ACHIEVEMENT 2: @nithishkumar TASK: BASIC SECURITY ON STEEM

Hi friends, this post is based on securing the steemit account and use of the keys and also about the steemit wallet

Have you retrieve all your keys on steemit?
Answer:
You will be given five different keys (Master key, Owner key, Active key, posting key, Memo key)when you create an account in steemit.Each key must be used for different purposes.Out of these five keys, Owner key is capable of changing all the other keys but it cannot recover the lost keys but Master key is capable of recovering all the keys even the Owner key. So you must keep Master key very safe, if Master key is lost your account cannot be recovered.

Do you each of the key functions and restrictions?
Answer:
Master key -The master key is used to derive all keys for your account, including the owner key. If someone has access to your master password, they can steal your account and all of the tokens in it. So you must store it safely

Owner key -The owner key is only meant for use when necessary. It is the most powerful key because it can change any key of an account, including the owner key. Ideally, it is meant to be stored offline, and only used to recover a compromised account.

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 avatar, and placing a market order.

Posting key -The posting key allows accounts to post, comment, edit, vote, resteem, and follow or mute other accounts. Most users should be logging into Steemit every day with the posting key. You are more likely to have your password or key compromised the more you use it so a limited posting key exists to restrict the damage that a compromised account key would cause.

Memo key -While transferring funds this key is used to encrypt and decrypt memos. Inorder to encrypt a memo, use the pound/# sign before it.

How do you plan to keep your master password?
Answer:
Iam planning to store my Master key offline in a harddrive or in my mobile phone where no can access it except me,as it is very important of all keys

Do you know how to transfer your steem token to another steem user account?
Answer:
Yes I know how to transfer my steem token to another account.we can transfer steem token to another account by using transfer option in the steem wallet. For more detailed information you can read this article by @kiwiscanfly on Understanding your steemit wallet

Do you know how to power up your STEEM?
Answer:
Yes I know we can power up our STEEM by using the power up option available in steem wallet. For more detailed information you can read this article by @kiwiscanfly on Understanding your steemit wallet
@cryptokannon