Good explanation. I think a lot of people don't understand the different passwords that you can use on steemit. I always try to use my active/posting password and only use the master as a last resort. The one thing I really like about steemit is that it takes 13 weeks to power down, so even if you get hacked, the attacker can't just transfer your money out right away, and you will have a chance to stop it
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Power down process starts after 1 week and completed in 13 week. So if somehow hacker got the master key, he eventually has full control for 13 weeks also.
Anyways stay safe and thank you so much for the feedback.
Sure, but if a hacker gets access to any of your crypto wallet accounts, your coins are gone in an instant, at least with steemit you have some time to stop the process. Cheers