Achievement-2-Mentor-by-Cryptokannon-Basic-Security on Steem// @jeffxto/25/10/2021

in Newcomers' Community3 years ago

I will be talking about Basic Security on Steemit. It is very essential that we all realize the importance of these keys as it helps to keep our accounts safe.

Question 1: Have you retrieved all your keys on Steemit?

Yes, I have retrieved all my from Steemit. I use them to make transfers, post, comment etc.

Question 2: Do you know each of these key functions and restrictions?

TRON Account Keys.

  1. TRON Public Key: This is also known as the TRON Address. I use it for transfer of tokens. It is the address that I transfer the tokens to.

  2. TRON Private Key: This key is used for authorizing any transaction including transfer of tokens, voting and freezing on my TRON wallet. It has the highest authority on my TRON wallet.

Steemit Private Keys.

  1. Private Posting Key:
    I use it to log into Steemit and post, comment, and vote in various communities.

  2. Private Memo Key: It is used to decrypt or decode transfer memos.

  3. Private Active Key: It is used for money related actions. It is used for transferring tokens and to power STEEM up and down.

Private Owner Key

This key is used to reset all other keys. When the security of my account is compromised, this key can be used to recover it within 30 days.

Question 3: How do you plan to keep your Master password.

I know the functions and importance of all these keys. I keep all of them safe. I save my master password on Google. I also have a diary where I save all my passwords. I will not share any password of mine in order to not compromise the security of my account.

Question 4: How to transfer STEEM tokens from my wallet to another STEEM user account.

  1. I first login to my wallet using my Private Active Key.

  2. Then I click on STEEM. The menu will display and I click on the Transfer icon.
    Screenshot_20211025-193957.png

  3. I enter the address of the STEEM user that I'm transferring to and the amount. Then I click on Next.
    Screenshot_20211025-194149.png

  4. A preview of the transaction will pop-up confirming the transfer. I click on Ok and then my token is transferred to the STEEM user I selected.

Question 5: How to Power Up my STEEM

  1. The first thing I do is to login to my wallet using my Private Active Key.

  2. Then I click on STEEM. A menu will display and I select on Power up.
    Screenshot_20211025-194626.png

  3. I entered the amount of STEEM I had. It showed me a preview confirming the transaction I was about to make. I clicked on Ok.
    Screenshot_20211025-194749.png

  4. The transaction was not successful because it required 1 month (4 payments) to convert back to STEEM which I did not have at the moment.
    Screenshot_20211025-194825.png

CC:
@stephenkendal
@brigth-obias
@ngoenyi
@whitestallion
@talktofaith
@meymeyshops
@trafalgar
@focusnow

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 3 years ago 

Hello, I am reddileep from Greeter Fairy Team.

I am happy to announce that you have successfully completed your achievement task. Now you are eligible for performing your next Achievement Task and you can refer Lists of Achievement Tasks posts to understand about your next Achievement Task which was published by cryptokannon

Curators Rate: 2

 3 years ago 

Hi, @jeffxto,

Your post has been supported by @reddileep from the Steem Greeter Team.