Achievement 2 @sanjeev.kumar Task : Basic Security on Steem

in Newcomers' Community4 years ago

Hello Steemians,
Greeting for the day!

It's crucial to understand the basic security on Steemit .Before moving further step. I have retrieved all keys related to my account and using it as per their functions.

All key provides a different level of permission on the account and needs to keep safely.
Here is different types of keys on steemit.

1. Posting key

Normal we use to perform certain action like posting, commenting, Upvote or downvote, follow people and mute accounts.

2. Active key

Basically it performs sentient actions related to our funds transfer, power up/down transactions , convert Steem Dollars, voting for witnesses, updating profile details and avatar, and creating new user.

3. Memo key

This action is perform to encrypt and decrypt memos when transferring funds. For encrypting a memo, need to use # sign before it.

4. Owner key

With the help of this key can change other key. so need to understand signification of this key.To reset Owner, active, and Posting keys. Recover your account.

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.

So on top most Master Password should be stored offline i.e. flash or hard drive or print on a paper for security.

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Below are the steps to Buy your steem and Sell you steem.

Step 1:

Here this i'm using my Active key to perform this action
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Step 2.

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Step 3.

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Step 4.

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Step 5.

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Transfer your steem token to another steem user account.

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To the attention of @cryptokannon and @rishabh99946

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Hi Sanjeev.

I think you have now got a good idea of all keys and password.

I would suggest adding a step/screenshot of powerup as well and learn uses of the same. Its very important to know how power up and power down works.

Thanks.

Hi @neerajkr03,
Thank you for your valuable feedback.

 4 years ago 

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.


I'm ready for next task on Achievement 3

Glad to hear that!

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