mute accounts

Active Key

This key has additional permissions for more sensitive monetary-related actions, like transferring and exchanging tokens.

Anyone with access to this key can take my tokens so its advised that the key be kept safe;

*Active Key permissions

Active Key is used to:

Transfer tokens
Power STEEM up or down
SBD conversion
Vote for witnesses
Place an order on an exchange
Certain profile changes
Publish a Witness price feed
Create a new user

*Owner Key:

The owner key is required to change the other keys. This key has additional permissions to recover your account or change your other keys. It's the most important key and should be securely saved offline.

*Owner Key permissions

Owner Key is used to:

Reset Owner, Active, and Posting keys
Recover your account
Decline voting rights

*Memo Key

The Memo Key is only used to encrypt and decrypt private messages that are sent through the blockchain and its not commonly used .

*Memo Key permissions:

Use your Memo Key to:
Send an encrypted message
View an encrypted message

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QUESTION 3: How i plan to keèp my master password:

I already copied it out and saved in my memo where it can be safe and
i can only have access to it .

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

Yes i do , this action can be done using the active key, and with the help of the tutorial held by @kiwiscanfly on understanding your steemit wallet i
have gotten lots of knowlegde on that ,

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Question 5
Do you know how to power up your STEEM?

Yes i do, i have gotten lots of knowlegde on that , i have gotten so much knowledge that steem is in a liquid form and can be powered up to continue building a steem power ; the lesson was very powerful and easy to understand. Thanks for that awesome knowledge @kiwiscanfly; you are indeed a genuis and thanks to @cryptokannon for your efforts in bringing this achievements , it has really helped me , i now have a top up on the knowledge i have acquired earlier,

@cryptokannon

@focusnow

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 4 years ago 

Beautiful. You've successfully understood the security basics in steem. I hope you safeguard your keys well as you've stated.

Thank you very much for sharing.
❤️❤️❤️❤️
Becky

 4 years ago 

You are welcome @beckie i really do understand it better now

The help of the tutorial by@kiwiscanfly really helped me in steem power up and transfer of token

Thanks for reading through my blog

❤❤❤
Faith

Congratulations! You have passed the Achievement 2 on Basic Security, now please get ready for your post on the next for Achievement 3: Content Etiquette here
See you soon! 😊

 4 years ago 

You have been upvoted by Steem Greeters from STEEM POD Project and we are voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit.

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