ACHIEVEMENT 2 @blessingamey: BASIC SECURITY ON STEEM

Hello steemians
How are you guys today? Please stay with me as I write about the various keys on steemit as we all know that was given to us during our signing up on steemit.

I have been able to retrieve my keys

DIFFERENCES TYPES OF KEYS AND THEIR FUNCTIONS

MASTER PASSWORD:
The master password is the password given to you during your signing up which should be kept safe as it can be used to access an account and it is used to generate other keys.

OWNERS KEY:
The owners key is only needed when necessary, and it is the strongest key because it can change any key of an account. It is used to recover a compromised account.

ACTIVE KEY:
The active key is for transferring funds, power up/down transaction, converting steem dollars, voting for witnesses, updating profile details and placing a market order

POSTING KEY:
The posting key is what allows accounts to post, comment, edit, vote, resteem and follow or mute other accounts. And it is adviceable for users to login smeemit everyday with the posting key.

MEMO:
The memo key is used for encrypting and decrypting memos when transferring funds. And in order to encrypt a memo, use the pound/#sign before it.

This keys are all important so it is a most that you keep all this keys safe properly because you might not recover your account if these keys are lost. And you are warned never to allow any third party to access your account.

I plan to save my master key in my email

I have practiced how to transfer steem token to another steem user account and I will be illustrating it below.

I login to my wallet, sign in with my active key and clicked on steem dollars drop down arrow.
I clicked on transfer

I then input the user name of the person I want to transfer to.
Lastly I created a memo, submit and confirm with my active key.

I login to my wallet and sign in with my active keep
I clicked on STEEM arrow drop down
I clicked on power drop

I input the amount I want and then clicked on power up to confirm.

All thanks goes to @cryptokannon for letting us know about this achievement task and to keep us aware of the importance of securing our different keys as it affects steemit block chain.

Thank you for reading through

Cc: @steemcurator01
Cc: @steemcurator02
Cc: @steemcurator03
Cc: @steemalive
Cc: @trafalgar
Cc: @cryptokannon

written by: @blessingamey