ACHIEVEMENT 2@jimah1k Task: BASIC SECURITY ON STEEM
Hi guys,
Today I want to talk about basic security on steem and explain what the posting key, the active key, the owner key and the memo key on how they work.
Before I move on to explaining those keys. I would advise that an offline copy of the keys should be saved in the computer and also a drive.
The Posting key;
This key enables the user to be able to post his or her content, vote on other users, edit post, comment, follow fellow steemiants and also mute other users.
The Active key;
Basically what this key does is helps the user to transfer funds, powering up and powering down, voting for witnesses, converting steem dollars, updating profile details and placing market order.
Owner key;
This key is the Alpha of all the keys because it can change any key of an account and is meant to be used when necessary it can also be used to recover compromised accounts.
Memo key;
This key is used for encrypting and decrypting memos when transferring funds to be able to encrypt a memo the pound(#) sign must be used.
The master password is used to obtain all keys for your account when someone has your mater password he or she can access your account so it’s Very important to store it in a secured place. For me I stored mine my icloud
How to transfer steem token to another users account
- Click on the avatar icon
- Select profile from the drop down menu
- Click on wallet
- You will see highlighted steem option with a drop down arrow click on the arrow
- Click on transfer
A menu appears fill the form with the details of the person you want to transfer funds to.
Click next and confirm.
How to power steem;
- Click on your avatar or profile picture.
- Select wallet
- You will see a highlighted steem with a drop down arrow click on it.
- Select power up.
- Enter the amount of steem you want to power up and confirm by clicking on power up.
These are the basics of steem security.
Thanks guys
@cryptokannon and @njaywan
Good explanation on power steem
Thank you.
Great work !!!
Thank you.
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