ACHIEVEMENT 2: BASIC SECURITY ON STEEM BY @tonymoltana1 MENTORED BY @cryptokannon

Good day my fellow steemians, hope you are all having a great day. On this post, I would be talking about all the keys and their functions on steemit.

There are five (5) basic keys on steemit that enables you have a safe and functional account, these keys can further be a PUBLIC OR PRIVATE key, the public keys are associated with usernames and are used to encrypt and verify messages while the private keys gives the authorization to signing transactions and other private activities on your account, these five (5) keys include;
-POSTING KEY
-MEMO KEY
-ACTIVE KEY
-OWNER KEY and;
-MASTER PASSWORD

POSTING KEY: This key is used log in my account to post, edit, comment, resteem, follow or mute other accounts. It is meant for daily activities on the platform.
MEMO KEY: The function of this key is to encrypt and decrypt memos when transferring funds.
ACTIVE KEY: This key is used for transferring funds, voting of witnesses, power up/down transaction, placing a market order, updating profile details, converting to steem Dollar and avatar. This is the key used to perform sensitive task on your account.
OWNER KEY: This is regarded as the most powerful of all keys and only used when a necessity arise. It can be used to reset any key of an account including the owner key. It is advisable to backup key offline, because it can be used to recover lost or hacked account.
MASTER PASSWORD: It is used to retrieve my account if I happen to lose my password or owner’s key since my account has a real value. It is gotten at the end of creating an account and it is the most important as it oversees other keys.
KEEPING MY MASTER PASSWORD AND KEYS SAFE
After my account has been created and verified, I backed up my passwords in form of a PDF on my Google drive, my hard drive, email, laptop and wrote them clearly of my diary so I can get easy access to it anywhere and at anytime so as to be certain of not losing any of these keys.

HOW TO TRANSFER MY STEEM TOKEN TO ANOTHER STEEM USER ACCOUNT:

I was taught on how to transfer my steem token to another steem user by @ayomide1110. Below are the processes:
Step 1: first login to my wallet using my username and active key
Step 2: I will click the small arrow facing south beside my steem dollar balance and then select transfer

Step 3: I will input my username first, followed by the username of the recipient, then input the amount then click next and confirm it.
By following the steps , transfer is already made successfully.

HOW TO POWER UP MY STEEM:

Steem power:- This represents my investment in steemit inc. I can transfer this steem power to steem in a process known as POWER DOWN which will typically take 4 weeks. Having more steem power enables me to comment and perform other transactions like posting and my account will gain more influence.

SBD- Steem Backed Dollar:- The steem backed dollar can be traded for steem or transferred to another account.
With these few points of mine, I believe and being confident in the security measures needed for my account on STEEMIT.

With a heartful of gratitude, I want to appreciate everyone for taking out time out of there tight schedule to read, comment and vote this post. I look forward to providing more articles soon. Also I thank @whitestallion @sarkodieeric1 @sarveshnegi2811 @ayomide1110 and @mato445 for there great support on my archievment 1 post.
Warm Regards.

@raphaelcastrop @focusnow @sambee @cryptokannon @aamerasghar1 @booming02 @adamadame @nehakhan778 @rifat46 @raise-me-up @muhammadsameer @trafalgar @hdll3l3l3l3l