Hello everyone, welcome to my today's post. Today I will be fulfilling my achievement task 2 being basic understanding on steemit security system.

It is recommended that every system, financial or any organization should secure their projects because any key or password is liable to be bind, so in this blockchain. Every account has its own password which is the most vital thing.

If you eventually compromise or disclose it to any third party website, then you will have to have it in mind that your acquired tokens (STEEM, SBD, & SP) will be stolen and you will have yourself to be blamed.

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Steemit platforms has 4 different passwords that is been used on different operations. Below I will explain how they work.

Posting key

Posting key is the key that allows you to carry out activities like: Posting, commenting and voting. If you're thinking that you can use this key for monetary actions, then you are making a mistake. This keys also allows you to login to steemit related platforms and steemit itself. And you're advised to store it carefully, ideally offline. Now let's talk about the posting key.

Functions of Posting key.
Below are the list of task that posting key can carry out.

It is use to Edit posts and comments
It is used to publish post and also commenting.
You can also use it to follow other account
Muting of post.
you can also use it to upvote and down vote other publications

Active key

Active key is another special key. Its allows you to perform financial related actions on your wallet. It is very important among all other keys because its the gate to your tokens. If lost it can't be retrieved. Yo are advised to keep it save.

Functions of active key
It can be use to transfer tokens to other account
It is Used to power up or power down steem
it is also used to place other in the steem internal market
Also to Vote for witnesses.

Owner Key

Owner key has great potential to the other keys. With owner key, you can use it to recover a lost account also use it to request for another posting and active keys.

Function of Owner key includes
You can use this key to decline voting rights.
You can use it to recover your account
It is used to reset Active and posting keys

Memo key

memo key functions are just to decrypt and encrypt messages around the blockchain.

Question 1

Have you receive all your keys in steemit? Yes, I received all from the first day I signed up to platform.

Question 2

Do you know each of these key functions and restrictions? After studying the four of them I could now tell that I know their functions and how they operates

Question 3

How do you plan to keep your master password?
saving it offline either writing it on a paper or saving it in a flash drive, but for me I choose to store safety on my notepad

Question 4

Do you know how to power up your STEEM? Yes! I took time to study my wallet and all it comprise and also with @gracellagift helps i am able to power up my steem
See the process below

First you will visit your wallet,where you have your liquid steem click

After clicking, A drop down menu will show that has;
Transfer
Transfer to savings
Market
Power up

click on power up, once clicked you will be taken to a page where you will be asked to input the number of steem you wish to power up. Compare the images below.

As you can see from the image, you will input the amount of liquid steem that you want to power up, after that you can now click on power up button and it will power up.

Question 5

Do you know how to transfer your steem token to another steem user account?
Yes I know how to transfer steem tokens to I to other account. on this aspect, to transfer steem token to another account, below are the steps

first step

Visit your steem wallet like the previous procedure and click on any of the tokens that you wish to transfer, it can be SBD or Liquid Steem. Once clicked a drop down menu will display

Click on transfer and the next step is shown below.

second step:

Once you click the transfer a page will popup

fill out the details, Then click on send, you will be asked to put your password to finalize the transaction. Remember to put your active key

This is my fulfilment to my achivement 2 task.Thanks for reading,

Much love
Best regards