Let’s start with an exercise in "Patience", before we go into this pertinent topic proper!

Yes, just below, we will talk about one very easy and fast way to lose your entire steem account or perhaps, the 1 million steem you have saved up. This is something that needs to be looked into, by our precious steem developers and fixed and this is something we should be well aware of! 

Too, i will relate my simple suggestions on how to fix this, perhaps that would help! 

For now though, what do you think happens, if you sent yourself 100 steem from your very own steem balance? Will the transaction pull through? Well, yes! 

Same as you can send yourself a Gmail containing your "steem password", to have a copy of it in your inbox; you can send some steem to yourself, from your very own steem balance. 

Hahaha, I wonder if this has any impact, disadvantage or advantage but it does work as seen below!  

Look at this next image, to see that i sent myself 0.01 steem:

But hey, what happens if you mistakenly entered your steemit password into the memo-field, while trying to transfer steem?

Is that even possible or does the memo-field reject it? "Well, don’t try it, except you are ready to quickly change your steemit password!"

Remember that the steem blockchain is bare and permanent and for newbies, it may be a hassle to change your password and back-up the new password! Always remember too, that your steemit password, is the key to your steemit account and is not retrievable, if lost! 

So this becomes a very important issue! If you do steem transfers often and especially, if you have had to use a public computer, where your passwords aren’t auto-filled or remembered and you have to copy and paste your password multiple times to accomplish multiple steem transfers, you could easily have placed your steemit password in the memo-field and without taking note, have processed the transfer and left your steemit password on our bare steem blockchain. 

 Too, remember that some cryptocurrency wallet addresses or transfer memos for exchanges etc, look similar to steemit passwords! Additional reason, to be cautious and to know that it may be very easy to mistakenly place your steemit password as a memo, while transferring steem!

A steem password contains 52 alphanumeric character and this image below, is further help with recognizing a steemit password:

Note that the password field understands and knows the parameters that a 52-character-long alphanumeric string should meet, inorder to even be considered as a possible steemit password and it has the algorithm to identify password entries, that are not satisfying these parameters.  

Hint: A steemit password wouldn't contain 0 (Zero), O (Capital o), I (Capital i) and l (Lower case L) characters!

This could also be the solution for the transfer memo-field in our wallets! 

There are so many times, when I have almost submitted my password during a steem transfer. It is quite easy to make this error! 

Especially, when i am using a new browser in which case, I am required to copy/paste my steemit password to complete every transfer; I would have my password already copied and would have pasted it in the memo-field instead etc  

If you've transfer steem many times, you may have come across this scenario.  

See screenshots again:

(NB: i had some more screenshots but i didn't succeed in sending all, to my work email and got to work, only to see that "printscrn" is disabled. Thus, the need to repeat images!)

Possible Solution

Since there are parameters guiding how steemit passwords should look like; then the steem transfer memo-field can be worked on, to reject any alpha-numeric string that looks like a steemit password i.e any 52-alphanumeric-character-string containing (0 (Zero), O (Capital o), I (Capital i) and l (Lower case L) characters) and whatever other criteria, the developers see fit!

There can easily be many other suggestions on how our developers can fix this!

I tried my experiments with a random 52-alphanumeric string, avoiding (0 (Zero), O (Capital o), I (Capital i) and l (Lower case L) characters)! 

In reality, I am afraid of touching my steemit password and i doubt if I will like to change it any time soon! 

Thus, real life examples or experiences are welcomed!

Have you ever left your steemit password in the memo-field? Have you ever completed a steemit transfer, mistakenly forgetting your password in the memo, so that you hurriedly had to change you steemit password?

"A steemian recently, lost his Euros worth of steem"; can he have mistakenly left his password in the memo-field, during a steem transfer, without ever realizing it! 

Tell us your experience! 

I don’t know too many steem developers, but I do know; @timcliff @good-karma @pharesim @ausbitbank and @kyle!

Your Boy Terry

@surpassinggoogle

 

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