With the understanding I got, I proceed to the writing of achievement 2 as a newbie.
If am to say I think the achievement 2 is very essential though I have not gone through the other task,
Why do I say so?
Achievement 2 enables you know how important it is to secure your account,
My account is one of the things that guarantees my relevance here on STEEMIT and that is where my efforts are been recorded, so any attempt or mistake of disclosing or loosing any of the keys especially my master password or owner key is totally detrimental to my account and it makes my efforts worthless.
I have gotten my keys with the help of my mentor @focusnow who took his time to educate us in how to get our keys and also their uses and I was also able to copy them to my memo for easy access.
I want to highlight the uses if these keys in the different areas they are needed and that will enable me provide answers tho the questions listed by the mentor @cryptokannon.
Question 1
Have you retrieved all your keys in STEEMIT?
Yes I have retrieved all my keys with the help of @dlioness that moment after my account was created.
Question 2
Do you know each of these keys functions and restrictions?
Yes, there are four different keys issued and there are different permission to each, I know their functions and restriction and they are:
- my posting key: this particular key is used for social networking actions, like posting, commenting and voting. This key has a limited set of permissions and can't be used for monetary actions. So money can not be loosed if someone else gets access to this key. But that does not mean you should not keep it safe.
- posting key permission;
My posting key enables the following:
Publishing a post or comment
Edit a post or comment
Upvote or downvote
Resteem content
Follow people
Mute accounts
- Active key
This key has additional permission for more sensitive monetary-related actions, like transferring and exchanging tokens.
If someone else gains access to this key then the person can take all the tokens so its advisable that the keys be kept safe.
- active key permission
Active key is used to:
Power steem up or down
SBD conversion
Vote for witnesses
Place an order on an exchange
Certain profile changes
Publish a witness price feed
Create a new user.
- Owner key
The owner key is expected to Change the other keys this key has additional permission to recorver your account or change your other keys, it's the most important key and should be secured and saved offline.
- Owner key permission
Owner key is used to:
Reset owner,active and posting key
Recover your account
Decline voting rights
- Memo key
The memo key is mainly use to encrypt and decrypt private messages that are sent through the block chain and its not always used.
- memo key permission
The memo key is used to:
Send an encrypted message
View an encrypted message
Question 3
How I plan to keep my master password?
I was able to copy it out and saved it offline where it can be safe and I alone have access to it.
Question 4
Do you know how to transfer your steam token to another Steen user's account?
Yes I do, the transfer can be done using the active key and with the help of the tutorials held by @kiwiscanfly which made it clear on how one can understand his or her STEEMIT wallet.
Question 5
Do you know how to power up your steem?
Yes I do know how to power up, I have come to understand that steem can be powered up to continue building a steem power, the lesson was very easy to understand.
Thanks to @kiwiscanfly, for taking time to explain in full details you are indeed good and thanks to @cryptokannon for your efforts in bringing this achievements it has really helped me. Now I have a better understanding.
Here is the link to my achievement 1 as stateted in the instructions
https://steemit.com/hive-172186/@uchepromise/achievement-1-task-my-introduction-post-to-steemit-by-uchepromise-mentored-by-crytokannon
Respect to
Wow what a great post,it seems you did a lot of research on steemit security before making this post.Thats very good.
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Thank you very much
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Achievement 2 is all about security.
And it's very essential for the protection of our funds there in
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Hi @uchepromise,
Congratulations on completing your Achievement 2 post on Basic Security on Steem.
I believe you have known the importance of the keys and the need to keep them safe.
Do you really know how to Power up??
Best Regards!!!
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Yes i do
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