ACHIEVEMENT 2: BASIC SECURITY KEYS

in Newcomers' Community3 years ago

I'm @ibrahim6 and I am very happy to participate in achievement 2 task, which basically about security on the steemit blockchain. Thanks to my friend @massachussets for your support and for introducing me to this platform.
Passwords and keys are the first line of protection against unpermitted entry to your account; in view of this, knowing Steemit keys, how they work, and how to keep them safe is important.
Steemit gives five (5) different keys with particular functions, I learnt how this keys functions on the system for not losing some tokens and keep them secure to avoid failure to retrieve my account when there is a crack of hard disk, it is advisable to save all these five keys on an external drive .Steem keys need to be use based on the appropriate task one is to perform.

Below are the names of the keys provided by steemit and when to use it.
POSTING KEYS: Users are recommended to use these keys for daily activities such as posting, resteeming, editing, voting and follow or mute other accounts.
ACTIVE KEYS: The Active key is used to transfer funds between accounts, to power down and up of users. Buying of steem in the market .
OWNER KEYS :This is the most powerful key and it is used only when needed, it can replace any key of the accounts including itself.
MEMO KEY : It use is not highly needed now but has to be kept safely because it is the only key that is used to for encrypting and decrypting memos in the transfering funds.
MASTER KEY : This is the main key among all because it is the initial key you get after signing up and it is also the key used in producing all other keys including the owner key , your account can be hacked if someone have access to your master key .

STEEMIT WALLET: Steemit wallet is made up of three type of steem which are, Steem, steem power, steem back dollar (SBD).

Steem: this is in a liquid form and can be used for internal transaction or be powered up into a steem power.

Steem power: Having this steem allows one to omment and do many transcations, this steem is locked up and come transformed into liquid steem but it will take long.

Steem Back Dollar : It is a type of steem that can be forwarded to other accounts or be used for internal market to trade for steem in a liquid form.

HOW TO POWER UP
In powering up there are some steps we follow these are the steps we follow with screenshots.
Login in the wallet and click on the drop down arrow on steem.

Screenshot_20210521-201912.png

Select Power up from the drop down

Screenshot_20210521-200546.png

Click on Power Up

Enter the amount to power up and then click on Power Up to confirm

Screenshot_20210521-200845.png

HOW TO TRANSFER YOUR STEEM TOKEN TO
ANOTHER STEEM USER ACCOUNT.

Go to profile and click on wallet

Screenshot_20210521-201912.png

Select transfer from the drop down menu

Screenshot_20210521-200546.png

Enter the amount and username of the person and click next to confirm your transfer after clicking on transfer

Screenshot_20210521-200658.png

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Nice work @ibrahim6, you may now proceed to the next.

Rate 2

 3 years ago 

Hi, @ibrahim6,

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

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