Hello Everyone in this amazing community,
It's another amazing week in the Newbies Initiatives.
This is week 3, and here is my report for my team, which is team Three in the Newbies initiatives.
As usual we had an Hangout on Discord on Sunday 26th of May 2024, the meeting started at exactly 8pm, my boss @vickoly facilitated the meeting, The topic He spoke on is Hive Security and Guidelines
This is a topic that touches aspects of keeping your hive accounts safe, the meaning of keys, the different types of keys and their uses, he also spoke on the trustees account and many other security tips.
Most of the times people tends to be loose with their accounts and hackers easily get access to their keys, and then probably steal all the money and tokens in the account all out. But with the effective methods of keeping your keys safe, your keys would be well secured.
We have many types of keys:
The Master key : This is the key for generating other keys like your memo, active and posting key.
Active keys: this is the key for authenticating any financial transactions,votes, delegating HP, buying tokens and exchange of hive and hbd.
Owners keys, :
The owner key just like the name implies,Means a key that shows you are the owner of the account, can authorize you and give you power to create another master key, active keys , posting keys and memo keys.
Posting keys:
Posting key is used to post on hive.
Memo keys:
Memo key is basically used to send encrypted messages.
My Team Report
Team members post
@toryfestus --
@yinjuolu --
My Advice to my team
Special Regards
Thank you all for Coming Around 馃グ
Do have a lovely weekend 馃挅