Achievement 2 @msdbitco Task : Basic Security on Steem

Hello steemians,

Hope you all are fine and safe . Today i am performing on my achievement task 2. I have read and understand the basic security on steem. And i understand the functions , restrictions , use cases, and conditions of each security keys .
After the steemit registration i got all security keys . Here i am discussing some of the questions in the achievement task 2 . below i am providing detailed explanation about the questions

SECURITY IN BLOCKCHAIN

" Blockchain technology produces a structure of with inherent security qualities . it is based on principle of cryptography , decentralization and consensus, which ensure trust in transactions. "

source : https://www.google.com/search?q=blockchain+security&oq=blockchain+security&aqs=chrome..69i57j69i60.8110j0j1&sourceid=chrome&ie=UTF-8

Security simply means the protection of ownership . it helps the users to keep their privacy and it protect their data, information, documents, digital assets, ....etc from others that means , the user can be only access his data , so it is the protection of data.
Security may be in the form of key, passwords, face recognition, biometric authentication, two factor authentication, numbers....etc. so it will be unique when a user select his password, so security has a important role in the data protection .

1)

YES, i got my keys after the registration on steemit. i got the keys in the form of long alphanumeric format. So it is very safe and secure . Also i got the keys in a pdf files. After getting that pdf , i printed that in to two A4 sheets , and that is safely locked in my locker and the digital file i am saved in my google drive

2)

YEAH, i learned each key's functions and restrictions.

There is mainly 4 types of keys.

• Owner key
• Active key
• Posting key
• Memo key

Posting key

Posting key is a type of key using for post, comment, edit, vote, resteem and follow or mute other account. it is also prevent any of third party for transferring cash from our account.

Active key

Active key is a type of key that is used for monetary transactions such as transferring fund, power up/ down transactions, converting SBD , updating profile and placing orders in to markets. And it is also used for wallet related transactions.

Owner key

It is apart from our master password. It can modify any account key including our owner key. It is a most powerful key.

Memo key

It is used to encrypt or decrypt memos when transferring funds.

3)

YES, i am already done that. because i am created my account before some days ago. i am already saved my master password in offline also. And i saved it in my private google drive , so any body can't access to my master password. I know the consequences if i lost my master password. So i ensure that i do not loose my master password in any way.

4)

YES, i know how to transfer steem to another steem user account. Here i a submitting the tutorial for transfering steem token to another steem user account.

Step 1 : First log in to our steemit account using our username and password. After that we will get our profile, in that profile we can see WALLET button , click the wallet .

After that it will open steemit wallet page. there we can see the wallet informations .

Step 2 : After opening the steemit wallet page ,,there we can see a drop down menu option . click on that

After clicking that drop down menu it will show like this ..

Step 3 : Click on transfer button. After that we will get a page includes From, To Accounts, and also we can see amount box...

Fill up the details that receiver address and click the NEXT button

Step 4 : After that we will get a new sign in page. There we want to put our Active key or owner key or Master password to perform the action .

After putting the key ,,enter to sign in,,,Then the transaction will be Done

5)

Yes, I know how to power up my steem ,,Here i submitting the tutorial how to submit the power up our steem .

Step 1 : To perform the power up ,,first we need to go to wallet that we done before.

In the drop down menu list we can see the power up button . Click on the power up button.

Step 2 : After that we will get a new page like this

• Fill the amount box and and click in the power up button .

After that we will get a confirm transfer to vesting ..click ok to confirm

Step 3 : After that we get a new page for entering the active or owner key or master password to complete the action.

After putting the active key click to sign in button.

Power up DONE
And it will show in your wallet pages.

THANK YOU

The link of my previously verified achievement 1 : https://steemit.com/hive-172186/@msdbitco/introduction-about-myself

BY msdbitco