Welcome Steemians!

^Source

Following the requirements mentioned in this informative guide on Achievement 2, I have prepared answers to each question. Let us go through them one by one.

Questionnaire

1. Have you retrieved all your keys on steemit?

Yes, I retrieved the PDF form containing all my keys and retrieved them in printed form as well.

2. Do you know each of these key functions and restrictions?

Each key has its purpose in your steemit account. All of them come with their own rules and/or restrictions. The more you use a key, the more likely it is that it will be compromised. Therefore the more powerful keys should be used sparingly. The keys, in order of most powerful to least, are as follows: Master Key -> Owner Key -> Active Key -> Posting Key. There is also a memo key and public keys.

Master Key
As the name suggests, the master key is the most valuable key on your steemit account. It is used to generate all other keys for your account and therefore, your whole account is vulnerable if this key is compromised, as the master key also generates the Owner key. Protect the master key at all costs. Save it in physical form as well.

Owner Key
The owner key is used in circumstances where you might need to change the other keys of your steemit account. It is the most powerful key since anyone with access to it can change all other passwords and lock you out of your account. A physical copy should be kept safe.

Active Key
This key is used to make transactions and transfers. Such as trading SBD for Steem in the marketplace, powering up (or down) your SP, making orders in the market. Other than that, the active key is also used to change your profile details and display picture. As well as to vote for witnesses.

Posting Key
This key is one you will be using the most. As it is used to perform daily tasks on steemit. These include posting articles, editing them, commenting on others and your posts, voting up or down posts and comments, follow and/or mute others, etc. The posting key is the one you should use when logging into steemit every day, rather than more powerful ones as to not increase the chances of those being stolen.

Memo Key
The memo key is used for encryption and decryption. Memos need to be encrypted when transferring funds and this key is utilized there. The "#" sign is put to encrypt a memo with this key.

3. How do you plan to keep your master password?

I have kept the PDF file containing the master password on the SSD drive on my laptop, as well as on my SD card. I have backed it up on OneDrive as well for cloud storage. Furthermore, I have made a print-out of the PDF file and kept the physical form safe for retrieval in case I lose access to my digital data.

4. Do you know how to transfer your steem token to another steem user account?

Following are the steps I take to transfer my steem tokens to another user.

Step 1: Go to your Profile page and click on the Wallet tab on the right.

Step 2: In the new tab that opens, click the little arrow to open the dropdown menu.

Step 3: Click on "Transfer" in the dropdown menu.

Step 4: A pop-up will appear. Enter the account name of the steemit user you want to transfer funds to, the transfer amount, and a public memo. Then click "Next".

5. Do you know how to power up your STEEM?

After reading kiwiscanfly's informative guide on how to power up steem. I have learnt how to do so. Let me show you how.

Step 1: Go to your Profile page and click on the Wallet tab on the right.

Step 2: In the new tab that opens, click the little arrow to open the dropdown menu.

Step 3: Click on "Power Up" in the dropdown menu.

Step 4: A pop-up will appear. Enter the amount of STEEM you want to convert into SP. Then click "Power Up".