Achievement 2 Task– Basic Security on Steem
It is very important to understand the basic security in steemit before moving forward with any other activity. I have retrieved all keys related to my account and using it as per their functions.
There are total of 4 different keys and master password on steemit. It provides a different level of control/permission on the account and needs to keep safely.
1. Posting key
It is used to perform below actions-
post,
comment,
edit a post,
upvote/downvote,
resteem,
follow/unfollow people,
mute accounts
2. Active key
It is used to perform below sensitive actions related to your funds-
transfer funds, power up/down transactions, convert Steem Dollars, voting for witnesses, updating profile details and avatar, and place a market order.
3. Owner key
It is used to perform below actions-
To change any key of an account e.g. posting and active key. It can also be used to change owner key itself. it is meant to be stored offline (flash or hard drive) or print on a paper and only used to recover a compromised account.
4. Memo key
It is used to perform below actions-
To encrypt and decrypt memos when transferring funds. For encrypting a memo, need to use # sign before it.
5. Master Password
It is used to derive all keys for an account, including the owner key. If someone gets to your master password, they can steal your account and all of the tokens of your account.
Master Password should be stored offline i.e. flash or hard drive or print on a paper.
Below are the steps to transfer your steem token to another steem user account.
Step 1:
Step 2:
Below are the steps to power up your STEEM.
You can Convert your STEEM to STEEM POWER to have more influence over post payouts and enjoy curation rewards as well
Hi @mariita52,
This is my Achievement Task 2. I have already posted Achievement Task 1 in this Newcomers' Community.
Hello @neerajkr03, this post shows that you have acquired adequate knowledge of the Steemit password and the four keys. Without a doubt, your explanatory publication will help to give this necessary information to those who need it. Thank you for your support of the community.
You have been upvoted by rishabh99946 a Steem Greeter from STEEM POD Project and we are voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit.
Follow @steemitblog for the latest update on Steem Community and other writing challenges and contest such as #theshoppinggame #thelucky10s and #thediarygame Season 2 that will start in August.
Congratulations! You have passed the Achievement 2 on Basic Security, please get ready for the next task on Achievement 3: Content Etiquette here
See you soon! blush
Follow @ steemitblog for the latest update on Steem Community and other writing challenges and contest such as #theshoppinggame #thelucky10s and #thediarygame Season 2 that will start in August.
Checkout @steemingcurators daily showcase featuring all writing contests and other community challenges that ongoing on Steem Community.
Thank you, Rishabh.
I will make progress with my achievement task 05 now as I have already complete Achievement 3 & 4 today as per your suggestion.
Also, I am participating in #thediarygame and already announced our team name @steembharat