Achievement 2: basic security on Steemit

in Newcomers' Community4 years ago

images (7).jpeghttps://images.app.goo.gl/eeJHD4dFqvELUbsK8!

As a newbie understanding how to secure my account is very important, because any misplacement or revelation or loos of the keys most importantly my master key is gruesome.

With the help of Mr Charles @focusnow, I have carefully secured my keys for easy access whenever the need arises.

I retrieved my keys following the creation of my account.

There are four different keys generated and they have different permissions, I am aware of their functions and restrictions which are :

POSTING KEY

The posting 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 that means you won't loose money if someone discovers your posting key, nevertheless the posting key must be kept safe.
Posting Key permissions :

  • Publish a post or comment
  • Edit a post or comment
  • Upvote or downvote
  • Resteem content
  • Follow people
  • Mute accounts

Active Key

This key has additional permissions for more sensitive monetary-related actions, like transferring and exchanging tokens.
In the process of performing wallet related action, you may be reminded to authenticate using your Active Key. Anyone who has access to this key can take your tokens. To avoid loosing your tokens you must store and keep this Key safe.

Active Key permissions:

The Active key is used to;

  • Transfer tokens
  • Power STEEM up or down
  • SBD conversion
  • Vote for witnesses
  • Place an order on an exchange
  • Certain profile changes
  • Publish a Witness price feed
  • Create a new user

Owner Key:

The owner key has the power to change the other keys, it can be used to recover your account. It is the most important key and should be securely saved offline.

I have an offline copy and it is safe along with my personal files.

Owner Key permissions

Owner Key has these functions:

  • Reset Owner, Active, and Posting keys
  • Recover your account
  • Decline voting rights

Memo Key

The Memo Key is only used to encrypt and decrypt private messages that are sent through the blockchain, and for this it is not commonly used .

Memo Key permissions include:

  • Send an encrypted message
  • View an encrypted message

Finale

If your Master Key is lost, your account cannot be recovered! Therefore you should have an offline copy of your Master Key because it is the most powerful among all the Keys. Login into your account using the appropriate key for the appropriate section. Do not in any way disclose your keys with any third party site or app if you are not sure of the app or site.

Special thanks to you @cryptokannon for your efforts in bringing these achievements, it has been a great source of help.

#cryptokannon

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Thanks for attempting Achievement 2. You now have an understanding of the basic security of your steem account.

I invite you to respond to Achievement 3 - Content etiquette.

Hi @venon, Welcome to steem blockchain.

Check out the new Ask.Steem Community at https://steempeak.com/c/hive-153264/created. You may love it.

In case you didn't already know, https://steem.center is a good resource to learn more about Steem.

Hi @venon you can proceed to the next task on Achievement 3 here
See you soon! 😊

 4 years ago 

Allright @cryptokannon, I'll begin drafting my Achievement 3 post as soon as possible, it feels good working with you.

 4 years ago 

You have been upvoted by Steem Greeters from STEEM POD Project and we are voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit.



Please follow @steemitblog for the latest update and news on steem and @steemingcurators for Steem Community contest and challenges.

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