Hello Every body am very delighted to be the same person greeting the same people after introducing my self in my first post on steemit platform.
Today am going to share the knowledge I have gained about the use of different keys about steemit keys I can easily notice that most of us who are new entrants may not know of their functions so this should be noted that like any other social media platform need logging in the same at steemit platform.
The following are the uses for each key,
POSTINGKEY
This key is lower level password used for performing simple simple access such as posting , voting , commenting and following other accounts so this key is used for daily access . However this key cannot be used for transactions it must be kept confidential against hackers who can easily access ones privacy on the steemit platform.
To perform the actions of posting voting, commenting and following other accounts ,the users can click login on the right to top of the page as shown on the above picture . Then use your postingkey to access.
ACTIVEKEY
This type of key gives access to the users to transfer , trade the internal market , control funds and change accounting setting such as vigilant and be sure this key is kept safe and authority in performing financial aspects that are costly for you.
MEMOKEY
The usage of memo key doesn't give benefit now .Basically the key is to encrypt and decrypt private messages sent and received via the users account.
In the future ,it is hoped that the users can make private messaging by using this Memokey
OWNERKEY
This key can be used for necessary uses .
It is the most powerful key because it can change any key of an account .so it meant to be stored offline only used to recover compromised accounts.
MASTERKEY AND DOWNERKEY WHATMAKES THEMDIFFERENT ?
Master key derives or used to generate all other keys including owner key so it must be highly kept in safer place or written down on a piece of paper for future reference so to new entrants this Masterkey must not be used just for any operations.
USE OF STEEMIT WALLET
This should be remembered that not only steemit users not only post but also get rewarded and this can be viewed under steemit Wallet.
So the Wallet holds all finances in form of steem power and steem dollars which are viewed online.
It also allows exchange in form crypto currency and also allows financial transactions all viewed on line since the steem wallet is transperent every body can vividly view if needed by an individual.
WHAT USERS DO ON STEEM WALLET:
1: Convert steem coins to steem dollars , steem power and other crypto currency.
2: Send your steemit coins to other wallet.
3: Just leave the steem coins in the steem wallet for safe keeping.
This is all I can vividly say about steemit security ,keys and their uses I know have not been so right and assistance is highly welcomed .
Special regards to all of my followers and the rest hope to continue to share positivity with every body out there thank you so much people for the support you have extended to me.
MASTERKEY AND DOWNERKEY WHATMAKES THEMDIFFERENT ?
Master key derives or used to generate all other keys including owner key so it must be highly kept in safer place or written down on a piece of paper for future reference so to new entrants this Masterkey must not be used just for any operations.
USE OF STEEMIT WALLET
This should be remembered that not only steemit users not only post but also get rewarded and this can be viewed under steemit Wallet.
So the Wallet holds all finances in form of steem power and steem dollars which are viewed online.
It also allows exchange in form crypto currency and also allows financial transactions all viewed on line since the steem wallet is transperent every body can vividly view if needed by an individual.
WHAT USERS DO ON STEEM WALLET:
1: Convert steem coins to steem dollars , steem power and other crypto currency.
2: Send your steemit coins to other wallet.
3: Just leave the steem coins in the steem wallet for safe keeping.
This is all I can vividly say about steemit security ,keys and their uses I know have not been so right and assistance is highly welcomed .
Special regards to all of my followers and the rest hope to continue to share positivity with every body out there thank you so much people for the support you have extended to me.
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Thanks so much
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You have been curated by @yohan2on, a country representative (Uganda) and a member of the SteemPOD team. We are curating using the steemcurator04 curator account to support steemians in Africa.
Keep creating good content on Steemit.
Always follow @ steemitblog for updates on steemit
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Ok thanks
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You have been upvoted by @yohan2on, a curator and a member of the steemPOD project. We are voting using the steemcurator03 to support newcomers participating in the Newcomers achievement program.
Thanks for responding to achievement task 2: understanding the basic security of a steem account. You may now proceed to other achievement tasks.
Always follow @ steemitblog for updates on steemit.
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