Achievement 2 @fotogenix
From Nigeria
Objectives of this Task is:
Newusers have knowledge on basic security on steem such as how their master passwords works and can differentiate the use of their account posting key, active key, private owner key and memo key.
Newusers understand the use of their steemit wallet.
How can I keep my Steem account secure?
Save your master password and keep it somewhere safe.
Only log into your account using the key with the appropriate permissions for what you are doing:
Posting key for everyday logins
Active key when necessary for transfers, power ups, etc.
Master password or owner key when changing the password
Again, save your master password and keep it safe! If logging in with your post key, make sure you don't overwrite or misplace your original master password.
It is not recommended to share your password or keys with any third party site. Steemit Inc. is developing a login application that can be used on third party Steem front ends.
Why should I be careful with my master password?
The master password 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.
What are my different keys for?
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.
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.
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.
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.
What do I do if I lost my password/keys?
There is no way to recover your account if you lose your password or owner key! Because your account has real value, it is very important that you save your master password somewhere safe where you will not lose it.
It is strongly recommended that you store an offline copy of your password somewhere safe in case of a hard drive failure or other calamities. Consider digital offline storage, such as an external disk or flash drive, as well as printed paper. Use a safe deposit box for best redundancy.
What is the different between Master Password and Owner Key?
Master Password is used to generate all the other keys, including the Owner Key. The only reason you should ever really be using your Master Password is when you are going through the account recovery, in which case you should be retrieving the Master Password from your safe storage.
The Master Password is the password you get upon signing up. You should then take that password, go to your Steemit.com wallet, retrieve all the other keys, and only use those keys going forward.
Make sure you have read all the information on the different keys on steem and all the security measures and the other additional task. Then write a post based on these questions below and please be creatives as possible as this will be the factor in rewarding your post.
Question 1
Have you retrieve all your keys on steemit?
Question2
Do you know each of these key functions and restrictions?
Question 3
How do you plan to keep your master password?
Question 4
Do you know how to transfer your steem token to another steem user account?
Question 5
Do you know how to power up your STEEM
The Inquisitor's Disgrace
The air felt thick, moving languidly in curlicues, evidenced by the stream of smoke from the ancient smoking implement. The Inquisitor (for lack of a better term; it was a fair appellation, as he was the one asking all the questions) stood tall and arrogantly above the seated tech security officer.
Clearly The Inquisitor was "In Charge" (capitals necessary as he was obviously Someone Important), for not only was he interrogating the captive, he held a smoldering cigarette.
Cigarettes had been outlawed for over a century, when it was learned they not only caused cancer, but also dementia and poor driving ability. Only someone of the highest station could even find cigarettes on Earth 2, let alone be clueless (or haughty) enough to smoke one.
"In Charge" had folded his left arm across his midsection and held the elbow of the other. The right arm was held aloft, palm angled toward the sky, with the cigarette perched between his index and middle fingers. In this regal pose, he started with the questions again.
“Have you retrieved all your keys onSteemit?” he demanded quietly.
“Yes, yes I have, my lord.” The captive’s jaw clenched and he nearly spat the last two words, which he uttered against his will, the formality necessary in this questioning.
“Tell me each of these key’s functions and restrictions.”
“One uses the Posting key for everyday logins, to make comments, post messages, edit, vote, resteem, follow or mute other accounts,” began the lowly tech-sec.
“One uses the Active key when needed for funds transfers, power ups or downs, conversions, converting Steem Dollars, voting for witnesses, updating profile details and avatar, and placing market orders,” he continued.
“The Owner key is only used out of necessity because one may use it to change any of the account’s keys, included the Owner key itself. It should be stored offline, and only used in case one’s account has been compromised.”
“The Memo key is used when one wishes to encrypt or decrypt the memos sent along with funds transfers,” he confidently recited.
“The Master key is used to generate all the other keys, including the Owner key, and the only time one should require it is if one is recovering one’s account. Keep it safely offline for your safety," and protection from higher ups, he thought.
“Very good,” The Inquisitor admitted reluctantly. This tech-sec may have an attitude but he certainly is quick, he thought to himself.
“How is your Owner key kept, and where do you keep it?” inquired the smoker of the cigarette.
“Written down on a piece of paper, which I keep …” The speaker stopped abruptly. “Which I keep in a private place no one would ever think to search. And the digital backups of it and the master key are likewise concealed in other separate, secure locations.”
Bah, thought The Inquisitor. They always get that wrong, willingly surrendering the location of their most prized possession, thinking because of my station I am entitled to the answer.
He tried a different tack. “Do you know how to transfer your Steem token to another Steemit user account?” he questioned softly again.
“Yes,” replied the captive with a grin. The Capital-"I" Inquistor reddened at the slight jab.
“How then?” the arrogant enquirer demanded.
“One must click on the down arrow next to the number of Steem tokens held in the wallet section of one’s account, then click Transfer in the dropdown box."
"Then one enters the name of the account to whom they wish to make the transfer, then the number of tokens, and a memo, if desired. One then clicks Next," he recounted patiently.
"Finally, one may enter a memo if desired on the confirmation screen, then one clicks Okay to confirm,” concluded the tech-sec
Few questions has been skipped so kindly please refer to the task post and do the desired changes so that i can approve it.
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