Achievement 2: Basic Security on Steem

in Newcomers' Community3 years ago (edited)

Hi guys, I'm here to talk about the basic security on steemit.
It's obvious that every good platform has means of being safe and secure for it's users so Steemit wouldn't be an exception.
We have various security keys here on steemit so let me quickly take you on what they are and their uses.

KEYS ON STEEMIT

PRIVATE MASTER PASSWORD:

Just as the name implys, this key is used to generate everyother keys on steemit. For security reasons, this key should highly secured advisibly to be saved offline.

  • How I plan to keep my master password

Due to the high importance of the master password, side being saved as a document online, I plan on having a copy of it saved offline.

three-keys-to-maximizing-franchise-successjpg.jpg
source

POSTING KEY:

It's the key that allows users access to various contents in steemit platform such as logging in, voting, commenting, resteeming, following and unfollowing, editing, posting etc. It is limited in the sense that the more you use it, the more likely you are to get it compromised. So we can say that the posting key is a key that creates orderliness on the platform because without it, some users will easily be over doing things.

ACTIVE KEY:

Active key on steemit is used for task that are not often performed like the ones regulated by the posting key. It's is the key used for transaction on steemit platform, convertion of steem dollars and editing profiles.

OWNER'S KEY:

The fact that their is possibility of an account being compromised, there should be a way for the user to recover a compromised account that's where the owner's key comes into play. It is used mostly for account recovery.

MEMO KEY:

A memo key is used for encryption and decryption of memos during funds transfer on steemit.

WALLET AND TRANSFERS

Now let's talk about steem wallet and how to transfer funds within and outside steemit platform.

Steem wallet gives you maximum control and security over your assets. Below is a picture of what it looks like.

Screenshot_20210803_131827.jpg

Transfer

To transfer steem within steem platform, the username of the sender will be on the space (From).
The steem address of the receiver will be on the space (To) and then the amount oof steem to be transferred in the space (amount) just as shown in the picture above.

Transferring steem outside steem platform:

To transfer steem outside steem platform, username of the sender in the space (From), this time around you don't put the steem address of the of the receiver in the space (To) instead you put their username and on the space (Memo), that's where you put the steem address of the receiver's binance or any other wallet address.

Screenshot_20210803_151215.jpg

HOW TO POWER UP YOUR STEEM

Login into your steem wallet and click on Steem and several options will pop up then click on power up. It's just as simple as that.

Screenshot_20210803_155212.jpg

That's all for now on basic security on steemit. Thanks for reading.
@Cryptokannon
@whitestallion
@steemcurator03
@ngoenyi

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You have to answer these questions.

Question 3
How do you plan to keep your master password?

Question 4
Do you know how to transfer your steem token to another steem user account?

Question 5
Do you know how to power up your STEEM?

 3 years ago 

Thank you very much! They have all been added.

You forgot to add the 3rd question on how you plan to keep your master password.

 3 years ago 

Thank you! I have answered it.

 3 years ago 

Hi @srrebullient, congratulations on your successful completion of your Achievement 2.

It is my pleasure to announce to you that you can proceed with Achievement 3 which is content etiquette

I also want to encourage you to complete all the Achievement posts in the newcomers community by @cyptokannon. Check here. This will place you in a position to take advantage of the helps rendered to all newcommers.

Thank you for completing this Achievement!

Rate- 3

 3 years ago 

Thank you very much @ngoenyi
Have a nice day.

 3 years ago 

Hi, @srrebullient,

Your post has been supported by @abuahmad from the Steem Greeter Team.

 3 years ago 

Thanks alot!!! @steemcurator03

 3 years ago 

Thanks alot!!

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