Achievement 2 @eberechi Task: Basic Security on Steem

in Newcomers' Community3 years ago

After going through the guidelines of the post on Basic security on Steem. Below is my submission on Achievement task 2:

Question 1: Have you retrieved all your keys on Steemit?

Yes, i have successfully retrieved all my keys on Steemit. After successfully creating my steemit account, my master password was displayed.
I followed the next instructions of the person that introduced me to the steemit platform @alphafx. And these instructions were to:

  • login to my account with the given master password
  • Locate wallet
  • Locate keys and permissions
    wallet.PNG
  • View the various keys and learn their uses

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

Yes, i do know each of them.
The functions of these keys are unique and its restrictions are understandable

Tron Key: This key is divided into

  • Tron public key and Tron private key
    The Tron private key is the highest authority on tron account. It is used for any tron transactions involving transfers, voting and freezin

Posting Key:
This key is used to carry out every day log ins on Steemit and control posts, comments, edits, votes and following of accounts.
It's existence is to restrict the damage that a compromised account key would cause.

Active key:
This key involves more sensitive tasks like transferring of funds, power up/power down transactions, conversion of steem dollars and voting for witnesses.

Owner key:
This is the most powerful key. why? Because it is the only key that can change the other keys.
Most times, its use is restricted to recovering a compromised account.

Memo key:
The particular use of this key is for encrypting and decrypting messages sent through blockchain. It is not commonly in use, but might come in helpful one day.

Master key
I guess this is about the most important key out of all the keys.
It is used to derive all the keys for the account. Unfortunately, if someone gains access to this particular key, a lot of damages can be done, like stealing of funds.

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

On creating my account , i was somehow able to generate a downloadable pdf that contained information on all the required keys including the master password.

After setting my laptop to remember the master password (because it is only me that makes use of the laptop), i distributed the pdf to the e-mails of my various family members, mine included. I stored this pdf this way just in case there is a failure from my end to retrieve the password.

safekeep.PNG
Then i proceeded to print the pdf and store it on the shelf in my library.
Despite our digital era, i think a hard copy can also come in very handy.

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

Well yes, i know how to.
Through the following steps, i can successfully transfer steem token to another steem user account

  • Go to wallet

  • Look for the "balance" section
    wallet.PNG

  • Click on the drop down area associated with "steem"

  • Click on "Transfer"

steem wallet.PNG

  • A box appears showing the required details of transaction for the transfer
    details.PNG

Question 5: Do you know how to power up your steem?

Powering up my steem involves the following critical steps:

  • Still under balances in the wallet arena, click on the drop down box associated with steem
  • Scroll towards power up and click on it.

power up.PNG

  • The next pop up box shows the necessary details that are required.
    power up 2.PNG

That is about it for my achievement 2 post
Special thanks to @cryptokannon and everyone else.

written by :@eberechi

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 3 years ago 

Hi i am Sumit one of the team member of Steem Greeter.

I am happy to announce that i have successfully verified your achievement 2 post. Now you are eligible for performing your achievement 3 which is about content etiquettes. You can refer this post for your next task.

Note:

Rate:2

 3 years ago 

I look forward to it. Thank you!!

 3 years ago 

Hi, @eberechi,

Your post has been supported by @damithudaya from the Steem Greeter Team.

 3 years ago 

oh wow
thank you @damithudaya and steemcurator03

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