Hello Steemians, Hope you all are well & me also well. Today I am writing my 2nd achievement.
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Here I including step by step answers about Security on STEEM.
Question 1: Have you retrieved all your keys on steemit?
Yes, I have retrieved all my keys on steemit. Cause, keys are very important. I've also saved them on my google drive. Also print it & kept safely.
Question 2: Do you know each of these key functions and restrictions?
Yes, I know each of these key functions and restrictions. I've learned from my steemian friends and also from the posts of some communities. There are four important keys that are:
Posting Key:
If you log in to steemit.com by using a private posting key then you could make posts, comments, vote up or down & also edit them. An active user has to use this private posting key every day. If you use same browser then you could save password.
Memo Key:
The memo key is used for decrypting memos when transferring funds. The memo key should be kept secret. So, we use this / # sign to keep it secret. It's important.
Active Key:
The active key is used for monetary and wallet related actions. In a word, it is used in transactions. When you transact then it will need.
Owner Key:
If you want to reset all the other keys then you have to use the owner key. It should be kept offline at all times. It's very secret.
Question 3: How do you plan to keep your master password?
I've saved my master password both online and offline. Because this key is the only way to derive all the other keys. Nobody should lose this password. So, I save it in my drive.
Question 4: Do you know how to transfer your steem token to another steem user account?
Yes, I know that how to transfer. By using the active key I can transfer my steem tokens to another steem user account.
Step 1
I have to log in to my Steemit Wallet using my Private Active Key.
Step 2
Then I have to click on the small arrow beside the Steem dollar balance and then select transfer.
Step 3
After that I have to fill up the details of the &receiver's username, amount to be transferred & memo. Then by clicking the next button the process will be completed.
Question 5: Do you know how to power up your STEEM?
Yes, I have learned the process. Powering Up means Converting Steem to SP.
Powering Up process:
I. Have to log in using Private Active Key.
II. Then I have to click on the Power Up button near Steem option.
III. By clicking the Power Up button, it will complete the powering up.
I have answered to the following questions of achievement 2 by my knowledge. If anything wrong, please let me know because I'm a newbie & want to improve my skills. Thanks to all steem friends.
curator note: 3
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