Achievement 2 @ladipee Task : Basic Security on Steem
Hi, Great Steemian Community! with so much enthusiasm flowing in my heart, I want to say I am delighted to be part of this great platform. With less than a day of joining this Community, I have developed a great mind set in achieving positively and also willing to participate in all activities...
I would continue my steemit career by writing my Achievement2 post.
Hope my post brightens up your evening. If you must know, I stand to be corrected and willing to learn my Leaders.
BASIC SECURITY ON STEEM
Are you aware of the basic Keys accustomed to Steem users and their functions?
POSTING KEY
Posting key is utilized to publish a post, comment, Edit a post or comment, Upvote or downvote, Resteem content, Follow people and to Mute available accounts.
ACTIVE KEY
Active Key is explicitly used to Transfer tokens, to Power STEEM up or down, SBD conversion, Vote for witnesses, Place an order on an exchange, Certain profile changes, Publish a Witness price feed and to Create a new user.
OWNER KEY
Owner Key is used to, Reset Owner, Active, and Posting keys, to Recover your account, and Decline the voting rights.
MEMO KEY
Memo key is used to send an encrypted/encoded message and to view an encrypted message.
MASTER KEY
Master key is the most important key and the first one given to the user to derive all the keys for the account. As the name of the key implies, master key, that key is the master of that account or the one who knows it.
How to transfer the Steem to another's account
Step 1:
Log in to your account using username and active key password.
Step 2:
Click on the small arrow beside the Steem balance and then select transfer.
Step 3:
Put the amount you want to transfer, the receiver user name, amount and memo then you click next
Step 4:
then enter your key then click ok.
Step 5:
confirm it and congratulations your tokens have been transferred.
How to power up
We can transfer liquid Steem to steem power and this process is called power up.
Step 1: Go to wallet
Step 2: Click the arrow close to stream power
This process is called powering up your Steem. The more you have Steem power the more influence you will have in this platform .
How to power down
This can be done to transfer steem power to liquid stream .
Step 1: Go to wallet.
Step 2: click the arrow close to stream power.
Step 3: you will see an option to step down then click it.
Step 4: you will be asked to provide a key (active key ).
Step 5:Then click ok.
Do you have a backup on the Keys to steemit?
Yes, I used other storage media and softwares to save my keys such as Email, Private online diary and cloud such as Google drive.
Thank you all... Corrections and additional ideas are always welcome.