TASK:Basic security on steem
Question 1:HAVE YOU RETRIEVED ALL YOUR KEYS FROM STEEMIT?
Yes I have retrieved all the nesessary keys needed, upon sign up.
Question 2: DO YOU KNOW EACH OF THESE KEY FUNCTIONS AND RESTRICTIONS?
Yes I understand and know the functions and restrictions of each keys.
The master password :This is the key you get upon sign up. It's the most important key, used to generate all other keys including the owner key. It's only nesessary only when you want to recover an account. Therefore it's sacrosanct to guard and protect your master key.
The posting key :The posting key allows account to post, comment, vote, resteem, edit, follow or mute other accounts. Most of the time it's used to log into your account.
The Active key :This key is used for more sensitive activities ranging from transfer of funds to another account to power up or down of transactions, converting steem dollars, updating profile details and avatar, voting for witness and placing Market order.
The owner key :its one of the most important key that can be used to recover a compromised account and as such should be stored offline. It can also be used to change any key of an account.
Memo key :This key is used to decrypt memo when transferring funds. To encrypt a memo while transferring funds use a pound or # sign befor it.
Question 3:HOW DO YOU PLAN TO KEEP YOUR MASTER PASSWORD?
TO Safeguard my master password I've decided to copy and save it to my Google account as well as have a digital offline storage for it, using my flash drive. In addition I've a printed copy of it kept where I alone have access to it.
Question 4:DO YOU KNOW HOW TO TRANSFER YOUR STEEM TOKEN TO ANOTHER STEEM USER ACCOUNT?
Yes I understand and know how to transfer my steem token to another steem user account using my ACTIVE KEY.
Note:it's important to know that if you loose your password it cannot be recovered. Therefore it's recommended that you have an offline storage of your master password to ensure safety.
Question 5:DO YOU KNOW HOW TO POWER UP YOUR STEEM :
Yes I have studied and understood the process of powering up your steem after reading the article by@kiwiscanfly on understanding your steemit wallet and powering up.
Here are images to guide you on how to power up your steem-photo credits to @kiwiscanfly
#achievement2 #nwakanwa
#cryptokannon #kiwiscanfly #nigeria #steemexclusive
Hi, nice attempt on the achievement 2 task.
I suggest you try these steps yourself and provide proof of knowledge.
Kindly reply to this comment when you are done.
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