Hello everyone !!!
For today, I would be talking about the basic security on steemit and I would be explaining the various keys and what these security keys are used for, the keys are the posting key, the active key, the owner key and lastly the memo key.
Security is very important on this program because security protects our privacy and prevents us from harm of other users or nonusers, which I would say we need to be vigilant about that.
I have retrieved my keys and I have saved them on multiple online storage sites and also, I have saved them offline on a drive and on my laptop.
The posting key;
I would like to talk about the posting key first, the posting key allows steemit users to login, post content, resteem, vote on others post, it enables users to edit their post, comment on post, follower other users and also mute users. The more you use the posting key, it is likely to be compromised so there is a limited posting key to restrict the damage that a compromised account key would cause.
The active key;
Secondly, I would be talking about the active key, the active key is basically the key that helps users to transfer funds, for powering up and powering down, voting witnesses, converting steeem dollars, updating profile details and also placing market orders.
The owner key;
The owner key is next to talk about, the owner key is the most important and powerful key, this is because it can change any key of an account including the owner key, it meant to be used when necessary and also it can be used to recover compromised accounts.
The memo key;
Lastly to talk about is the memo key, the memo key is used for encrypting and decrypting memos when transferring funds. To be able to encrypt a memo, the pound/# must be used before it.
The master password is used to obtain all keys including the owner key of an account, when people get access to your master password, they will have access to the other keys, so it is very necessary to keep the master password safe at a secured place. I have decided to keep mine online where you need my fingerprints to get access to it.
How to transfer steem token to another users accounts, Consider the following steps below;
1st click on the avatar icon at the top right corner.
2nd, from the drop down menu click on profile
3rd, click on wallet
4th, click on the arrow showing down beside the highlighted STEEM
5th, click on transfer from the dropdown menu
6th, a menu will appear, fill in the details of the recipient and click on next to confirm
How to power steem
1st, click on the avatar icon at the top right corner
2nd, click on wallet from the dropdown menu
3rd, click on the arrow showing down beside the highlighted STEEM
4th, click on power up from the pop down menu
5th, enter the amount of steem to power up and click on power up to confirm
These explains the basics of steem security.
Thank you
Nice work detailed explanation 👍
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