Achievement 2: Basic Security on STEEM | by @bascot

in hive-172186 •  4 years ago 

images (57).jpegImage

Master Key

Master key -The master key is used to derive all keys for your account, including the owner key. If someone has access to your master password, they can steal your account and all of the tokens in it. So you must store it safely

Owner Key

Owner key-The owner key is only meant for use when necessary. It is the most powerful key because it can change any key of an account, including the owner key. Ideally, it is meant to be stored offline, and only used to recover a compromised account.

Active Key

Active key -The active key is meant for more sensitive tasks such as transferring funds, power up/down transactions, converting Steem Dollars, voting for witnesses, updating profile details and avatar, and placing a market order.

Posting Key

Posting key -The posting key allows accounts to post, comment, edit, vote, resteem, and follow or mute other accounts. Most users should be logging into Steemit every day with the posting key. You are more likely to have your password or key compromised the more you use it so a limited posting key exists to restrict the damage that a compromised account key would cause.

Memo Key.

Memo key -While transferring funds this key is used to encrypt and decrypt memos.

How to Transfer STEEM

Yes I know how to transfer STEEM

To do this you have to login with your active key then click on steem

As shown in the screenshot below..

Screenshot_20210405-122532.png

Then you will click on Transfer and enter the amount and the user you want to transfer to and the required memo

Screenshot_20210410-105437.png

Click on "Next" to complete the action

How to Power up

Yes I know how to power up.
Login with active key and click on STEEM, select "Power up" as shown in the screenshot below

Screenshot_20210405-122532.png

Then enter the amount of STEEM you want to power up and click on "Power up"

Screenshot_20210410-105420.png

Conclusion

Security in steemit should not be taken for granted.
All the keys are very important.
I have back it up offline and keep them safe.

I want to thank everyone for their supports

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!