NEWBIES INITIATIVE TASK 3 - HIVE SECURITY KEYS AND RECOVERY

in #hive-1538503 years ago

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Hello everyone, hope you are all doing good.

Security is important in anything we do, we always want our assets to be save and secure, that's why most of us keep our money in the bank and other valuable properties just for it to be secured.

In a place like Hive Blockchain security is very important, you have to protect your account and your assets that are in it from Intruders.

There are steps and procedure and steps you need to take to guarantee you this security and even when you missed some important information or lost your account, Hive got you covered, you can recover it anytime.

       **HIVE KEYS**

First of all lets discuss the different key in Hive and their function.

These are the keys;

  • Owner Key
  • Master Key
  • Posting Key
  • Memo Key
  • Active Key

Posting Key: This one the important key on the Hive blockchain it is required for making posts, comment and is also use for upvoting and downvoting, following of accounts and to reblog post.

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Active Key: This is another important key, it is use to authorize transactions in the Hive blockchain, like power up or down, HBD conversions, voting for witness, transferring of Hive tokens, etc.

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Owner Key: This is known as the most powerful key on the blockchain, it can be used to reset all other keys and to recover lost account. It can also be used to create another Master key.
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Master Key: This key is used to recover all your password whenever you mistakenly loose your password.

Memo Key: This is the least used key in the blockchain, it just used to send, receive and view private messages.

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How to locate this keys

1 .Open your blog, and click on wallet

Screenshot_20220430-232426.png

2 . Next, you click on Keys and Permission, and you will be taking to a page where you will see your keys.

Screenshot_20220430-232849.png

Now you have known about the Hive Keys and how they function, make sure you keep these keys safe.

ACCOUNT RECOVERY

If there is a situation where your account is lost or hacked it can happen to anybody, there are procedures to follow in order to recover your lost or stolen account.

Follow the steps below.

For you to recover your account it is expected for you to have a Trustee. It is an account which also known as recovery account that is attached to yours and in a situation where you lost your account The Trustee account will be used to recover yours. You can find your Trustee at
https://hiveblocks.com/@usernane

Follow this steps to recover your account;

  1. Click on the link below
    https://reazuliqbal.com/HiveAccountRecovery/
  1. You will be taken to a page as shown in the image below click on Recover Account

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  1. Fill in the required informations in order to generate a new password that will give you a new Owner Key.

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Send the new Owner Key to your Trustee.

Then fill in the required information for the last stage of recovery as shown in the image below

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Then you are good to go.

Hope this post has been really helpful to you

Thank you

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This teaches a lot, well written bro.

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