Achievement 2 post

in Newcomers' Community3 years ago (edited)

Introduction

Greetings everyone,hope you all are doing great following accomplishment of my achievement 1,welcome to my achievement 2 post were i will answer the various questions stated by the task.

IMG-20210925-WA0029.jpg

Question 1. Have you retrieved your keys on steemit?

yes, i have my keys were obtained during the creation of my account. I was advised by both my mentor and the system to save my keys and store. I had save them in different places like my google and wrote it down.

Question 2. Do you know each of this keys functions and restrictions?

Each of this have their functions respectively.

Posting key

The posting key, is the key that grants the user the right to vote on posts,comment,create posts and edit them as well,follow accounts and mute accounts as well. The existence of the posting key restrict access to the wallet and other parts of your account on steemit in case of a compromised password. So the posting key is necessary only for the basic daily activities of the user's account.

Active key

The active key, is the key that grants the user the right to carry out more sensitive task that deals with your wallet and other sensitive parts of your account. It permits the user to transfer funds power up or power down accounts convert steem to SBD and SBD to steem, vote for witnesses, updating the user's profile settings, and making a market order.

Owner key

The owner key, grants the user rights to change all the other keys of the account and this makes it the strongest of the keys. It is used to recover all keys in case of compromised keys. This key should be kept private and in an offline location like written in a book or journal.

Memo key

The memo key, grants the user the right to encrypt/decrypt memos when making transactions. This is used only for memos in account transactions.

Master password

The master password, gives the user the right and access to recreate all the keys including the owner key, so it should be stored with almost precautions. It is used only in accounts recovery.

Question 3. How do you plan to keep your master password?

* Screenshot and save in my Google drive.
* Keep it safe in another location different from the current location.
* Write it down in my journal.
* My PDF file with all my keys are stored in my USB drive.

Question 4. Do you know how to transfer our steem token to another steem user?

Yes, I'll simply.
-
Go to my wallet.

Screenshot_20210925-225242.png

Click the drop option on steem.
select transfer steem.

Screenshot_20210925-230221.png

Then input the account I am sending steem to.

Screenshot_20210925-225418.png

Question 5. Do you know how to power up your steem?

yes, to power up steem
I will open my wallet
click the drop option on steem
then select the power up.

Screenshot_20210925-225552.png

Then input the amount of steem I want to power up.

Screenshot_20210925-225630.png

Conclusion

from the above answers, I know the various keys and their uses, how to transfer steem token to another user and how to power up steem on steemit.
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 3 years ago 

congratulations!

You have been verified for this task and you may proceed to the next
achievement task at your convenience. Please refer to the guide on the
Newcomers Achievement Program on the Notice Board pinned post

RATE: 2

 3 years ago 

Hi, @ladybb,

Your post has been supported by @lovveday from the Steem Greeter Team.

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