Types of Steemit passwords & How to use them
You might not know this, but you have more than one steemit password. When you first complete your steemit registration, you are provided an owner's key. This is the master key for your account and under no circumstance should you ever give it away to someone you don't trust. The owners key allows access to your funds and gives permission to change the passwords. If someone obtains your owner's password and changes it, your account can never be recovered.
When interacting with-in the steem ecosystem, we found ourself doing different types of transactions in different apps and website. In order to moderate the risk of thrusting these third-party websites with your master key, steemit offer three other types of password that can be used to act or function on your account but limited with certain restrictions.
You can find These passwords at the following link:
https://steemit.com/@your-username/permissions
The posting key: It is used for posting and voting. It should be different from the active and owner keys. Providing this password to a third party will allow them to post and comment as you in steemit. Some apps that might request this password from you are @Dtube and @Dmania. Both websites that specialize in creating posts with a specific format.
The active key: It is used to make transfers and place orders in the internal market. I personally believe this key is as important as your owner's key because it provides access to your funds and allows access to all the same features as the owner key except by changing such owner key. Using this key, users can send steem funds to other accounts as well as exchange steem for steem dollars in the internal exchange. This key might be used to delegate steem power to other accounts. Because of it delegation capability, a website such as @minnowbooster might request this password to process transactions.
The memo key: It is used to create and read memos. When they are encrypted.
Never mind if a key can be used to transfer your funds out of your account, all of them are important and should be protected.
Remember to upvote and resteem this post for the chance to earn 1 Steem Dollar 💵 Winner will be chosen on the 24 HR of this post.
Thank you @raybilson for sharing about various Steemit passwords and the importance of not losing them. It is really useful and informative for a newbie like me. :)
Resteemed.
And the winner is
@ibrasteem
Share More Blogs Please.
thank you for the gift @raybilson
thanks for the good things you gave us
Steemit account password is the same as our life, I always look forward to your latest post because of the many information and interesting offers that you offer..
great comment, thanks for stoping by!
Please sir upvote and resteemit done
very interesting post and add my insight. thanks and passion, I am one of the many people who follow you and love every post you. my permission to do this post resteem friend @raybilson
feel free to resteem as you wish, thanks! I usually do give away to people who resteem and upvote within the first 24 hr of a post!
Really sir you so great man.... best of luck
a very interesting writing @raybilson, thank you for sharing, visit my blog to see the same thing https://steemit.com/srl-zone/@srl-zone/apa-itu-vest-and-mengenal-steem-steem-power-dan-steem-dollars
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SHARE MORE BLOGS PLEASE.
Thanks @raybilson Have a nice day
The security in this community is implemented from the first step of activating the account, by protecting the main password and thus not having any kind of problem later.
It's human nature to be careless, this post in just a little reminder of how important is account security
Good Work sir.
A very interesting science @raybilson. Our terms assume key is a common thing. But that's obviously wrong. the key is one very important thing, because many uses on our account. regards Steemit ...
Thanks
what is the meaning of steem ecosystem, is he separated from the steem account so the calculation is different from the vest
I am still confused to translate it
by ecosystem I meant all the apps the work in the steemit blockchain such as @busy and @dtube
what about upvote robots, are they included in the ecosystem section of @raybilson
I think that by using the word ecosystem, I call for the wrong analogy. what I meant by ecosystem is simply anything that interacts with the steem blockchain. And yes that includes bots.
in a sentence you write:
If someone obtains your owner's password and changes it, your account can never be recovered.
does that mean I will lose all the STEEM / SBD I have, if we can not make a report related to losing this password
on steemit you cannot make a report to recover your password if your lose your master key to someone else, you most probably will lose your account permanently.
means that if I lose my key password I can not do anything in steemit
thanks for the enlightenment, thank you for helping @raybilson
welcome
You my most choice man really