Achievement 2 @anwarullah01 : Basic Security on Steem
Assalam-o-Alaikum Steem Community!
I hope you are all doing well. I am excited to share my Achievement 2 post, which covers Basic Security on Steem. In this guide we will learn about the different types of keys and how to use them effectively.
Now, I will answer all the required questions:
1. Have you collected all your Keys on Steemit?
Answer:
Yes, I have retrieved all my keys in PDF format and saved them securely.
2. Do you know the main functions and limitations of each of these keys?
Answer:
Yes, I am well aware of the different keys used in the Steem blockchain and their specific roles. These keys include:
Posting Key:
Used for social interactions such as posting, commenting, voting, and resteeming.
Active Key:
Required for sensitive financial operations like transferring funds, powering up/down, and converting STEEM/SBD.
Owner Key:
The master key with full control over the account. It should be kept highly secure and used only when necessary.
Memo Key:
Used for encrypting and decrypting memos during transactions.
3. How do you plan to keep your master password?
Answer:
To ensure the security of my Steem keys, I follow a multi-layered backup strategy. I store encrypted copies in Google Drive and secure note-keeping apps. I also keep a backup on an encrypted USB drive stored in a safe, along with a handwritten copy as a last-resort recovery option.
4. Do you know how to transfer your STEEM tokens to another Steem user account?
Answer:
Yes, I know how to transfer STEEM tokens. Here’s a step-by-step guide:
Log in to your Steemit wallet.
Click the dropdown menu next to your STEEM balance.
Select Transfer.
Enter the recipient’s exact username.
Specify the amount and add an optional memo.
Review all details and confirm the transaction.
After completing these steps, authorize the transaction using your active key, and the funds will be transferred.
5. Do you know how to power up your STEEM?
####Answer:
Yes, I know how to power up STEEM. Here’s a step-by-step tutorial:
- Go to your wallet and locate your STEEM balance.
- Click the dropdown menu and select Power Up.
- Enter the amount you wish to convert.
- Review the estimated Steem Power (SP) you will receive.
- Confirm the transaction.
