ACHIVEMENT2 @wealthmary//MENTOR BY @Crptokannon BASIC SECURITY ON STEEMIT BLOCKCHAIN

in Newcomers' Community3 years ago (edited)

Good day wonderful Steemians I'm very grateful for this great opportunity given to me to express my thoughts on Steemit. Thanks so much @Cryptokannon, @kadosh2340 @focusnow, @steemalive, I really appreciate.

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Basic Security on Steemit is the most important aspect of steemit which every user must strictly adhere to, in order to avoid being a victim of internet hackers and scammers. It also has to do with handling of your steemit keys like an egg, you need to store them in such a way that you can retrieve them whenever you want.
These keys are called private keys/passwords because your account is a private account, it is not to be shared with a second party or any kind of website. The security measures to be given to your account should be an authentic one, this is because once your account is lost , it can't be retrieved and if you misplace your private master key or your private owner key, your account can't be retrieved, therefore you need to be disciplined.

The 5 Basic Keys in Steemit Blockchain, and their differences and uses on your account.

The Master Key:

As the name implies, it is the most important key of your account, i will say it is the Brain of your account just as the C.P.U is the Brain of the computer. Master Key is the first key you are given once you sign up on Steemit, it is used to generate or retrieve other keys. It should be properly secured, because once it is misplaced, it cannot be retrieved. It should not be seen by another person or used on different websites. Keep your keys/passwords safe, ensure to store them in hard copy.

Procedures on How to Change your Password

  • Click on the 3 horizontal lines at the top right corner of your account

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  • Click on change password
  • Input your user name
  • On the box written current password
    Input your master key/password

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  • Click on generate password
  • Then tick the boxes
  • Click on update password.

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Owner Key:

The owner key is the most important key, it is used to recover a compromised account. It is also used to change other keys of your steemit account and even your owner key. It should be secured and kept in a hard copy.

Active Key:

This key is very sensitive, it is used for monetary and wallet transactions such as powering up/down, converting steem dollars, voting for witnesses, transferring of funds, witness voting , profile updates and placing market orders.

Posting Key:

Posting Key is the key that allows you to post in your account, comment on posts, follow or mute accounts, upvotes and downvotes on posts, edit posts, resteem.

Memo Key:

This play an important role in your account, it is used to encrypt and decrypt messages. It is used to hide messages from public, it can also be used to send messages to someone and it can be used to view a hidden message sent to you.

Precautions to be taken

  1. Secure your password and never share with a third party website or any person.
  2. Do not misplace your passwords or keys
  3. Your passwords/keys cannot be retrieved
  4. Store your passwords/keys in hard copy or hard drive
  5. Ensure you backup your keys/passwords in your device

I really appreciate this opportunity, thanks so much @steemalive, @cryptokannon, @kadosh2340, @focusenow @talktofaith
@wealthmary love Steemalive team

@steemcurator01
@steemcurator02
@trafalgar

Sort:  
 3 years ago 

Well done @wealthmary. You really took your time to study the keys. We really have to be extremely careful as regards handling our keys to avoid stories that touch the heart. Congratulations on completing your achievement 2 task.

 3 years ago 

Thank you

 3 years ago 

I can see you're really taking your time to understand how the system works..keep on with the achievement post and ensure you safeguard your keys. Weldone.

 3 years ago 

Thanks so much

 3 years ago 

Hello @wealthmary.
Congratulations on the completion of your achievement 2 task.
This shows you have the required knowledge on the security system in steemit. Please do well to keep your keys, safely written down and kept private.

 3 years ago 

Thank you I appreciate

 3 years ago 

Weldone on the completion of achievement 2

 3 years ago 

Thank you

 3 years ago 

@wealthmary (41) congratulation , you had successfully completed your achievement 2 tasks.
That shows you had, read and understand the ways to secure your basic keys.
Looking forward to see your achievement three post soon!

 3 years ago 

Thank you

 3 years ago 

Wow,you really took your time and did a lot of research on this post. I've learnt a lot from this. I can't wait for your achievement 3.

 3 years ago 

Thanks so much for taking your time to read my achievement post

 3 years ago 

This is quite concise and understandable... Thank for taking your time to master the system of security on Steemit @wealthymary

 3 years ago 

Thank you

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