Achievement 2 @jayniee Task : Basic Security on Steem

Cyber crime is at it’s peak now and a lot of people are falling victims are missing a lot due to it. Cyber crime makes one feel like they’re facing a powerful and invisible attacker. Forty percent of people of millennials have reported having experienced cyber crime in the past year. There are a lot of cybercrime victims in the world today. The issuance of different keys for the different levels is a wonderful idea that most platforms should embrace cause cyber crime is at it’s peak now.

The different keys and their functions are as follows

The posting key - Used to log in to apps such as Steemit.com and perform social actions such as posting, commenting, and voting.

Private Memo - Used to decrypt private transfer memos.

Private Active- Used for monetary and wallet related actions, such as transferring tokens or powering STEEM up and down.

Private Owner Key- Used to reset all your other keys. It is safer to keep it offline at all times. If your account is compromised, use this key to recover it within 30 days at https://steemitwallet.com

Public keys- These keys are associated with usernames and are used to encrypt and verify messages. Your public keys are not required for login.

STEEMIT WALLET

This is almost similar to the traditional cryptocurrency wallets we are used to, we can send, receive or store steem in it, but it is different because it includes a new concept of having 3 sub-wallets all tied to stem

Steem wallet - For the native coin
Sp wallet - to store steem power
SBD wallet - For the steem based dollar

TRANSFER OF STEEM/SBD

To make a transfer;

Open your profile
Click on 'wallet'
Click on the options button on the steem balance
Select Transfer
The second frame pops up, click on next and conclude your transactions. Make sure you are logged in with the private key.

POWERING UP STEEM

To Power Up Steem:

Open your profile
Click on 'wallet'
Click on the options button on the steem balance
Select power up
fill the required details in the second frame and your steem is powered up.
Question 1
Have you retrieved all your keys on steemit?
Answer: Yes I have

Question2
Do you know each of these key functions and restrictions?
Answer: Yes, as shown above

Question 3
How do you plan to keep your master password?
Answer: I have it saved somewhere safe, that it can’t be tampered with.

Question 4
Do you know how to transfer your steem token to another steem user account?
Answer: yes I do

Question 5
Do you know how to power up your STEEM?
Yes, I was taught by someone

Special thanks to
@cryptokannon
@steemcurator01
@steemcurator02
@steemcurator03