Achievement 2 @imran55 Task: Basic Security on Steem

imran55 (42)Achievement 2 plagiarism foundin Newcomers' Community • 3 years ago (edited)

Hi Steemians!

I am #Imran55. hope you all are super fine. so happy to see you all. I've already done my Achievement 1 and since then i am enjoying here now i am going to make my achievement 2 task of Basic Steem Security.

Source

Task 2 achievement.

For achievement task 2, you must make a post about Basic Security in Steem. In addition to a brief exposition of three basic operations of your wallet.

Title of publication:

Achieved 2. Task: Basic security in Steem.

DIFFERENCES TYPES OF KEYS AND THEIR FUNCTIONS

MASTER PASSWORD:

The master password is the password given to you during your signing up which should be kept safe as it can be used to access an account and it is used to generate other keys.

POSTING KEY:

The posting key is what allows accounts to post, comment, edit, vote, resteem and follow or mute other accounts. And it is adviceable for users to login smeemit everyday with the posting key.

Use your Posting Key to:

Publish a post or comment
Edit a post or comment
Upvote or downvote
Resteem content
Follow people
Mute accounts

OWNERS KEY:

The owners key is only needed when necessary, and it is the strongest key because it can change any key of an account. It is used to recover a compromised account.

Use your Owner Key to:

Reset Owner, Active, and Posting keys
Recover your account
Decline voting rights

ACTIVE KEY:

The active key is for transferring funds, power up/down transaction, converting steem dollars, voting for witnesses, updating profile details and placing a market order

Use your Active Key to:

Transfer tokens
Power STEEM up or down
SBD conversion
Vote for witnesses
Place an order on an exchange
Certain profile changes
Publish a Witness price feed
Create a new user

MEMO KEY:

The memo key is used for encrypting and decrypting memos when transferring funds. And in order to encrypt a memo, use the pound/#sign before it.

Use your Memo Key to:

Send an encrypted message
View an encrypted message

How to transfer the Steem to another's account

Log in to your account using username and active key password. Click on the small arrow beside the Steem balance and then select transfer. Put the amount you want to transfer to, amount you want to transfer and confirm it and congratulations your tokens have been transferred.

How to transfer the Steem Dollars to another's account

Log in to your account using username and active key password. Click on the small arrow beside the Steem Dollars balance and then select transfer. Put the amount you want to transfer to, amount you want to transfer and confirm it and congratulations your tokens have been transferred.

How to powerup

We can transfer liquid Steem to steem power and this process is called power up.
Go to the wallet then click to the steem and this interface will open. Click to the powerup and then your Steem will convert into steem power and this process is called powering up your Steem. The more you have Steem power the more influence you will have in this platform.