Hello SteemitCryptoAcademy a warm welcome to you all here. |
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This is me @kathy-cute from Philippines and you are here Reading my Blog. I hope you all are enjoying the 12th season here. I am participating in the fourth week of this season. This is my participation in a contest STEEM Blockchain Privacy.
How does the STEEM blockchain incorporate privacy features for users, and what security measures are in place to protect sensitive data? |
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STEEM blockchain is a Decentralized system that is completely independent of any external influence. It has all the security features that insure the privacy of it's users, like it has a special key for each user so they can have access to their account and wallet. It operates more transparently, allowing users' transactions and content to be publicly visible on the blockchain. But this isn't harm or warn you privacy. You are still safe and secure.
Their are various mechanism Steemit use it for the protection of sensitive data and ensure security.
(a) The communication with the STEEM blockchain can be encrypted using HTTPS. It helps secure the data transmission between users and the blockchain network.
(b) STEEM Blockchain relies on elected witnesses to produce blocks and validate transactions. It uses a Delegated Proof of Stake (DPoS) consensus algorithm. This system insure the network's security and also reduces the risk of attacks.
(c) Here all the users are provided with private keys. These keys have specific functions and give access and control to their Steemit accounts. These keys are very crucial for the users, they can safeguard their accounts by saving these keys with them. Without these keys no one can get access to your account. The best thing in Steemit is that their is a specific key for every operations within the accounts. This system adds an extra layer of security to the platform.
(d) Their is a too much secure Wallet option within in the Steemit. Users can store their STEEM tokens in it. It is designed through a software applications to securely store private keys and facilitate transactions.
How have privacy mechanisms, such as private transactions or account privacy features, been implemented on the STEEM blockchain? |
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On Steemit as far as my knowledge is concern their isn't any private transaction system. If you make any transaction it will be publicly shown in your wallet. Other steemians can also see your transaction if they open your wallet option.
Yeah as far as it's privacy is concern it is too much private and secure. It ask you a specific Memo key of the platform you are sending your Steem coins too. This shows how secure the Steemit system is. Incase if you give a wrong wallet address, then the memo key option will shows you an error. The Memo key and wallet address must be same. Memo keys can be used to encrypt and decrypt private memos attached to transactions. It is for the sake of safety of the users.
How are security protocols, such as data encryption and protection against potential attacks, strengthened on the STEEM blockchain? |
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The STEEM blockchain employs numerous security measures to insure and enhance the data encryption and protection against the potential attacks:
Cryptographic Techniques: STEEM Blockchain uses cryptographic techniques, like hashing and encryption. It's aim is to secure data and transactions on the blockchain.
Consensus Mechanism: STEEM Blockchain utilizes a Delegated Proof of Stake (DPoS) consensus mechanism. This mechanism involves a selected group of validators we call it witnesses. These witnesses are given an important responsiblity doing the task of validating transactions and securing the network.
Regular Updates and Improvements: Steemit has a too much active and advance team of developers. These developers regularly update the protocol to address security vulnerabilities and enhance overall system robustness.
4.Community Vigilance: The STEEM community also plays a crucial role in this regard. The Representative, Mods and Admins always identifying and reporting all the spams and illegal matters here. The find out the potential security threats or vulnerabilities, enabling prompt responses and solutions.
- DDoS Protection: Distributed Denial of Service (DDoS) protection is one of the prominent mechanisms use here in Steem Blockchain. It's aim is to mitigate attacks aimed at overwhelming the network with traffic.
Can you illustrate specific use cases where STEEM's privacy features have been particularly beneficial to users? |
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The Steem keys system is the best advantage with all the steemians here. Their accounts are safe and sound until they give access to someone else to their keys. Non power in the world can get entrance to my account until and unless he/she knows my keys given to me by the Steemit team. When creating account we are alerted with that keys in the form of PDF. That PDF contains different keys responsible for various tasks.
Morever Steemit has a too much beneficial tool called steemwolrd.org tool. This tool gives you all the information related to your account. Their are plenty of options in this tool that gives you too much information related to your account. Even you can check it here if someone has access to your account or your account has been hacked or not. If your account get hack, you can complain the Steemit team, they will give you your account back within 30 days. You must complain with in 30 days, if after that, you will lose your account forever.
Here on Steemit it gives you an option if you want to hide your real identity you can. Mostly girls use that option, they don't show their real identity here. Just convince the Steemit team, if you are anyone you can work here.
The transactions on the STEEM blockchain are public. However users can still maintain some degree of financial privacy by using multiple wallets and addresses for different transactions. It will help prevent the tracing of transactions back to specific individuals or accounts. You are safe in this regard too.
What do you think are the next steps to develop to strengthen privacy and security on the STEEM blockchain, and how can these improvements influence adoption of the platform? |
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I have some suggestions in this regard to Steemit, I hope it will accepted by the team in future.
First one is their should be another security method along with keys too. I am referring to something like 2A verification system.If someone lost his keys, so he can recover it easily. It will make the account very much secure that no one can get access to your account.
Second thing is if it's possible to keep the wallet matters private. I mean transaction and things like that. Yes this should be their in Blockchain, but I think it shouldn't be invisible with in the wallet.
Steemit can improve traffic system too. Sometimes we see if their is more traffic their issue using the website. You can't post, or comment or any other activities then. Sometimes you get a reward, but it's not shown there in the notification, this is an another problem here. Currency account is having this problem. The Steems I get in the form of vote are not shown to me under my post.
My deep heart invitation to my dear friends : @cive40, @jasa107, @nathalidelgado, @emsonic, @elrazi, @safridafatih, @hotspotitaly, @hardphotographer, @beemengine, @tommyl33, @nushrat, @reetuahlawat, @carlaisl. |
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Have a nice Day ahead.I know You must be someone beautiful with a beautiful heart. I know you must be someone cute/handsome. I wish you too many blessings in life. |
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Regard kathy-cute
TEAM 5
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Thank you so much dear for the support. It really motivate me.
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Hey @kathy-cute your detailed insights into STEEM blockchain privacy are impressive! I love how you've explained the decentralized nature and the security features especially the unique keys for users. The emphasis on transparency without compromising privacy is commendable. Your breakdown of cryptographic techniques consensus mechanisms and community vigilance shows a holistic approach to security. Sharing real use cases especially the benefits of the Steem keys system adds practicality to your article. Your suggestions for 2A verification and enhanced wallet privacy are forward-thinking. Best of luck in the contest!
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Thank you so much friend for the beautiful comment.
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The witnesses of steem blockchain are working so hard to safeguard the blockchain from fraudulent activities. The security of steem blockchain is well incorporated to protect users information such as transactions and personal data. Indeed, you have discussed so well about the security features of STEEM blockchain. I wish you success.
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Thank you so much for a nice comment friend.
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Hello dear the STEEM blockchain takes data encryption and protection seriously ensuring user safety through measures like memo key encryption. These protocols strengthen security making STEEM a trusted platform for transactions and data storage..
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Love to see your beautiful comment here friend. Thank you.
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Really enjoyed reading your blog. You have given a very good presentation about STEEM blockchain privacy based on your subject matter experience and individual opinion. Apart from providing the relevant information you need, the necessary security measures you discussed were very important.
The tailored advice you need and following your recommendations can be extremely beneficial and help you gain more success in your competition.
thanks,
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Nice to see your beautiful response here friend.
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Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.
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As it is a decentralized platform. Here everything is open but very nicely presented by providing maximum security in terms of wallet. I learned a lot by reading your writing. Thank you very much. Best wishes to you.
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Yes dear Steem Blockchain is a decentralized Blockchain which is very secure and safe. Thank you for your beautiful comment.
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AsslamuAlikum Kathy-Cute hope your doing great your article is very informative and supportive about STEEM blockchain privacy. You have explained well the various aspects of security and privacy of blockchain. Your suggestions and ideas have made the script even stronger.
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My dear friend you are absolutely right to 2 A authentication and verification is very necessary for any platform just like Instagram or others password if we forgot we lost the data
Best of luck
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Thank you for the beautiful comment friend.
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Your welcome friend 💜❤️❤️❤️
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Hey dey friend
You most be very smart to understand the DDoS Protection: Distributed Denial of Service (DDoS) protection technique, I'm also a big fan of cyber security and different skills related to it.
In summary you did great and I love your entry by grace of God you will do better next time I will be honored if is drop a comment on my post through the link below 👇https://steemit.com/hive-108451/@starrchris/steemit-crypto-academy-contest-s16w2-steem-blockchain-privacy
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Thank you so much friend for your beautiful words. Love you 🥰.
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I agree that cryptographic techniques and consensus mechanism that platform and this blockchain is using is one of the most significant thing to consider when we talk about privacy of this blockchain and I am also that with the passage of time there would be more projects launched by this blockchain for getting users more attractive towards the platform.
I wish you good luck 🤞
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Thank you so much for your precious feedback friend.
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