Achievement 2 post by @jhayss Task : Basic Security on Steem

I believe you are doing great and your day is going flawlessly well. I'm exceptionally cheerful since I have at last come to the information of steemit security framework and I have gotten information of all the keys and how it's been utilized. Security is an essential thing in our everyday operations of life.

Source

Stay with me as I answer the questions.

Question 1:
YES. I have obtained all the passwords and I have saved then in my drop box and google drive. Moreover, I had saved them offline too.

Question 2:
Certainly YES, thanks to the article by @kiwiscanfly I know all the key functions and the restrictions.

First and foremost, the posting key. The posting key enables users to post, vote, resteem, comment, edit and follow or mute other accounts. It is likely to have your password or key compromised the more you use it so it is advisable to limit the rate of use of the posting key, to avoid a compromised account.

Secondly, the active key is for more careful and sensitive tasks such as transferring funds, converting steem dollars, power up or down transactions, updating profile details and placing a market order.

Thirdly, the owner key. This is the most important key amongst the other keys. This is because it can change any key of an account including the owner key. It is meant to be stored offline and only used to recover a compromised account.

Lastly, the memo key. This is used for encrypting and decrypting memos when transferring funds. In order to encrypt a memo we use the pound /# sign before it.

Question 3:
The master key is used to generate all the other keys including the owner key. This is an important key. This password is very delicate that if misplaced, that account is lost and can never be retrieved. I plan to keep my master password offline in a safe and right place because of its importance.

Question 4:
YES. I'm happy to say that I know how to transfer my steem token to another steem user account.

First of all, login to your steemit account.

1. Click on the profile image or the avatar-like image on the top right corner of the page.
   

   
   

2. A drop down menu will appear. Select profile from the menu
   

   
   
   

3. Click on wallet
   

   
   
   

4. A steem option with an arrow pointing down will show then you click on it
   

   
   
   

5. Click on transfer.
   

   
   
   

6. Enter the name of the person you want to transfer in the “to” space provided and the amount you want to transfer in the “amount” space provided.
   

   
   
   

7.You then click on “next” to confirm.

QUESTION 5.
YES. I know how to power up my steem

1. Click on the profile image or the avatar-like image on the top right corner of the page.
   

   
   

2. A drop down menu will appear. Select profile from the menu
   

   
   
   

3. Click on wallet
   

   
   
   

4. A steem option with an arrow pointing down will show then you click on it
   

   
   
   

5. Click on Power Up
   

   
   

6.Enter the amount of steem you want to power up and confirm by clicking power up.

I have understood the basic security on steemit and its usage and I won’t share my keys with anyone for security reasons. Thank you all for reading. A big thanks to @cryptokannon for making sure that we the newbies pass through this assignment, in other to help us understand more about Steemit.

cc: @njaywan @yohan2on