Do not share your private keys with anyone

in #hive-1679222 days ago

Hive blockchain is a secure place where you do all the transactions on the chain with the help of your private keys. There are two types of keys, namely private keys and public keys. These keys are created when you create your account on the chain. There is a master password that governs all these additional keys. Keeping the private keys safe is very important. Public keys are public and it can be shared with anyone but private keys should not be shared with anyone. Especially the active keys and owner keys should not be shared with anyone.

For anyone getting started on Hive, it can be slightly confusing to understand the different sets of keys we have on Hive. Even some of the experienced members don't know about the keys completely. It is easy to understand these keys as passwords but they are not. For those who don't have a full idea about private keys, I recommend reading some articles to understand and even if it is still not clear, there is no harm in asking a senior member who understands private keys well.

Source

Provide authority instead of providing keys

We have a facility on the chain where we can grant authority permission to someone. If you need to share your account permission with others, it can be done with the help of providing authorities instead of giving the private keys directly to them. With the help of account authorities, people can impersonate and do the required tasks. The main advantage of sharing it this way is to just revoke the permissions instead of changing the keys every time. If we don't want to continue providing access to someone, we can revoke the key permissions at any time.

This is one of the best features we have on the Hive blockchain. The reason is that we don't have the need to keep changing the keys regularly and keeping them safe. There shouldn't be a need to provide anyone with access or keep changing the access to someone but even if that happens, it is good to just provide authority permission instead of sharing the key directly.

When we are writing bots on Hive to automate some tasks, the private keys might be required. In some cases, there can be a necessity to work with multiple accounts. Even in that case, it is sufficient to have just one key in the environment file or config file. The remaining accounts that are being used by the bot can have the authority provided to the primary account so that handling keys becomes easier.


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Thanks for sharing

Every now and then we should really talk about these things. In fact, for us veterans it should be a duty to warn young users. Excellent post. !WINE

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Recently, not far, just two days ago, I found out that my downline's account was hacked and the person powered down the HP and cart away with it. Who did she give her keys to? She said none.
Well, I don't know how hackers get to do that but people, especially newbies should be very careful on how to go about their keys. Yes, they should always ask questions.

The Hive authorities do not want the private keys, so if someone asks for the keys from someone, they should be considered an account thief.

The essence of private keys are very important
It should never be underrated
Thanks for sharing

It is not rocket science when one is instructed to safeguard his or her crypto keys.

Emphasizing the importance of keeping private keys secure while utilizing authority permissions for shared access is a smart strategy. This not only enhances security but also streamlines operations for those automating tasks.