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RE: Everything you need to know about Steemit's Permission Keys; Posting,Owner,Active,Memo! Digital Passwords with Unique Functionality, that allows you to Securely connect your Steemit Account with Third-party Services

in #steemit6 years ago

@steemitguide and @jerrybanfield important question:
If we use ACTIVE KEY, if someone gains the ACTIVE KEY password, they can transfer funds, correct? And gain access to wallet.
However, they will not be able to get full control of our account, correct? If someone does this we may loose some funds from STEEM , but not STEEM POWER, because we can gain access again with the MASTER PASSWORD or OWNER key, correct?
This will be very helpful to know.

Thanks in advance. @gold84

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Technically, with Active Key you can transfer Funds & Power Down/Up. I would power up most of my funds or use the Saving Features. It's best to monitor account on the daily basis but you can technically change all your Keys if you will there has been unauthorized access to your Account. The only key you should be sharing is Private Key or Active Key (using backed services like SteemConnect)

Thanks for your reply @steemitguide !

I was wondering if you were able to check Chapter 9, of the full steemit guide I created.

Looking forward to your thoughts on that one when you get the chance.

Regards, @gold84