Achievement 2 Post:Basic Security on Steem

in hive-172186 •  3 years ago  (edited)

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I greet you all my friends and mentor.I have already done my Achievement 1 and I want to do my Achievement 2 as instructed by @ngoenyi who verified my Introduction post.I have learnt a lot aboit the keys from this task.

Security of my keys is very important to me.Wjar about you ??.This Achievement 2 post has made me to know the keys and how to use and secure them.

QUESTION ONE

Yes.I have retrieved all my keys.The master Password,the Posting key,the Active key,the Memo key.

QUESTION TWO

The keys are their functions.Each key has its main function.I will list them here.

MASTER PASSWORD
This is the mother of all the keys.It is used to generate the other keys.It is also used to change the posting keys,active keys,owners keys etc.

POSTING KEY
It is used for day by day log in and log out.Posting key is used for everyday log in into the account.It allows the user post, comment,vote,resteem.

ACTIVE KEY
This key is used for very private activities such as powering up, powering down,transferring funds and voting for witnesses.

OWNER KEY
The owner is not often used but it's Importance cannot be over emphasized.It can be used to recover a compromised account.

MEMO KEY
This key is basically used for encrypting and decrypting memo during transfer of funds.

QUESTION THREE

How I plan to save my master password.I will definitely save my master password in a place where it would be very secure.

I will still save it offline on a paper or hard disk drive.I will also snap it and print out as hardcopy.I will save on my phone notepad too.

QUESTION FOUR

Yes I can transfer Steem from my account to another user.Here is the procedure with pictures.

Log into your account.Select WALLET

Click in the drop down on STEEM

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Select TRANSFER

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Enter the name of the reciever and the amount of Steem.Click in NEXT and Complete the transaction by entering your Active key.

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QUESTION FIVE
I have learnt how to power up.To power up means to convert steem to SteemPower.
Here is the procedure.👇

Log into your account

Click on Wallet and Click on the drop down on STEEM

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Select POWER UP

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Enter the amount of Steem that you wish to power up.I entered 10 steem but I have insufficient fund.

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Then click on Power up and Complete the process by entering your Active key.

CONCLUSION
I really love this Achievement 2 task.I have learnt a lot about my keys from it .I mean the Importance of security of my keys and the uses of each key.I have also learnt how to transfer Steem and how to power up.
@ngoenyi

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Pls @juichi @jiuchi @ngoenyi help verify so that I can move to Achievement 3.

Why did you use krsuccess tag?

I have removed it.Pls check my post @event-horizon

Pls my Achievement 2 is still unverified @event-horizon @ngoenyi @juichi

Hi, Achievement posts are only posted once. Even if it takes long to be verified, don't repeat any Achievement posts