Hi Steemians!
I hope you are doing well. So Please stay with me, as I have written about the various keys on steemit.
Steemit Keys
These are password or the unique keys that allows the owner to perform certain task on their STEEMIT account. These keys are like every other Password that are personal and not to be shared with anyone because any second or third party access to these keys could cause the compromise or vandalisation of your account. So to keep your account safe one must make sure that his keys are stored in a safe place that can easily be retrieved.
Question 1- Have you retrieve all your keys on steemit?
YES, This is the very first task, I have done after joining the Steemit platform. I saved my account's all private keys (Key's PDF) in my google drive , and also stored in physically mode. Later, I have saved my keys in my private computer, so that no-one can access my Steemit keys.
Question2- Do you know each of these key functions and restrictions?
The Master Key
The master password is the password given to you during your signing up which should be kept safe because it can be used to obtain all keys of your account, including the owner key.
The Owner Key
The owner key is only meant for use when necessary. It is the most powerful key as it can change any key of an account. Its main function is for the recovery of a compromised account.
The Active Key
The active key is used for transferring funds, power up/down transaction, converting steem dollars, voting for witnesses, updating profile details and placing a market order.
The Posting key
The posting key is what allows accounts users to post, comment, edit, vote, resteem and follow or mute other accounts. it is also adviceable for users to login steemit everyday with their posting key.
The Memo key
This key is used for encrypting and decrypting memos when transferring funds. In order to encrypt a memo, use the pound/# sign before it.
These keys are all important so it is a must that you keep all these keys safe and well because you cannot recover your account if these keys are lost. Also, you are warned never to allow any third party to access your account or any of your private keys.
Question 3- How do you plan to keep your master password?
At the very first time, With my friend's suggestion, I have saved my master password in my drive and backed it into the hard copy as well. So there is no chance of losing the master password.
I have also Learnt about how to perform a few actions on my wallet. I will discuss them below.
Question 4- Do you know how to transfer your steem token to another steem user account?
(1) Firstly , Login to your wallet.
(2) Now , click on the steem that are available on your account, and then Click on the drop-down menu, then select Transfer.
(3) The system will request how much steem you want to power up. First, Enter the username, and then amount, or memo (if any).
Then click on Next.
- Now click on OK
After sometime, the steem will be transferred into another steem account.
Question 5- Do you know how to power up your STEEM?
Yes , i know the steps very well, that are given below.
(1) Click on available Steem , and then on the drop down menu , Click on the Power Up.
(2) Enter the amount and then Click on Power Up.
(3) At the end , Click on the OK button.
After sometime, you'll notice, the steem that you have powered up , transferred into your SP count.
Thank You
THIS IS MY INTRODUCTION POST ACHIEVEMENT 1