QUESTION 1:HAVE YOU RETRIEVED ALL YOUR KEYS ON STEEMIT
Yes, i have retrieved all my keys on steemit.
After receiving these keys that came in a PDF document. Understanding how they're real of value moved me to place them in a high level of security in my Google account drive of which can only be accessed by me.
As indicated below are the keys i received;
- Posting key
- Active key
- Owner key
- Memo key
- Master password
QUESTION 2: DO YOU KNOW EACH OF THESE KEYS FUNCTIONS AND RESTRICTIONS
Yes, I know the functions and restrictions of these keys and when to use them effectively, as proven below;
POSTING KEY: The posting key allows accounts to post, comment, edit, vote, resteem and follow or mute other accounts. Can also login to steemit with the posting key.
ACTIVE KEY: This 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 placing market orders.
OWNER KEY: The owner key is used to recover a compromised account, it's the most powerful key because it can change any key of an account. Meant to be stored offline and only used when necessary.
MEMO KEY: This key is used to encrypt and decrypt memos when transferring funds. If I received a private message I'll like to decrypt, as always I should use the minimum necessary authority which in this case would be the memo key.
MASTER PASSWORD: This is used to generate all other keys including the owner key, It's not recommended to share this key with any third party site. There's no way to recover your account if you loose this key.
QUESTION 3: HOW DO YOU PLAN TO KEEP YOUR MASTER PASSWORD
Since this hold a great function with access to the other keys and account recovery, I plan to give it high rate of security in my Google account drive of which am the only one that has access it to prevent spamming or loose.
Source
QUESTION 4: DO YOU KNOW HOW TO TRANSFER YOUR STEEM TOKEN TO ANOTHER STEEM USER ACCOUNT
Yes, I know how to transfer steem token to another steem user account. That's the procedure below;
First, I'll click on "wallet" in the right hand side in front of my profile page and log in with my active key if it isn't Goole saved.
Secondly, I click "steem", there are options I'll click "Transfer"
Thirdly, I input user name steem balance will display and also input the quantity of steem I want to transfer.
Lastly, verify if the username is correctly indicated (beneficiary) then input amount of steem to transfer and click "Ok"
DONE!!.
QUESTION 5: DO YOU KNOW HOW TO POWER UP YOUR STEEM
Yes, I do.
That's the procedure below;
First, I click on my "wallet" in the extreme right hand side of my profile page, log in with my active key if it isn't Goole saved.
Secondly, I click on "steem" There are options click "power up".
Lastly, steem balance will display then input the amount of steem i want to power up then click "NEXT" to confirm.
DONE!!!
I strongly believe that with these i have proven i understand what security stands for in this platform and also run my transactions effectively.
Special regard to @misterfab
Please add one more screenshot on how to power up. Your last screenshot doesn't show power up process but transfer to savings
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