The Master Password
Is used to retrieve all your keys on steemit. The Master Password is used when a member of steemit is doing account recovery. This is why the Master Password should be stored in a safe place because if any one have access to your your master password, the person can steal all the tokens in your account.
Question 2: Do you know the each of the key funtions and restrictions?
There are about five keys in steemit, each have its funtions and restrictions.
POSTING KEY:
The posting key is used for very day login to your steemit account. It allow account holders to post, edit, resteem, follow, mute, vote and comment on other accounts.
OWNER KEY:
The owner key is used only when necessary. It is a very impoatant key because it can be used to change other keys. It is mainly used to recover compromised account. It should be stored offline because it is the most powerful key here.
MEMO KEY:
When transfering funds, the memo key is used for decryting and encryting memos. The pound/# sign is used before a memo in other to encryt it.
ACTIVE KEY:
When performing more sensitive tasks, the active key is used. Tasks like updating your profile details,placing a market order, voting for witnesses, converting steem dollar, transfering of funds and power up/down transactions.
MASTER PASSWORD:
The master password is used when an account holder in steemit is doing account recovery. It is used to retrieve all your keys in steemit.
All this keys should be used to login into your account using the appropriate permission for what you are doing.
Question 3: How do you plan to to keep your master key?
For me personally, I will keep my master key offline. I will print it out and store in a safe place because if any body have access to my key, the person will steal all my tokens.
Question 4: Do you know how to transfer your steem token to another steem user account.
For me to transfer my steem from wallet to another steem user wallet, my steem have to be in liquid format. So I will go to my steem balance and click the small arrow to select transafer. Then I will fill the transfer form as shown below:
To transfer my steem, I go to the reciever section and put the address wallet of the reciever and on the amount section I enter the amount.
Question 5: Do you know how to power up your steem?
To power up my steem, first I need to login into my steem wallet. When I login, first I will click on the drop down box and scrol down and choose power up. Next the screen will ask me how much of the liquid steem I need to power up. I will select from liquid steem the amount I want to power up. After selecting the amount and puting it at appropriate box, I will click on the power up botton and will waite a couple of second until I recieve a message that my steem power has increased.
For power up, once I click on power up, on the new window that pop up I put the amount. After that you will click on the power up button and confirm it.
My dear @noble316 I don't think this is the right community to be posting achievement posts,try to post them in the Newcomers community.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hola, un gusto saludarte y a la vez darte la bienvenida a la plataforma.
Así como tu estas comenzando, nosotros también, somos una comunidad deportiva con ideas para relacionar todos los ámbitos de la vida diaria con la vida deportiva, con el lema de que cada participación es ganadora y de esta manara darte la oportunidad de generar steem paratu crecimiento.
Te invito a verificarte en la comunidad luego que sea aprobado tu logro 1, por aca te dejo enlaces de la comunidad @hive-197661 all-sports.
Nuestras moderadoras estarán listas para atenderte y guiarte.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit