I had similar reactions when clicking on "Permissions". It wouldn't hurt to have a description next to each one of these so that we can understand what they are for. Then things got even more complicated after I changed my password and it was showing something else (hashes?) instead of what I entered. I was thinking "what the...?".
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Everything within Steemit's platform is still being integrated and debugged. Hash is a number generated through a string of text.
http://www.thefreedictionary.com/hash