Achievement 2 : Basic Security On Steem

in Newcomers' Community2 months ago

Greetings everyone!
Today, we'll talk about the Steem security. The issue of security cannot be over-emphasized as it is the lifeline and protective tool in every software/hardware platform.
As we all know, immediately you get registered on the platform, you are given keys. I also got them. Firstly, I got the master key which powered up the other security keys (Posting key, Active key, Owner key & Memo key).
Below is a distinctive information on the following keys and their various permissions it gives.

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image source

Posting key:
This presumes to be the commonly used and lowest level key in the category. Mainly used to perform activities in all social tools with under-listed permissions;

How to post a comment & publish a blog
Upvote or downvote
Resteem a post
Follow people & Mute accounts.

It is advised we login always with this key for less risky and fatal hack cases.

Screenshot_20201107-160113_1[1].png

Active key:
This can be likened to be a mid-level key which mainly handles financial transactions like transferring of steem to another steemite, buy or sell also in the platform. We are expected to be more careful with this key and only enter the Active key into trusted applications or devices. Compromises may lead to loss of tokens in the wallet.

Sc20201107-161132_1_1[1].png

Owner Key:
This seems to be the most delicate and important key as it has the capacity to change all other keys and owner key too. It has he capacity to also restore your account at any given time. This key should be well protected and hidden from third party interference.

Memo key:
The key is designed to encrypt and decrypt messages that are sent over the blockchain.

For the questions listed by mentor @cryptokannon;

Question 1. Have you retrieved all your keys on steemit?

YES, I retrieved all my keys with the help of @whitestallion & @focusnow immediately after my account was created.

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

YES, just as narrated above they seem much more clearer after this task.

Question 3. How do I plan to keep my master password?

** Decided to save these keys in three (3) different spots (My hard drive, Printed copy well filed and stored in a basement & in my device)**

Questions 4. Do you know how to Transfer your steem token to another steem user account?

**YES, this can be primarily done with the use of the Active key. Kudos to @whitestallion for the tutorials.

Question 5. Do you know how to power up your steem?

**YES, my gratitude to @whitestallion for his kind tutorials on this also. Steem is in a liquid form and can be powered up
to continue building a steem power.

Thank you @cryptokannon for your smart efforts in putting up this different achievement(s). This is a better way to impact knowledge directly.

See you all tomorrow for the next task

#achievement2 #cryptokannon #Nigeria #Steemit #steem

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 2 months ago 

You really did a great job in your achievement 2 post. Understanding the security structure in steemit is a vital knowledge, keep steeming and great Job.

 2 months ago 

Thanks

 2 months ago 

Greetings friend @xkool24

I am pleased to see that you have published to meet the requirements of achievement 2, so it is my duty to inform you that you must add images of the process to answer questions 4 and 5 of the questionnaire in order to validate compliance with this achievement.

I will be waiting for your advice or if you update the information required.

Congratulations !

You have successfully completed achievment 2 on "Basic Security on Steem". You next task is to complete achivement 3 : Content Etiquette.
👉 You can follow @steemitblog for the latest updates and news on steemit platfrom and follow @steemingcurators for find more information about new contests and events.

👉And I like to invite you for the "A Better Life With Steem' project " #betterlife , you can find information from here
See you soon with the next achivement !

Please feel free to ask anything and have a nice day !

 2 months ago 

Thanks, best regards always

 2 months ago 
You have been upvoted by @besticofinder, Steem Greeter from STEEM POD Project and we are voting with the Steemit Community Curator @steemcurator03 account to support the newcomers coming into steemit. Follow @steemitblog for the latest update on Steem Community. Steem on!

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