Newbies Initiative Task 3: Never be too lax about the security of your hive account

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(Edited)

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Image made by @projectmamabg

Hello hivers

My journey in learning about hive through the newbies initiative has been superb. For the third lesson, we learnt about hive keys and security. I will be writing what I know so far about security on hives. Security is very important and should not be taken lightly, especially concerning our finances. We must always be security conscious, to prevent hackers from stealing our accounts. Each security measures can go a long way in protecting our accounts.


In your opinion, what are the best ways of keeping your keys safe?


I remember around September 2022 when most people's accounts on hive were hacked. And most of the hacked accounts were linked to those who are using google drive, some people lost a lot during the hack. In my opinion, saving your keys in Google Drive is not safe, and neither is saving on the cloud because clouds get hacked too. One of the best ways to save your keys is offline; make a printed copy of your hive keys or you could write them down on paper and store them in a very safe place. Another way is with a trusted person, I recommend you use someone who you are sure about, who wouldn't betray you because people tend to turn to betrayals especially if money is involved. Also, you could save your keys to various encrypted thumb drives, encryption helps keep your keys safe.


How do you check your recovery account and what process is needed to recover an account?


Firstly, when you have no access to your account due to your keys being stolen or your account being hacked, this is when you recover your account. A recovery account is a trustee whom you have set to help you recover your account in case something happens.

To check your recovery account, you go to your blog. Am using the peakd frontend, so I will be showing you how to do a check from Peakd.

The first thing you do is click on your blog,

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then you click on the three buttons beside settings, it will bring out options and then click on the keys & permission

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This will then take you to the recover account page

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Click on the recover account and you would see who is your recovery account

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You can see that @ocdb is set as my recovery account, should anything happens I would be contacting them to recover my account.

To recover an account

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  • then click the recover account

This will take you to the recover account page, and here you have some steps to follow to recover an account.

  • for step one

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  • then step 2

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This particular step is the reason, it is recommended that you use someone you trust very well as your trustee, so a trustee or recovery account should be selected carefully

  • step 3

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The steps above is how to recover an account


Whom did you choose as your account trustee, and why?


As mentioned earlier, @ocdb is my recovery account and this is because @ocdb is one of the most reliable and trusted here on hive, and my keys are safe with them. No account can be recovered through ocdb without going through the proper screening to ascertain the claim over the account, this is one of the reasons I choose them because I know that hackers can not easily recover my account from them. Also, should anything happen to my account, I can contact them through discord.


List the various types of keys and state their use cases.


Hive keys are very important, we can hardly operate on the blockchain without hive keys. We have public keys and private keys. The private keys are keys that can only be seen and used by the owner of the account, while the public keys are keys that can be seen by everyone on the blockchain.

For both public and private keys, we have the following keys

  • master keys
  • active keys
  • posting keys
  • owner keys
  • memo keys
master key

This key is used to derive all my other keys. This key when stolen can be used to steal tokens on hive.

Active key

This key is used for sending tokens, to power up or power down, to vote for witnesses, to convert Hive Dollars, and can also be used to log in to Hive.

posting key

This key is used to post, comment, edit and reblog. For instance to make a post on Peakd you need to put in your posting key and grant permission to Peakd to use your posting key before your post can be published.

Owner key

This key is very important, it can be used to generate new keys even new master keys, can be used to recover an account and can also be used to decline voting rights.

memo key

Memo key is used to send an encrypted message on the blockchain. It is also required when you want to make transactions such as transfers from Binance to hive.


Appreciation


A big thank you to @newbies-hive, @hive-learners and to the newbies-initiative teams @starstrings01, @samostically @theycallmedan and the @aliento for this initiative that awards us the opportunity to learn. Shout out to the queen of engagement herself @hopestylist my amiable team lead for all your support and advice. I also appreciate all my teammates, you guys are the best.



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32 comments
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Well detailed and self explanatory. You have always proof to be the best and I'm happy to share a group with you and also learn from you.
Your article is well explained and I couldn't agree less with you.
Even cloud and google drive can be hacked sometimes which makes printed copy a perfect option.
Best wishes

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Thank you @patakwashj, I won't say am the best, I am just trying my best. Am also glad we are in the same team you guys are the best team mates ever.

Cloud and Google Drive gets hacked these days, one of the best way is to write/print and keep in a safety deposit box with other important documents.

Thanks for your lovely comment, makes my day brighter

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Receive kisses from me oo 😘😘, this is it, nice work dear, it's clear that you read from others and did a really good research, keep it up dear.

The only observation is, the account name samostically was spelt wrongly, just correct that 🥰.

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Receive kisses from me oo 😘😘,

Awnn, thank you team lead 😍😍😍😍. I am happy I did my research, I have learnt a lot about keeping my keys and give account safe.

Thanks for the observation ma, I have made the correction

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Yes dear, I see that you have learned a lot, I'm sure you even know some things more than I do now, because I don't remember the last time I did these things, haha. Keep doing well my dear.

You're welcome dear 🤗

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Yes I, I have learnt a lot

I'm sure you even know some things more than I do now, because I don't remember the last time I did these things

🤣🤣🤣🤣 team lead oo, these things are just small things and can't compare to what you know.

Thank you for always encouraging me, you are the best team lead ever.

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(Edited)

I know they are small things but here on hive the little things matters more you see, hehe. Just keep growing dear, I'm rooting for you 😊👍.

You're welcome dear, thank you too for being a good team member ❤️.

Have a fabulous day ahead dear.

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Another great task done, this is one of the best I've seen so far. You explain everything with so much detail. I'm happy you're part of the initiative

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Thank you @treasure-joshua, I read your post and it was top notch, keep it up. Am happy we are all part of the initiative.

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your post is quite detailed, I like the idea that you take care of your account and help others in it by explaining

!PGM

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Thanks @esteva1820, hackers are everywhere so it is better we protect our hive keys and account and am happy to help others become aware of the need to do this

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Hello there. I hope you’re doing well.

I’ve seen a lot of people say it is advisable to store their keys in google drive. I’m glad you frown against that idea because it makes it easier for hackers that way.

Thanks for sharing.

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Am good @justfavour

Storing keys in goggle drive is not advisable at all, and like you said it make it easy for hackers to hack our account.

Thank you for stopping by

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You finish work again!🙌
A lot People lost their accounts this September? Omo! God abeg🙏.
It's good we have many ways of saving the keys, and it's not advisable for us to just use one..."don't put head in one basket".
I have mine saved in different places in case of trouble

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😁😁😁😁 @kingsleyy

A lot People lost their accounts this September? Omo! God abeg🙏

Yes o, it was not funny at all. We really need to be careful with our keys. Saving it in many places is the best option, only that we must ensure that those places are safe.

Thank you for your lovely comment

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One of the best author's have seen so far on Hive.
Have learned a lot from this wonderful information

With this step-by-step tutorial,I don't think anyone should be a victim of hackers again.

Thank you for imparting knowledge, continue to spread love and be happy always.

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One of the best author's have seen so far on Hive

Thank you for your lovely comment, am just trying my best.

Am glad that you have learnt a lot from this post, and I am happy that my post is helping people.

Thank you for stopping by, your comment brightens my day.

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You are welcome, how has been your day so far??

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This is awesome....I learnt alot from this one beautiful piece and I am happy I bounce here through dreemport. With this information I would love to check my account recovery and who it it that was set as the recoverer.

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Am glad the post was informative and you learnt from it. You should check out you recovery account and know who it is.

Thank you for your lovely comment

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Very Nice write up and explanation on how to secure and recover an account you did an amazing job Dear
Thumps up 👍 💕

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