NEWBIE TASK 3: KEEPING MY ACCOUNT SAFE.

in Hive Learners7 months ago

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Security, we can never over emphasized it, it your girl @Onize27 welcome to my blog on this week on the newbie initiative task 3 we are talking all thing security on the hive blockchain.

As earlier started security can never be over emphasized, the rate of cyber crime is going off the roof on a daily basis as much as security have been talked about people still fall victim, some out of greed and other just simply carelessness.

The hive blockchain had made there web hard to penetrate but regardless there is need to be careful extremely careful.

Highlight the step involved in changing the trustee account (recovery account)to your hive.

The trustee accounts which is also known as the recovery account is owned and in full control of the hiver.

To view ones recovery account, there are three dots that is located beside the setting button when you visit your profile on the peakD front when it tap, it will drop down revealing a list of options to chose from, among this options is the trustee account that is the option needed for the change.

After viewing the options than you pick the account you want to change to, than proceed by filling all the necessary information that is needed.

Note it important that your recovery account is changed to someone you can easily access outside the hive blockchain for the purposes of emergency.

If you invite someone to the hive blockchain and had to give the. A proper explanation of the function of each key write out what your explanation will look like for each key.

Every new account singed on the hive blockchain come with a set of passwords, key so to say, this keys help activates easy, this keys are five in number and each keys has there use and importance, this keys include.

  1. Posting key
  2. Active key
  3. Owner key
  4. Master key
  5. Memo key

POSTING KEY: this key can also be referred to as the engagement key, this key is used for posting, commenting and voting.
Generally this key help engagement between bloggers.

ACTIVE KEY: This key is important for financial related transactions this key is used for exchange, which includes withdrawals and transfers of tokens on the hive blockchain.

OWNER KEY:As the name implies this key help gain access to one’s account it is also used to reset and change keys.

MASTER KEY:This key is an important key of them all. Other keys are as well important but this key stands out. This key can be used, in place of other keys, in an emergency.

MEMO KEY: this key can be used when encrypted messages are sent it is used to decrypt them, it is also used to translate messages, and is the least used key.

Per-adventure your active key get exposed to the general public what are the measures you will take to safeguard your assets and account going forward

On discovery that my active key has been exposed, by either me been careless, or i been Hacked, I would contact my trustee, than have my asset moved to hers as well as Change my active key, and be even more careful this time, Boldto not get a repeat of what had happened.

~~Thanks for reading through ~~

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Good job @onize27

Thank u

You are welcome

 7 months ago  

We are indeed making a huge progress ever since the initiative started and I wish us all good luck.🤞

Thank you

 7 months ago  

U are welcome 🤗

 7 months ago  

Hello @onize27 , you did an awesome Job explaining those term, all the questions was answered correctly,
Our keys are very essential and we should protect them at all cost
Keep it up

😍 thank you

This is a good explanation. 👍

Thank you