ACHIEVEMENT2 BY@dokubo11 TASK:BASIC SECURITY ON STEEMsteemCreated with Sketch.

in Newcomers' Community3 years ago (edited)

Hello steemians good morning, I greet you all in the newcomers' community it is once again a privilege to write on this explicit platform.
I am writting on my second achievement on the list so without wasting much time i will go straight to the point.

WHAT IS SECURITY?
I will say its a state of being free from danger or threat, it could be your money, jewelries, land or even your home safety.
Talking about the nasic security on steem as a steemian and as a investor im crypto currencies you should know that your first priority is to keep your wallets and addresses safe from hackers etc.
And also as a steemian u are not supposed to be so careless about your private keys in steemit, because youbvan loose everything you have worked for inban instant (SBD, STEEM AND TRON).
Therefore it is very essential/important to protect your "KEYS/PASSWORDS " and it is riaky and unsafe for ur account of you uncloak your KEYS/PASSWORDS to a third party.

QUESTION 1
Have you retrieve all your keys on steemit?
Ans: Yes I have all thanks to @giftye it was retrieved immediately after I was registered and i was cautioned not to give out any of my "KEYS".

QUESTION 2
Do you know each of these key functions and passwords?
Ans: I was wondering at first why we have all these "KEYS/PASSWORDS" on this platform but thanks to @cryptokannon,@giftye and STEEMIT FAQ I now have the knowledge and understanding that each "KEYS" has its functions. And these keys are:

MASTER KEY
This is tue password given to anyone who signs up for steemit I can say it's "THE FATHER OF ALL KEYS".
This key helps in generating the other keys and ypu can have full access to them after its been generated.

POSTING KEY
With this key you can login into your account and it allows owner's to Post, Comment, Edit, Resteem, Follow and Mute other accounts.
NB: Your password or key could be compromised so 'limiting' the use of your posting key will reduce a compromised "ACCOUNT/KEY".

ACTIVE KEY
This key is used for transferring funds, converting currencies into others (SBD TO STEEM), Placing market order, updating profiles, powering up and down of accounts and also voting for witness. We are expected to be careful with this key "It is meant for more sensitive tasks"....!

MEMO KEY
It is user for encrypting and decrypting memos when transfers of funds are been done. It is not in use currently.
NB: Remembering all keys are vital/essential and also protecting it from a third party.

OWNER KEY
It is used when necessary or required and it is meant to be stored offline. It is only used to recover a 'compromised account'.
This key is thw most powerful key because it can change any key of an account and even the owner account/key.
It's the most delicate and should be protected from hackers or third party.

TRON AND PUBLIC KEYS
Tron private key is used for making exchanges of tron, casting of ballot and moving of tokens.

QUESTION 3
How do you plan to keep your master password?
Ans: Ok from the information and guidline I have gone through by @cryptokannon and the instructions given to me by @giftye, I plan on keeping my master password as an encrypted document (PDF) storing it in a secured App only I can access and also keeping it in my goggle drive and my G-mail too.

QUESTION 4
Do you know how to transfer your steem token to another steem user account?
Ans: Yes i do this can be done with the use of the "ACTIVE KEY".
STEPS TO TRANSFER TOKEN TO ANOTHER STEEMIT USER

  1. Login to your account
  2. Click on the wallet option
  3. On the highlighted steem, Click the dropdown menu besides it
  4. Click on transfer
  5. Enter the steemit account you want to transfer to alongside the amount of token you want to send beneath his/her name.
  6. Click next and confirm transaction.

QUESTION 5
Do you know how to power up your steem?
Ans: Yes I do with the following steps below :

  1. Click on the drop down box and scroll down and choose "Power up ".

  2. Next you will be asked how much of the liquid steem you want to power up?

  3. Input the amount you want to power up.

  4. Click on "power up button" on the bottom left of your Mobile/Destop.

  5. After few seconds it will show your steem has been increased.

    I want to once more thank this platform and the newcomers commuinty for this opportunity and also mentor @cryptokannon.

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 3 years ago (edited)

hello @dokubo11
Im very happy you have understood the different keys offer to you on the creation of your steemit account. It good you went as far as understanding what is security, that will definitely help you to know how important is security on the steemit platform.

Please you will need to us screenshots on the step of transferring and powering up in your steemit wallet.
Hit: your will need to login into your wallet with your posting key.

Reply to my comment when you have done the updates.
Thanks

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