Achievement 2/understanding the basic security in steemit blockchain

My appreciation to @cryptokannon and @steemcurator05 and all #steemmians for the privilege to make a post in this community, thanks so much I sincerely acknowledge that.
Notwithstanding in this achievement of the pro-minnow program, I would love to bring to your attention and broaden our understanding on the steem security system.

 THE BASIC SECURITY IN STEEMIT 
 BLOCKCHAIN.

Security in steemit blockchain,it is imperative to understand that Without the knowledge of how the security works on the system, one might lose his/her valuable and it may be painful to such individual, so below is about the keys and its uses in as much as the blockchain is concerned.

Presently, There are about five basic security keys in Steemit blockchain which can be used for different actions on your account and i advised to be kept safe not to be exposed, I think is better you safe them offline or in your Google account manager to avoid total misplacement. Each of those keys has its roles and fundamental functions and this is where I take my direction on. Below is the listed keys and its functions as organized by our experts.

   TYPES OF KEYS AND ITS FUNCTIONS

            POSTING KEY

This key is not too relevant but is it quite important to understand it functionality, It does not require a higher level of security,and it does not give official permission to any operations that is linked to the token in your wallet.

The fundamental  functions:

*Publish/edit a post or comment
*Upvoting or downvoting
*Resteem content
*Follow people
*Mute accounts.

           THE ACTIVE KEY

This key is important an should be guided because it link details on the financial aspect of your account, thus an individual need this key to access your wallet.

        The fundamental  functions 

*Transfer tokens
*Power STEEM up or down
*Editing your profile
*Vote for witnesses
*Place an order on an exchange
*SBD Conversion
*Create a new user.

        OWNERS KEY 

This key serves almost as the masters but it not the masters key,it is also powerful very useful because it can be used to change any other keys on the account, including itself but it cannot be used as master password. You're advised to save this password offline or via Google
account manager, also external disk or flash drive or in printed papers can be a save method
to save it and we only uses it to recover a compromised account.

   The Fundamental  functions 

*Reset Owner, Active, and Posting keys
*Recover your account
*Decline voting rights

         MASTERS PASSWORD

The masters password is the most valuable access password you can't afford to misplace, it is used to unlock all keys on your account, even the owner key that was discussed above. When you sign up for steemit it is the first password that will be given to you to login and access your wallet. This key can be found ,when you have accessed your wallet, you can lose your account If your master password is exposed to any third party site or if someone sees it, they can steal your account and all of the valuable in it. So it is recommended you save this password according to the saving suggestions specified for other keys above,if you eventually loss it you cannot recover it and thereby losing access to your steem account.thats how imperative the key is.
MEMO KEY

The memo key is not frequently used in the steem blockchain for now though has it importance,however it only has two purposes.

     The fundamental  functions.

*Send an encrypted private message
*View an encrypted private message
Conclusion.

NOTE:

I plead and seriously advise you save your master password offline etc, for it is the most powerful of all password.you can only login into your account using the key with the appropriate permissions for what you are doing. If logging in with your posting key, make sure you don't overwrite it. Do not disclose your password or keys with any third party site except you are sure of that site, there are phishing site that has been created to steal peoples credentials, so take note of this, don't fall victim. Always remember, there is no way to recover your account if you lose your master password or owner key!, If your account is stolen you can only recover its ownership and not the funds.
Thanks.
I hope i have brought to your understanding the importance of this keys
Image source:

Blog header by @yohan2on,i red his works and made my.
Blog image from Steemitwallet.com

#achievement2 #crytokannon #steem-greet #blockchain.