Achievement 2 Verification | Basic Security On Steemit | Newcomer's Community | @rajib833
Hlw Everyone
I am @rajib833 from Cumilla,Chittagong, Bangladesh
How are you all ??? I hope you all are hale and hearty by the blessings of Almighty . After completing 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 proper understanding of the keys I engaged with my elder brother @tarpan 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.Click on the down arrow besides steem dollars
3.Click on transfer and enter the account name of the person to whom you want to transfer and also enter the token you want to send.
Q1:-
Do you know each of these functions and restrictions?
Answer: Yes I have 5 keys and I know their functions and their restrictions properly.
Q2:-
Have you retrieve all your keys on steemit?
Answer: Yes I have retrieved my all keys on notes.
Q3:-
How I plan to keep my master password?
Answer: I have copied it and saved it on my one note.
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.
Steem Power Up Process:-
- First go to your steemit wallet ...
2.Click on steem amount and then click power up.....
3.Enter the account where you want to power up and the amount of the steem. Then send the confirmation of Power up . That's it.
I owe a deep sense of gratitude to my elder brother @tarpan for taking me through all the steps to the end.
Congratulations! You have been verified for this task and you may proceed to the next achievement task at your convenience.
Please visit this post for guidance about your next Achievement
Rating: 2
Thank you so much ❤️ of course i will
Wow ☺