Achievement 2 by @nazmul3 - Understanding Steemit Wallet and Security

in hive-172186 •  3 years ago 

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Good morning all. I hope we are all doing well. I've successfully completed the achievement 1 task. I am now trying out the next task which is about on basic security.
I will be answering a few questions and I will as well give a tutorial about this important topic.

Question One
HAVE YOU RETRIVED ALL YOUR KEYS FROM STEEMIT?
Yes I have. I've saved it in a PDF file & printed it. The printed copy is saved in my waredroof.

Question Two
DO YOU KNOW EACH OF THESE KEYS FUNCTIONS AND RETRICTIONS?

Yes I do. Each key is special and serves its own specific purposes.
They are:
Master Password
This is a very powerful key and it is used to generate every other key including the owner key.
Posting key
This key allows you to login into your account and take further actions such as creating posts,commenting, follow and muting other accounts.
Active Key
This key allows you to perform transactions such as transferring of funds to other accounts, powering up or down, converting steem dollars.
Private Owner key
This key is very important and should be used only when necessary because it can change any of this keys listed above.
Memo Key
This key is used for encrypting and decrypting memos when performing transactions such as transferring funds.

Question Three
HOW DO YOU PLAN TO KEEP YOUR MASTER PASSWORD?
I have saved my master password to my PDF and email, which are equally guarded with a Password in other to deny anyone except me access . I also wrote it down in a note book in case anything goes south with the other means I used in protecting it.

Question Four
DO YOU KNOW HOW TO TRANSFER YOUR STEEM TOKEN TO ANOTHER STEEM USER ACCOUNT?

Yes I do and I am also going to demonstrate how.
First, you go to your wallet. Then click on the figure showing how many steem tokens you have. A list of options will appear there, Then click on transfer.

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Once you click it, a box will come out as shown below. Then you type in the name of the user you are transferring to. Then click next.

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It will require you to use a key to confirm the transaction so in this case you will be using your active key. now click OK to continue.

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Question Five
DO YOU KNOW HOW TO POWER UP STEEM?

Yes I do and I will also be demonstrating how.
Still under your wallet, click on steem

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a list of options appear, then you select power up
A box will appear after then you input the amount of steem you want to power up

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Then select power up.
By doing this you have successfully powered up your steem.

Thanks.

Special thanks
@cryptokannon
@sumit71428
@boss75

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Hi @nazmul3,
Hope u r doing well in this great platform. Stay connected, keep steeming.

Follow me here- @hamza212

Very good @nazmul3 for your great post and I hope and I am sure you will qualify for task-2. Welcome to Steemit and You can also join our Steem Tech & Gadgets community.