Achievement 2 @undaunted123 Task : Basic Security 🔐on Steem || How to secure your wallet & How to operate it well.

in Newcomers' Community2 years ago (edited)

WhatsApp Image 2022-05-04 at 12.11.19 PM.jpeg

Thankyou @cryptokannon for verifying my achievement 1 task and providing me all the information I required about the security keys and my wallet.

Understanding the basic security on Steem platform is very crucial for every user of steemit blockchain . It is very important to learn all the things about your security keys and wallets and most important is to apply what you already know.

I HAVE RETRIEVE ALL OF MY SECURITY KEYS SAFELY.
Some important things you should always remember about security keys is :

Save your all master password, posting key etc. keep it safe our master key somewhere because only your password can retrieve your data so keep it in safe place.

store your keys in two to four places. Just don't miss it.
Steemit can not help you to retrieve your password. If once it's lost , you'll loose your account. So just don't miss it.
Read all the above points again!!!
But,

What these Security keys mean

Let me tell you more about all the keys.

PRIVATE KEYS
  • Private Posting Key: This key is used to login to apps or website such as Steemit.com and perform the acts of commenting, upvoting , Downvoting etc.
  • Private Memo Key: This key is used to decrypt private Transfer Memos. It plays a vital role in privacy of messages sent to and by you.
  • Private Active Key: This key is very impostant key its a economical key and is related to your wallet. Thus , it is a very crucial key required to perform wallet related actions. It helps in transferring tokens or powering Steem up and steem down.
  • Private Owner Key: This key is used to reset all other keys including itself also and is your saviour when your account is compromised. It can be used to retrieve your compromised account within 30 days. One should always store it offline and most preferably in a hard copy or Drive.
  • Private Master Key:
    This key called as the "seed key" , it is used to generate all other keys including the private owner key. In case of third party attack to your account you should have both owner as well as master key to get back your account or else it will be gone.
    One should never share this all keys with anyone.

HOW TO TRANSFERRING STEEM TOKEN TO OTHER USER'S ACCOUNT

  • Step1: Click on your profile picture on right hand side top corner

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  • *Step2: Go to wallet

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  • Step3: Click on menu button at top right corner drop-down
  • Step4: Sign in using your username and Active Key 🔐

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  • Step5: Click on your steem balance and Choose the first option "Transfer".

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  • Step6: Fill the recipient's details on the slot displayed and fill the amount of steem to be transferred.

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  • Step7: Click ok and you'll be done.

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HOW TO POWER UP STEEM

  • STEP 1: Repeat step 1-4 from above process yet we done.
  • Step 2: Click on steem balance and Choose power up.

8.png

Hope all the information helps to take knowledge.

Thank you very much, special thanks to @cryptokannon

Regard

@undaunted123
cc-
@juichi

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 2 years ago 

Hi, @undaunted123,

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

This Achievement Task is very important in our Steemit journey. You need to understand clearly the different important keys and their functions in the Steemit wallet. Be sure to store your keys safely.

You have been verified for this task and you may now proceed to Achievement 3: Content Etiquette at your convenience. Please refer to the guide on the Newcomers Achievement Program on the Notice Board pinned post.

Curators Rate-3

Reminder

Use this upvote as your initial capital to join the #club5050 program which means to power up more than half of your cashout. Know that the Steem Greeter’s Team is very strict about this matter. We will check your wallet if you really follow the rule.


I am inviting you to visit the Steemit Philippines Community and join our weekly contests. We are glad to welcome you there. To be considered as one of our members submit a Verification post.

Thank you.

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