Achievement 2 Post:Basic Security on Steem

in Newcomers' Community2 years ago

images (2).jpegsource

Greetings everyone.I have completed my Achievement 1 post a week ago but due to want of time,I am yet to make the next Achievement post.However,I am delighted to make my Achievement 2 post today.

Security of my keys is very important to me.This Achievement 2 post has helped to allay the fears of losing my Steemit account.

QUESTION ONE
Yes.I have retrieved all my keys.The master Password,the Posting key,the Active key,the Memo key.

QUESTION TWO
The keys are their functions.Each key has its main function.I will list them here.

MASTER PASSWORD
This is used to generate the other keys.It is also used to change the posting keys,active keys,owners keys etc.

POSTING KEY
The Posting key is used for everyday log in into the account.It allows the user post, comment,vote,resteem.

ACTIVE KEY
This key is used for very sensitive activities such as powering up, powering down,transferring funds and voting for witnesses.

OWNER KEY
The owner is barely used but it's Importance cannot be over emphasized.It can be used to recover a compromised account.

MEMO KEY
This key is basically used for encrypting and decrypting memo during transfer of funds.

QUESTION THREE
How I plan to save my master password.I will save my master password on a folder in phone and on my laptop too.

I will still save it offline on a disk drive.Saving it on Email is also a good option.

QUESTION FOUR
Yes I can transfer Steem from my account to another user.Here is the procedure with pictures.

Log into your account.Select WALLET

Click in the drop down on STEEM

Select TRANSFER

Enter the name of the reciever and the amount of Steem.Click in NEXT and Complete the transaction by entering your Active key.

)

()

()

()

QUESTION FIVE
I have learnt how to power up.To power up means to convert steem to SteemPower.
Here is the procedure.👇

Log into your account

Click on Wallet and Click on the drop down on STEEM

Select POWER UP

Enter the amount of Steem that you wish to power up.I entered 10 steem but I have insufficient fund.

Then click on Power up and Complete the process by entering your Active key.

Screenshot_20220330-144441.png

Screenshot_20220330-144510.png

CONCLUSION
I have known the Importance of security my keys and the uses of each key.I have also learnt how to transfer Steem and how to power up.

Cc:@cryptokannon
@ngoenyi
@bright-obias
@whitestallion

Sort:  
 2 years ago 

Hi, @godwinosos,

Your post has been supported by @wilmer1988 from the Steem Greeter Team.

hi @dewawinoso
Congratulations, This achievement task has been verified by the greeter team, please continue to the next achievement task.
Guide for writing the next Achievement Task: https://steemit.com/hive-172186/@cryptokannon/achievement-3-mentor-by-cryptokannon-content-etiquette

Curators Note : Rate 2/inactive

Important for you:
I invite you to join #club5050 #club75 and #club100 by powering up steem from the rewards you get
You can read the steps to join here

Regards @heriadi

Note :

All achievement task posts are posted only once. if your post has not been verified, you should be patient and make sure to mark the greeter to verify your achievement task


While waiting for this post to be curated, you can join the Steem For Better Life community to write posts with the theme of Better Life (#diarygame, #actsofkindnes, #planetpositives, #growyourown #craftycontent, #crytoandme, #mindbodyspirit #learnwithsteem) or other community

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 59911.66
ETH 2306.14
USDT 1.00
SBD 2.49