Achievement 2 @kookd Task: Basic Security on Steem
Having successfully gone through achievement 1, It is time to acquaint myself with the basic security on steem, how the master passwords work and also demonstrate the usage of my account posting keys, active key, private owner key and the memo key.
To get deeper understanding of the keys I engaged @oppongk to explain the function of each key and practically show how they are used.
Posting Key
Used to log in and perform social actions such as posting, commenting, and voting, follow or mute other accounts among many others.
Active key
The active key is meant for more sensitive tasks such as transferring funds, power up/down transactions, converting Steem Dollars, voting for witnesses, updating profile details and placing a market order.
Owner Key
This key is used to reset all other keys. It is advisable to keep it in a very safe place possibly offline at all times. If the account
is hacked, this is the key that will be used to recover the account.
Memo Key
The memo key is specifically used to transfer fund in encrypt and decrypt memos
To encrypt a memo, we use the pound/# sign before it.
Master Key
The most important key among them is master key .This key help us to acquire all other keys so it is of most importance and should be saved using WPS with an encrypted code on the document so that only you can access it and protect it from others safely.
How to Transfer Token to Another Steemit Account
1.Login to your account,
Click on wallet option.
2.On the highlighted steem,
Click the dropdown menu besides it.
3 Click on transfer
4 Enter the steemit name of the person to whom you want to transfer and also enter the token you want to send.
3.Click next and confirm transaction.
Q1
Do you know each of these functions and restrictions?
Answer: Yes I have 5 keys and I know their functions and their restrictions.
Q2
Have you retrieve all your keys on steemit?
Answer: Yes I have retrieved my all keys.
Q3
How I plan to keep my master password?
Answer: I have copied it and savedit in my memo and my hard drive where it can be safe and only me can have access to it .
Q4
Do you know how to transfer your steem token to another steem user account?
Answer: Yes I know, this can be done using active key.
Q5
Do you know how to power up your STEEM?
Ans: yes I know how to powerup steem.
I owe a deep sense of gratitude to @oppongk for taking me through all the steps to the end.
I take this opportunity to encourage my fellow newcomers @pattwum @saintredeem and all to keep on keeping on for it shall be well.
Hello @kookd, I congratulate you, you have done an excellent job and have made progress, I wish you success in your new tasks and your career at Steemit.
I invite you to visit us here where you will find many contests that will probably interest you.
Thanks very much
I'm there with you
You have been verified for this task and you may proceed to the next achievement task at your convenience.
Note:You have done well by showing us the function of the keys on steemit. And also how to transfer a token on steemit.
Curators Rate: 2
Please continue to read and prepare from @cryptokannon Achievement tasks resources
Hello @kookd! Your work looks very good and well arranged. You have done well for using screenshot at each point to show your understanding of the each key and how Steem can be transferred from your wallet to another Steem user.
I guessed you have really learned a lot. Your next level is to complete Achievement 3 which is content Etiquette more of how to cite someone's original work to get rid of abuse and plagiarism. I really admire your enthusiasm and collaboration with Steemians and the entire Steem Community. Let's Steemon Bro!
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Muy buen post
Hi, @kookd,
Your post has been supported by @graceleon from the Steem Greeter Team.
“This post has been rewarded by @oppongk from @steemcurator04 Account with support from the Steem Community Curation Project."
Keep posting good content and follow @steemitblog for more updates!