HOW TO USE AND SECURE YOUR STEEMIT PASSWORDS

connie1018 (50) in steemiteducation • 7 years ago (edited)

How do you normally log into your steemit account? I know that most newbie including myself will answer “Keying in that complicated 52 characters master password” that was generated to you when you first register your steem account.

If you’ve been logging into your steemit account using the Master Password, I’m sorry to tell you that you are actually doing it wrong!! As a newbie, I myself have been using the Master Password until yesterday morning. Nobody have told me that every steemian actually have other passwords.. yes you read it right, PASSWORDS and these passwords have their own functions. Thanks to @maverickfoo for highlighting about Steemit Keys/Passwords management during our first day of Steemit Masterclass in KK.

Every Steemit user is given 4 types of keys and you can find them in these few steps:

Log into your steemit account by using your Master Password/Key.
Click on your profile picture on the top right corner of the page and go to your "wallet"

From the Wallet Section, you will find three sub-sections that includes; Balances, Permissions and Password.
Click on sub-section "Permissions" and you should be able to see QR codes and the public keys. These are the keys that I am talking about.

Types of keys and when to use them:

Posting Key:

Use this key to do all basic actions such as submitting posts, upvoting and downvoting other posts, commenting and replying posts, following and unfollow users, and claiming rewards. You should always use this key to log in to your steemit account.

It is highly recommended that you sign in to your steemit account with your posting “private” key. Click on the “Show Private Key” Button and the private key normally starts with 5Kxxxx (52 characters).

Click on the buttons as shown in red box to show the "private" key

See the instant changes on the characters

Active Key:

Use this key ONLY when you need to confirm financial transaction or trades and to change user settings such as; transferring steem or sbd out of your account and into your savings, changing your profile picture and powering up and down steem.

Owner Key:

This is your master key (that you got when you first signed up), the most important and highest privileged key as it literally gives full control over your account. It is meant to be used only if necessary or otherwise it should be kept somewhere that nobody knows and safeguarded against loss.

Memo Key:

Use this key to handle private messages and encrypted transaction memos. Based on my reading from other sources, this key doesn’t really do anything just yet so it can be ignored for the time being.

Securing your passwords

Keeping and securing your steemit keys/password is very important. Secure all your password especially the owner key somewhere no one will find it.

Image Source

The easiest way to secure your keys/passwords is to remove it from all electronic devices. Write the passwords on a piece of paper, laminate it and put them into your safe box.

You may also use LASTPASS password management service to secure your passwords in private account.

LastPass is a freemium password management service that stores encrypted passwords in private accounts. LastPass is standard with a web interface, but also includes plugins for many web browsers and apps for many smartphones.

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Important Notes:

Treat your Steemit Keys just like your ATM Pin or Credit Card Pin. Do not share your keys/passwords with others and do not send your password through email.
If you have accidentally revealed or disclosed any of your keys, go to your "password" page and change your owner key as soon as possible. This action will automatically change all other 3 keys and you need to record these new keys/passwords from the "permission page"
Most importantly, Do Not Lose Your Owner Key! Your steemit account involves money, so the last thing you want is losing this Key/Password to hackers and give them full control of your account, change everything in your account & restrict you from accessing your funds.

If you have yet to use your posting key to log into your steemit account, please do so immediately and again, DO NOT LOSE YOUR OWNER KEY!

Xoxo,
@connie1018

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7 years ago by connie1018 (50)

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munawar1235 (67) · 7 years ago

Great post @connie1018. Steemit account security is very crucial because it has your hard earned money.

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2 votes

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connie1018 (50) · 7 years ago

Thank you @munawar1235. Couldn't agree more, just imagine you lost your password and you can't do anything with the money inside your account.. nightmare!

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freedomno1 (55) · 7 years ago

When you do the setup with mobile It logs you in with a master so I completely get what you mean by using the posting key to sign in thanks for the educational post.

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connie1018 (50) · 7 years ago

Most welcome @freedomno1. Glad that you find this post informative.

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maverickfoo (67) · 7 years ago

Thanks for the good write up. Great educational piece for all new Steemians.

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connie1018 (50) · 7 years ago

Thanks to you @maverickfoo for highlighting this important information to us during the masterclass. I hope by sharing this write up, new steemias will be able to know how/when to use the 4 keys/passwords.

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williamsyee (52) · 7 years ago

Thank you for the great post @connie1018! Now I need to re-manage my steemit password for different purposes! One thing that I'm interested to know which is LastPass, since they provide free account and to what extent it really safe to use? Will it easily targeted by hackers? Currently, web browser like Chrome and Safari have their own saved password feature as well. Will LastPass team as good as Chrome / Safari team?
What is the reason you choose LastPass?

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connie1018 (50) · 7 years ago

LastPass stores all your passwords in the cloud, and all your passwords are protected with AES-256 bit encryption. This means that even if LastPass is hacked, your passwords will remain inaccessible to hackers. Of course, you can also create a backup of your passwords and store it on your computer or any other device.

For further info: https://www.google.com/amp/s/windowsreport.com/google-smart-lock-vs-lastpass/amp/

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williamsyee (52) · 7 years ago

Cool! Thanks for link! :)

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mrbong (41) · 7 years ago

Thank you. Really helpful.

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connie1018 (50) · 7 years ago

Most welcome @mrbong. Glad you found this post helpful!

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cyrilovie (47) · 7 years ago

thanks for sharing @connie1018

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connie1018 (50) · 7 years ago

Most welcome @cyrilovie.

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cathmot (50) · 7 years ago

Great write up and informations are all clear. I was same as you using the same password for all transactions. By the way your blog look superb! Kemas ni...

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connie1018 (50) · 7 years ago

Thank you @cathmot!

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wolfhart (63) · 7 years ago

Thanks ! did not know this and will change my password usage ...great stuff

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connie1018 (50) · 7 years ago

Most welcome. I myself didn't know about this until 2 days ago. Glad that you find this post helpful.

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wolfhart (63) · 7 years ago

this is my 1st week and finding info is hard. this is a new arena for me. security is a big deal. got into crypto 2 months ago and liked what I read about Steem so here I am. Thanks for the response.

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darrenting (39) · 7 years ago

Great step by step tutorial @connie1018.

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connie1018 (50) · 7 years ago

Thanks @darrenting. Hope this write up can assist other new steemians like us to use the right key!

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endiong (35) · 7 years ago

This is really educating and commendable

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connie1018 (50) · 7 years ago

Thanks @endiong. Hope this write up can help new steemians to use and secure their passwords.

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steemitboard (66) · 7 years ago

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jrvacation (68) · 7 years ago

Thanks for the info!
This definitely deserve an upvote and resteem.
Done! :)

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connie1018 (50) · 7 years ago

Thank you @jrvacation!

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wilsonkoh (62) · 7 years ago

Very neat and clear information @connie1018. Malu sia post sia punya. 😂. Very very useful information.

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veenang (65) · 7 years ago

Lol ... same here bro .. sya tinguk balik sya punya.. matai 😩😩😩... ndak jadi post.. i post other things..

But great write up lah @connie1018 , its very detail + steps!!!

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connie1018 (50) · 7 years ago

Post saja @veenang. Who knows other people finds your write up is more interesting than mine..

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veenang (65) · 7 years ago (edited)

I learn 1 thing today ... dont go read other people post dlu if wan to post same thing ... cepat2 post .. coz it will degrade the u gonna post .. lol 😂.. thats when i browse around to read yours!!!😝😝😝

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kulasago (47) · 7 years ago

Hahahaha..

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connie1018 (50) · 7 years ago

Thank you @wilsonkoh. Your posts gave clear information too.. kita baru mau belajar tu skill bah..lama2 ok tu.. hehehe

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kulasago (47) · 7 years ago

Thanks for sharing this back @connie1018. Gonna resteem this. Easy to understand for all newbie. @mystiquemolly @lionel87 @ericha.sue @halso FYI too

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connie1018 (50) · 7 years ago

Glad that you find this post helpful. And thanks for sharing this to other newbies.. I'm pretty sure that they are like us too.. using owner key to log into their acct.