The transparency of Steemit is the only way it will work There are virtually no rules here, being able to see what you do is how your fellow steemers can know whether or not to do business with you. The upside far outweighs any downside. Not to mention, the transparency also means that every single tip request, comment, and tag are also visible, where would a thief hide their take? No, transparency is not a threat to security, it is a boon to it.
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Very good comment, I agree with you..your comment shows the other side of the story which I did not touch ie transparency . Thanks for your comment.