Achievement 2 @ezege11 task: basic security in steem

in Newcomers' Community4 years ago

For any platform to do well i think the first thing they should take into consideration is the security of the platform
Steemit came with a new innovative way to secure accounts and it is game-changing! The issuance of different keys for different levels of account access is an ingenious idea that should be emulated.

The different keys are as follows

The posting key - Used to log in to apps such as Steemit.com and perform social actions such as posting, commenting, and voting.

Private Memo - Used to decrypt private transfer memos.

Private Active- Used for monetary and wallet related actions, such as transferring tokens or powering STEEM up and down.

Private Owner Key- Used to reset all your other keys. It is safer to keep it offline at all times. If your account is compromised, use this key to recover it within 30 days at https://steemitwallet.com

Public keys- These keys are associated with usernames and are used to encrypt and verify messages. Your public keys are not required for login.

STEEMIT WALLET

This is almost similar to the traditional cryptocurrency wallets we are used to, we can send, receive or store steem in it, but it is different because it includes a new concept of having 3 sub-wallets all tied to stem

Steem wallet - For the native coin
Sp wallet - to store steem power
SBD wallet - For the steem based dollar
TRANSFER OF STEEM/SBD

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To make a transfer;

Open your profile
Click on 'wallet'
Click on the options button on the steem balance
Select Transfer
The second frame pops up, click on next and conclude your transactions. Make sure you are logged in with the private key.
POWERING UP STEEM

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To Power Up Steem:

Open your profile
Click on 'wallet'
Click on the options button on the steem balance
Select power up
fill the required details in the second frame and your steem is powered up.
Question 1
Have you retrieved all your keys on steemit?
Answer: Yes I have

Question2
Do you know each of these key functions and restrictions?
Answer: Yes, as shown above

Question 3
How do you plan to keep your master password?
Answer: I have it penned down in my diary, with a few more numbers and letters to avoid discovery and theft

Question 4
Do you know how to transfer your steem token to another steem user account?
Answer: yes I do

Question 5
Do you know how to power up your STEEM?
Yes, I was taught by a friend.

Special thanks to
@cryptokannon
@steemcurator01
@steemcurator02
@steemcurator03

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 4 years ago 

Good job on your achievement 2

 4 years ago 

Thanks bro

 4 years ago 

Congratulations on your progress, your achievement 2 task has been verified, you may now proceed to the next achievement task.

You have been upvoted by @whitestallion and I’m voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit.

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