Achievement 2 @vaibhavsan Task : Basic Security on Steem

in Newcomers' Community4 years ago (edited)

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The second level of achievement is one of the most important aspects of steemit that i got to learn as new person on steemit. It is well known that my account is one of the things that guarantees my relevance here on steemit and that is where my efforts are been recorded , so any attempt or mistake of disclosing or loosing any of the keys especially my master password or owner key is totally detrimental to my account
as it makes my efforts worthless.
I have gotten all my keys with the help of my master @focusnow who taught me on how to get them and use them. Now, i would like to answer the questions as asked by my mentor @cryptokannon :
QUESTION 1. Have you retrieved all your keys on steemit ?
Yes , i have retrieved all my keys with the help of my mentor's tutorials @cryptokannon after my account was created.
QUESTION 2: Do you know each of these key functions and restrictions?
Yes , there are four different keys issued and there are different permissions to each , i know their functions and restriction and they are :
*My posting key
This Particular key is used for social networking actions, like posting, commenting and
voting. This key has a limited set of permissions and it is not able to be used for monetary actions. So money
can not be loosed if someone else gets access to this key. Thus it must be kept safe.
*Active Key
This key has additional permissions for more sensitive monetary-related actions, like transferring and exchanging tokens. It id used for powering steem up or down, vote for witnesses, place an order for an exchange, certain profile changes, publish a witness price feed. Anyone with access to this key can take my tokens so its advised that the key be kept safe.
*Owner Key:
The owner key is required to change the other keys. This key has additional permissions to recover your account or change your other keys. It's the most important key and should be securely saved offline.
*Memo Key
The Memo Key is only used to encrypt and decrypt private messages that are sent through the blockchain and its not commonly used.
QUESTION 3: How i plan to keep my master password?
I already copied it out and saved in my memo where it can be safe and i can only have access to it. I have also written it down.
Question 4 : Do you know how to transfer your steem token to another steem user account?
Yes i do , this action can be done using the active key, and with the help of the tutorial held by @kiwiscanfly on understanding your steemit wallet i have gotten lots of knowledge on that and i am very thankful.
Question 5 : Do you know how to power up your STEEM?
Yes, i have learnt a lot about it. I know that steem is in a liquid form and can be powered up to continue building a steem power. I am very greatful to @kiwiscanfly and am very thankful to @cryptokannon for bringing up this concept of achievements. To the attention of @cryptokannon.
@cryptokannon
@focusnow

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 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.


Thank u for this info ..will surely do so

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.

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