Hello Steemians✋✋✋ having being completed my
achievement one and got verified last week... here comes the achievement two on basic security on steemit Blockchain.. first and foremost what is security?
Answer; according to wiktionary a mobile app dictionary “Security is the condition of not being threatened, physically, spiritually, emotionally and financially”
what is basic security in steemit context?
Answer: basic security on the steemit context is actually the protection of valuable assets on the steemit Blockchain from cyber attacks..the steemit's Blockchain security is designed as a caricature of our traditional banks Credit and Debited card with encrypted code at the back.... every steemian accounts on the steemit Blockchain has a kind of keys which are Public and Private posting key, Public and private Memo key, Public and Private owner's key and the Tron key..
having get myself acquaintance with the various keys and their functions on the steemit Blockchain I would like give a summary of the functions of various keys on the steemit Blockchain and how to perform transactions on your steemit wallet.
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Posting key
the steemits postings keys consist of a public and a private posting keys
Functions
- It's used for publishing a post
- editing post, comments and also for replying comments
- Upvote and downvote
- Follow,unfollow,Mute and Unmute account.
Active key
they are both private and public keys on the steemit Blockchain they are used to perform myriads function synonymous to master key.
Functions
Executing monetary related activities such as transfer of Token
for powering up and down of steemit coin
for the conversion of Steem Dollars
Witnesses voting.
Owner's key
the owners key also comprises a private and public keys.
they are the most important key on the steemit Blockchain.
they can be used to change owner of an account, and keys.
Functions
they can be used to retrieve a lost account
they can be used to change the ownership of an account
they're used for declining voting right.
Memo key
they also compose of private and public key just like the other keys on the steemit Blockchain.
it's designed for sending encrypted and receiving encrypted messages on the Blockchain.
Functions
- sending encrypted messages
- receiving encrypted messages
Tron key
it's composed of private and public keys just like other keys on the steemit Blockchain.
it's used for performing money related transactions on the Tron Blockchain.
Functions
- To transfer Tron token
- To explore Tron Blockchain.
How to transfer token on my steemit account to other users account on steemit.
Login to your steemit users account go to the top right corner of your profile, click on that circle showing your profile pics then a drop-down menu box will display navigate through the drop-down box click on the wallet then you'll be redirected to another page which shows your wallet then click on Steem; a drop-down menu box will Pop up then click on transfer steem you'll be redirected to another page (again just like as you're directed from your profile to your wallet ) there you'll be ask to fill up some details like the username of your user's account you're transferring to and your memo key.
How To Power Down
Login to your steemit users account go to top right corner of your screen then click on your picture. A drop-down menu box will display, scrow down and click on the wallet then you'll be redirected to another page where you'll see steem, click on the steem a drop-down menu box will also display showing power down and power up. click power down then you'll be redirected to another page which requested of you to fill the amount of steem you'll like to power down and also login with your master key or active private key to initiate the transactions...
