ACHIEVEMENT2; BASIC SECURITY ON STEEM:

in hive-172186 •  3 years ago  (edited)

ACHIEVEMENT 2POST BY@OBILOM: BASIC SECURITY ON STEEM:

IMG_20211010_114158.jpg

I greet you all specially, I was able to complet my achievement 1 Post few weeks ago, so am delighted to embark on the second achievement.

The importance of my keys can not be overemphasized, an understudy of the four keys has helped me to see the importance of master password, posting key, active key and owners keys.

QUESTION ONE

I have retrieved all my keys which includes master password, posting key, active key, and the memo key.

QUESTIONS TWO

The functions of the keys are all different, I can not trade ok one for another,I will list the functions of each, let me begin with master password.

MASTER PASSWORD

The master password is used to generate the other keys, without it, it will be difficult for me to change the other keys if need be.

ACTIVE KEY

Active key plays a major role in powering up STEEM, it is also used in powering down, without my active key, I can not transfer steem, neither can I vote, active key is also used in updating profile.

OWNER KEY

Even though the owner key May not be called into action every now and then,yet it is very important because I can not recover my account in case of any eventuality.

MEMO KEY

Memo key is used in encrypting that is ( encoding information ) it is also used in decrypting, meaning (. changing information )

QUESTION THREE,

I will save my master password on my private memory card, or my flash drive, or as message in my phone with secret pin.

QUESTION FOUR

Below is a picture procedure of how I can transfer steem from my account to another user account.

•Go to wallet

•Click on Steem

•Select transfer

•Enter the username of the receiver and amount
•Complete transaction with active key
iMarkup_20211010_163054.jpg

QUESTION FIVE

Below is how to power up steem.
•Go to wallet

•Click on Steem

•Click on Power up

•Enter the amount of steem to want to Power up

•Click on Power up

•Enter active key to complete the transaction

iMarkup_20211010_162302.jpg

CONCLUSION

I have known that my keys are not to be toiled with,they should be securely secured, I have also learnt how to power up and power down,as well as how to transfer steem.

Cc:@ngoenyi

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I am delighted to inform you that you have completed achievement 2 task. You have shown good understanding of security on Steemit. Try to keep your keys safe. You can now proceed with achievement 3 @obilom

Thanks for the compliment.

Hi, @obilom,

Your post has been supported by @focusnow from the Steem Greeter Team.

Thanks for your support.