Hello, steemit world!
Once again I want to say thank you Steemit World for verifying my achievement 1 post made in the newcomer's community, tho it took longer than expected but it's verified
Okay, on this achievement 2 post, I'll be writing on the basic security on Steem
1.Question number one
Have you retrieved all your keys on steemit?
The answer is a big Yes
Based on how the steemit ecosystem works, immediately after you're done Signing up the first thing they'll send to you is your master password. Your master password is what you use to retrieve all the other keys by simply going to your steemit.com wallet.
2.Question number two
Do you know each of these key functions and restrictions?
In talking about the functions of the various keys, I'd love to explain them one by one starting with the:
Master password
The master password is not called a key because it's through it that all the other keys are retrieved.
And it's different from the owner key because it can be used to generate all the other keys including the owner key.
Owner key
The owner key is very sensitive and is meant to be used when necessary. The owner key can be used to change any other key of an account.
Posting key
The posting key is the most used key by every user to log in to steemit daily. The posting key permits accounts to post, comment, and follow or mute other users.
Active key
This key is for more sensitive tasks such as transferring funds, powering up or down transactions, converting Steem dollars, placing market orders, voting for witnesses, and updating profile details.
Memo key
The memo key is used only for encrypting and decrypting memos during fund transfers.
3.Question number three
How do you plan to keep your master password?
Okay, I plan to keep my master password safely by uploading it to my Google drive folder as one of my special documents, but if you have a better way to keep it can share it with me and other readers pls?
4.Question number four
Do you know how to transfer your Steem token to another Steem user account?
Ok to transfer Steem token is not a difficult transaction to carry out
In the image below I tried transferring Steem token by going to my wallet and clicking on the arrow close to the Steem token, then when the slide appeared I went on to click transfer.
You can see it on the image below, the one the red arrow is pointing at:
After that the next page that appeared was the page were I need to input the amount and the username of who am sending the Steem token to.
As you can see on the image below, the blue box is the amount I want to send and the red one is my token balance. And memo key is used for encrypting and decrypting of memos during fund transfer
5.Question number five
Do you know how to power up your STEEM?
To power up Steem what you need to do is to still go to your wallet and click on the arrow close to your Steem token and when the slide shows up you select power up. Just as you can see on image below:
The next step after clicking on power up is that a new page will appear just as I showed below for you to input the amount of Steem you want to power up and your balance too will be displayed
When you are done writing down the amount you want to power up just click on the power up to activate it.
Key needed to transfer Steem token and to power up Steem is the active key. And the memo key for encrypting and decrypting of memos during fund transfer.
[MY INTRODUCTORY POST TO STEEMIT BY @juliusinimotimi MENTORED BY @alexanderpeace]
Beautiful. Good to know you are learning your way through steemit. Weldone. I call @goodybest and the new comers team for verification
Hi @juliusinimotimi you need to show Steph by step how to transfer Steem to another wallet, Same goes with power up. State those keys you'll be needing for the transactions.
Ok ma
Hello ma, I have done my corrections @goodybest
Greetings @goodybest, ma’am your attention is needed for verification pls. Thanks
Wow that is a nice job
You have been verified, continue keeping your keys safe especially the master password. You may move to the next achievement task #3 at your convenience.
Rate: 2
Thank you ma