ACHIEVEMENT 2 POST by @rezzy7709: BASIC SECURITY ON STEEM

in Newcomers' Community3 years ago (edited)

IMG_20210528_153510.jpg

Hello everyone, Hope you are all doing well, this is Rezzy here and this will be my ACHIEVEMENT2 POST.
As this would be a post on the basic security on STEEMIT, I would be answering the questions by @cryptokannon on the various Keys.
First of, what is a key?
If a kid is asked, a key would be basically a metallic material that's used for opening and closing a door or lock😄, but on STEEMIT a key would be a list of words, numbers or phrases that used to login, transfer tokens, power ups or even changing passwordson the platform.
Retrieving all the keys of my STEEMIT account keys was done upon my registration by taking my Master key to my STEEMIT wallet and retrieving the other keys and downloaded by me as a PDF (portable document format) with my name as the title owner of the keys.
Moving on, I'll be listing the various Keys used for activities on STEEMIT, they include; the
I) Posting key
ii) Active key
iii) Owner key
iv) Memo Key
v) Master key

Firstly, the POSTING KEY; allows the user to post contents, comment on posts, edit comments and posts, vote on posts, resteem other user's post and follow/mute other user's accounts.

Second on the above list is the ACTIVE KEY; which is used for tasks in which caution should be well taken, tasks such as transfer of assets, conversion of tokens, power ups and downs, updating profile details and avatars, voting for witnesses and also placing market orders.

Third on the list is OWNER KEY; and it is only meant to be used when necessary as it is the most Powerful key and can be used to update or change any key of one's account of which the Owner Key itself isn't an exception. The owner key should be kept in private locations where it can't be easily accessed by others as it could be used to recover a compromised or lost account.

The MEMO KEY is directly for the encryption and decryption of memos in the transferring of funds from the user's account.

The MASTER KEY; is the most important of all keys because it will be the last stop in recovering the password or Owner keys when they become lost, it should be written and well saved offline for easy access incase such a scenario occurs!, because of hard drive failures or stolen or lost devices.
My own method of storing my MASTER KEY or PASSWORD will be writing It on a piece of paper and storing it along with my previous hidden documents so as to keep it safe with the others!, It should be known to users that the master key is only for the process of account recovery.

Now, In the Process of transferring STEEM from an account to another one has to click the down facing arrow close to the number of steem the account holds and click TRANSFER in the next set of options that gets displayed. After that is done, the transferrer of the tokens inputs the name of the recipient, then the number of tokens and if required a "Memo" is written, the Okay is clicked to confirm the Transaction. An image is shown below 👇🏽

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The account name of the recipient is included in the "To" box option in the image below

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In the Process of Powering up STEEM; the user still has to click the down facing arrow next to the number of STEEM the account holds and then Selects Power Up, inputs the quantity of steem required to be powered up and finally clicks Power Up for the process to be finished.

I think I've been able to explain how best I understand the various Keys, how to store them and also their various usage on the STEEMIT PLATFORM.

Thanks For Reading🖤.
SPECIAL MENTIONS

@cryptokannon
@inspiracion
@steemcurator03
@whitestallion
@njaywan
@ngoenyi
@yohan2on
@saxopedia
@bright-obias
@hassanabid
@sarkodieeric1

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Please I want you to show us how to transfer steem to steemit user with screenshots and I will come back to verify your post.

Why is he not getting upvote from @steemcurator03

You have been verified for this task and you may proceed to the next achievement task at your convenience.
Note:

Curators Rate: 1

Please continue to read and prepare from @cryptokannon Achievement tasks resources

 3 years ago 

Thanks alot
I'm very Grateful

Hello @rezzy7709 thanks for taking part in the newcomers achievement program. We are sorry we missed out on the voting window of this post but a catch up vote has been given for it.

Thanks

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