Achievement II; SECURITY TIPS ON STEEMIT; Understanding the usefulness of each keys.
Security in the Steemit field means safeguarding your account keys, ensuring blockchain integrity through witnesses, protecting user funds, avoiding phishing, and maintaining a trustworthy content environment.
Posting Key:
This key should be 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 you can't lose money if someone else gets access to this key.
Active Key
This key has additional permissions for more sensitive monetary-related actions, like transferring and exchanging tokens.
When performing a wallet related action, you may be prompted to authenticate with your Active key. You should only enter your Active Key into apps which you trust because anyone with access to this key can take your tokens. Do yourself a favor and store this key safely to avoid losing tokens in the future.
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 stored offline.
Use your Owner Key to:
Reset Owner, Active, and Posting keys
Recover your account
Decline voting rights
Memo Key:
The Memo key because it is a bit of an outlier. The only thing the Memo Key can do is encrypt and decrypt private messages that are sent through the blockchain. While this could one day be a powerful feature, today it is not commonly used. If you have received a private message that you would like to decrypt, as always you should use the key with the minimum necessary authorities, which in this case would be the Memo Key.
Use your Memo Key to: Send an encrypted message & View an encrypted message
Public Keys:
Public keys are associated with usernames and can be used to look up associated transactions on the blockchain. Your public keys are not required for login on Steemit.com and you don't need to store these safely..
Transfering STEEM tokens to another user??
First log in to Steemit and go to your wallet.
Find your STEEM balance and click the dropdown menu next to it.
Select "Transfer".
Type the exact username of the person you are sending to.
Enter the amount you want to send.
Double check all the details to make sure they are correct.
Confirm the transaction using your Active Key.
TO POWER UP YOUR STEEMIT
Go to your wallet and find your STEEM balance.
Click the dropdown menu and choose "Power Up".
Enter the amount of STEEM you want to convert into Steem Power (SP).
You will see how much SP you will get. Confirm the details.
Click the "Power Up" button to complete the process.
KEEP YOUR KEYS SECURED