STEEM Blockchain Privacy

Greeting my Steemian friends, It's a pleasure to participate in this week's engagement challenge, read on


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How does the STEEM blockchain incorporate privacy features for users, and what security measures are in place to protect sensitive data?

I am very much glad about this topic, I have known steemit as a blockchain based social media platform and we all know what blockchain stand for, it stands for transparency and clarity, steemit is a platform that foster transparency and that has proved how reliable they are, not everything is confidential in the steemit blockchain as we can see other users account statement, curation rewards and lots more, nothing is hidden here because it promotes transparency.

Steem has provide basic tools that can be used to make things confidential that is why the keys are given, from the steemworld site i see that some information could be kept confidential especially when it comes to our desire to keep this privacy. Nevertheless, steemit promotes transparency and measures have been taken to ensure that what is seen by other users is not taken out. That is why our steem keys are very necessary and shouldn't be joked with.

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When i joined steemit newly i was told to always protect my keys and if we don't we might lose access to our account, yes it is true and at some point I wondered if someone's phone got missing or in cases where our steemit keys are changed by a hacker who hacks our phone to get the keys maybe from our mail or anywhere.

As this question kept churning around me i heard of The role of witnesses in steemit, the power and influence they have in steemit, there are like security and can have access to account and recover things for you, if contacted at the right time through steemit representatives, so I became glad because as imperfect beings we may become victim of more challenging cases where we lose access to our account.

How have privacy mechanisms, such as private transactions or account privacy features, been implemented on the STEEM blockchain?

Screenshot_20240304-152115.jpgNo green drop down boxScreenshot_20240304-193901.jpgGreen drop down box
Here is a screenshot of your account view for other users and for you

As I said earlier the steem blockchain is very transparent and does not condone any form of hidden transaction, so there is absolutely no hidden transaction in steemit as in the case of binance where transaction can be performed through unknown addresses. Steemit doesn't have addresses for transactions where users are unknown but they have usernames whose account could be identified and transactions traced via achievement post.

Notwithstanding a special account can be created but the sender will still be identified. Sensitive information shouldn't be shared carelessly because if your username is known definitely you may be at risk, but one thing steemit has done that is very unique is that you can't search carelessly without knowing a person's username.

How are security protocols, such as data encryption and protection against potential attacks, strengthened on the STEEM blockchain?

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Steemit has made every process to follow a series of days before manifestation. The witnesses are one of the representatives on steemit that has fostered security here and all account recovery is through curator1 from my view from steemworld.

Screenshot_20240304-181324.jpgscreenshot from discord app
Screenshot_20240304-181340~2.jpgCases of Theft to powering down

A power down take about 7 days before arrival and if at that time it is discovered that it was initiated by an unknown user or hacker, a witness can be contacted to stop the process if your access to the account has be completely altered, the time frame set by steemit before power down is very essential because if it comes at once your account could be totally emptied, this is one way protection against potential attacks has been strengthen by the steemit team.

Can you illustrate specific use cases where STEEM's privacy features have been particularly beneficial to users?

In the cases of powering down initiation by a hacker. Another most important ones are the keys and their different places of functionality. A transfer can only be carried out with the help of an active key, so if someone gets access to your posting he can only post but can not take your tokens out.

In the cases of change password which we see in platform like facebook, if someone know your previous password he can get access to your account and become the owner but in steem you can't use any other password to change the password aside the master key, in severe cases where all the keys are gotten by another user and access altered, a witness could be of help.

A community can give their moderators their posting key and they can have access to voting users and posting while they reserve their master key and other keys to ensure there is no breach in their activities on the communities. That has helped communities work more efficiently and effectively.

What do you think are the next steps to develop to strengthen privacy and security on the STEEM blockchain and how can these improvements influence the adoption of the platform?

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To me for strengthening privacy, I think transactions shouldn't be seen by other website visitors except they are steemians, transactions should only be confided among steemians. Another form of verification should be through authentication methods, I know steemit verification for newcomers is very credible but some verification could be done via emails registered phone numbers and may be something facial to confirm who performed a transaction and lot's more.

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I can't access the chat live site

I know that the comment section in steemit has been so helpful, so far, but I think there should be room for encrypted messages or channels where general chat is done, though I have seen improvement on that but it seems the site is slow and not lifely. With this I believe the steemit blockchain will be able to reduce the level of exposure to accounts by non-steemians and be able to verify transactions.

I invite @bossj23, @goodybest, @dove11 @kouba01 and @ngoenyi to join this contest

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You said Steem has provide basic tools that can be used to make things confidential. As true friend. You have mentioned the importance of keys here. Yes you are very true that it's solo aim is to keep your account safe and private. I am pretty sure about the privacy system of STEEM and Steemit, because it's a decentralized platform free of any external influence and very much secure as other.

You have said that the transactions shouldn't be seen by other. Yes many people complaint it. I feel that their should be a privacy system of transaction. Maybe some people have issue with it. Yes it should be available their own the Blockchain, but I think should be hidden on wallet option. Their should be option to keep our wallet private.

I pray for your success in the contest.

Thank you for stopping by, I suggest that as a blockchain that portrays transparency, steemit should make account statement confidential and strictly for those in the steemit ecosystem i.e before you can view ones account statement you must be user of the steemit platform. I feel it will be pretty much okay by steemians. Verification could also be done to confirm the person performing a transaction especially transactions like powering down to ensure that it is not initiated by other users, transfers, etc. The steemit team has done their best by providing keys with different functionality. So that for someone to have access to your account you must have been so careless goodus to the steemit team, thanks for your reply.

Upvoted! Thank you for supporting witness @jswit.

Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.

Assalamualaikum brother hope you are doing very good in your life, your post provides very important information about Steemit. It considers how blockchain platforms strengthen privacy and security. You have tried to clearly understand the privacy and security features of Steemit and expressed your views regarding the security and privacy features.Best wishes for your success ☺️

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Thank you so much for stopping by🙏

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Your most welcome dear brother 💖

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Hey your suggestion for encrypted messages or channels on Steemit to enhance privacy and reduce exposure to non-Steemians is insightful. Improving site speed and interactivity could indeed enhance user experience and transaction verification. Keep advocating for advancements that prioritize security and user privacy on the Steemit blockchain..keep it up

@nsijoro Your insightful take on STEEM blockchain transparency and privacy measures is compelling. The emphasis on the importance of keys and the role of witnesses in account recovery adds depth to your analysis. Your mention of the power down process and its security implications is crucial for users to understand. Additionally the use cases you provided regarding keys and community moderators showcase the practical benefits of the platform security features. Your suggestions for further improvements such as private transactions and enhanced verification methods reflect thoughtful perspective. Best wishes for the contest

Thanks for stopping by, I hope to see my suggestion taken into consideration, especially concerning the verification and i fail to include that users should also be notified and reconfirm transaction of steem from 50 upward before it is processed, with this it will enhance security.

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However, the data protection here is very strong and Block's technology makes it stronger and more secure by using data encryption. But due to our high security, once we lose our account PDF, the option to recover it is more difficult. So I think if it's easy we will benefit more we won't lose an account that we can get back I know there are many users who lost their pdf now they can't work on this platform Thank you very much Nicely presented Best of luck to you remained

Hmmm, It is quite unfortunate that is the possiblity to recover all our keys when we loose them is slim. Thank you for your favourable comment on my post💕.

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 2 months ago 

Dear friend just as expected he really did Justice to the topic you are breaking it down for even a newbie in the crypto ecosystem and please search quality articles should be seen continuously on steemit

I know that the comment section in steemit has been so helpful, so far, but I think there should be room for encrypted messages or channels where general chat is done, though I have seen improvement on that but it seems the site is slow and not lifely..

Please Comment on my post through the link below 👇 https://steemit.com/hive-108451/@starrchris/steemit-crypto-academy-contest-s16w2-steem-blockchain-privacy

It's actually innovative and smart of you to think of such unique idea in fact it sounds amazing today here but the bad side about it is that it will compromise and come against transparency that is expected to be on every blockchain project or technology

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Ok i get this part, steem is a platform that portray privacy but do you think they are some things that could be kept confidential as steemit still portray transparency.

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