Good morning steemians. It's a pleasure writing my Achievement 2 after completing my Achievement 1 task. Thanks to @ngoenyi who verified me and thanks to @steem-history and the rest who welcomed me dearly and encouraged me to join their community. Achievement 2 task is basically on security in steemit and how we can use those five permission keys effectively.
In the course of this task, I'll answer the question as to how one can transfer liquid steem to another user, how he can power up his liquid steem to his savings, and the functions of those permission keys. What is security?
Security
Security is the act or measures taken by official bodies, members of a community and others to protect what rightfully belong to them from unauthorized users or access. Steemit as a whole is a platform that has encryption keys to protect the account of its members from unauthorized users. Steemit has five permission keys which are;
- Master
- Active
- Posting
- Owner
- Memo key
Master key
This is the key that is master of all keys which controls other keys. If lost, the account is rendered useless.
Posting Key
We make use of this key to create quality content, upvote, downvote, commenting on post then when we want to perform transactions, it is the posting key that will help us access your wallet.
Active key
The private active key is a very important key and is mostly use in the transactions like transferring liquid steem and powering it up.
Owner key
We make use of the owner key in changing other key if they owner of the account want to.
Memo keys
The memo key is a key that is used to encrypt and decrypt memos.
QUESTION 1
Have you retrieved all your keys on steemit?
All my keys were actually retrieved and was being saved by me using Google drive.
QUESTION 2
Do you know each of the keys functions and restrictions?
Yes, I did and am always keeping it safe to protect my account. It is also stated above.
Question 3
How do you plan to keep your master password?
I will be saving my master key secretly because with it you other keys can be gotten.
QUESTION 4
Do I know how to transfer my steem token to another steem user account?
YES
- Step 1
Enter your steemitwallet account with the help of posting key as already stated
- Step 2
In this step you will click on the drop down arrow to proceed and see option.
- Step 3
Fill the details of the person receiving and amount with memo
- Step 4
The last thing you do is to put your private key and click ok.
QUESTION 5
Do I know how to power up my steem?
- Step 1
Enter into your steemit wallet account with your posting key
- Step 2
Click on the drop down arrow to see options and select the one you need which is power up.
- Step 3
Put the amount you will love to power up snd and memo
- Step 4
Conclude by putting your private active key
and click ok.
Achievement 1 link: link
Cc,
@cryptokannon
@ngoenyi
@steem-travelers
I hope I'll be verified
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Congratulations!
You have successfully completed this achievement task, you can now proceed to complete the next achievement task at your own convenience. Learn more
Good luck
Rate 2
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Hi, @ukisong,
Your post has been supported by @lovveday from the Steem Greeter Team.
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Welcome dear
welcome to steemit continue to post your achievement using this guides
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You can check out our new community, where quality post must be upvoted before the expire, and give aways will be done monthly
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