Achievement2 @greatnessolivia task: basic security on steemit.steemCreated with Sketch.

in Newcomers' Community3 years ago

IMG_20210607_141727.jpg
Hello steemians, welcome to my achievement post 2 which is Basic Security On Steem. My achievement 2post is coming late due to some obstacles and I'm sorry about that.
In this post, I'm going to share my knowledge on what I understand about the basic keys on steemit. As a newbie, I was confused on what are the keys on steemit,how these keys works and Steem wallet functions but through the aid of my mentor and leader@godsbest, mentorship class and article by @cryptokannon article on the website, I began to understand steemit and how to do my achievement post.

Achievement2: basic security on steemit.
-What is security?
Security can be defined the state of being free from danger or threat.
-What do I understand by Master password?
Master password is used to derive all keys for your account, including your owner key. There is no ways to recover your account if you misplace and lose your original master password that's the main reason why master password is long and random for total maximum security, because your steemit account has real value.When an individual first register their account they are given their master password.
Why it's advisable to keep your master password is if one does not ,all his tokens and account can be theft. It is advisable not to keep your master password in a password manager but written down in a safe place. It shouldn't be kept in a hard drive because it can get damaged possibly.

  • What are steemit keys?
    Steemit keys are keys that provides more safety to the user by keeping their account safe and shouldn't share their password. Steemit keys are:
    -Permission keys🗝️.
    -Posting keys🗝️.
    -Active keys🗝️.
    -Memo keys🗝️.
    -Owner keys🗝️.
    Each keys have their own special functions and rewards users in crypto currency called STEEM when users curate(create) and publish contents in their Steem account.
    -Permission key.
    The permission key is to perform a specific purpose on steemit and to avoid using your master password for any operation. A steemit account that have 5 unique passwords generated is called permission keys.
    -Posting keys.
    This key is used for posting,voting, commenting, following and editing. It's advisable it should be kept in a safe place from hackers because it is used for everyday logins.
    -Active keys.
    This key is used for transferring funds, account settings,powering ups and downs,avatar,voting witnesses,converting Steem Dollars.
    -Memo key.
    It is used for encrypting also decrypting messages that are private when money is been transferred.
    -Owner key.
    This is a powerful key because it can change any key of account including owner key to recover a compromised account. Keep it safe to avoid you losing your account.

      What is a wallet?
    

    A wallet is a place where funds,Steem,Steem power ,Steemdollar are being kept for a saved online user and he or she can view any financial transanction on Steem wallet. Steem wallet allows users to manage their Steem in the form of Steemdollars, steemtokens,Steem and vests.
    Steemit wallet is a transperent blockchain because every transanction you make using the Steem coin wallet is transperent and remain on the blockchain for all to see. Steemit wallet is used to give reward to users who have written and publish a content and tusers view their reward in their online steemit wallet.
    One can convert Steem coin into Steemdollars,pawar and some other crypto currencies. You can transfer your Steem to another wallet or leave it in your wallet to ensure it is safe.
    This all I have understood and gathered so far in my Achievement2Post ,basic security on steemit. I hope for support to make me know more.
    Thanks,
    @greatnessolivia.
    Thanks for reading,
    @steemcurator01.
    @steemcurator02.
    @booming04.
    @booming03.
    @cryptokannon.

Sort:  
 3 years ago 

Pls do justice to questions 4 and 5 by attaching a screenshot of how to transfer token from one wallet to another

 3 years ago (edited)

Okay sir,I will do justice to it @godsbest.

 3 years ago 

Nice one shaa keep it up

 3 years ago 

Thanks so much sir,I am really grateful @godsbest

 3 years ago 

Hello @greatnessolivia, you have done great in taking the steps to complete your achievement 2, however, in the task Here it is given that you should answer the below questions:

  • Have you retrieve all your keys on steemit?

  • Do you know each of these key functions and restrictions?

  • How do you plan to keep your master password?

For question 4 & 5: answer with image samples showing that you transfered and powered up steem.

  • Do you know how to transfer your steem token to another steem user account?

  • Do you know how to power up your STEEM?

You can do that by editing the post. Correct this so you proceed to your next task task and also receive vote from steemcurator03. Thanks

I look forward to your correction.

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