RE: Steem Basics: Understanding Private Keys by gtg

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steem · @gtg · Feb 21 '19

You get Master Password at the time of account creation through Steemit site (which I believe is what you got yours). You don't need it as long as you have all your private keys, or at least your private owner key, so you can set all the others.

👍 prinzvalium

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@prinzvalium · Feb 21 '19 (edited)

$0.05

Is there a scenario, where the private owner key is not enough and where you need the master password? e.g. account recovery?

👍 gtg

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@gtg · Feb 21 '19

No. Steem blockchain doesn't know about your Master Password.
Master Password is like a Master Key, that allows you to open doors on all levels of the building. You can use that one or separate keys. Separate key for the highest level in the building is enough to open it.
Also, if you change the lock in that door, Master Key will no longer be able to open it.

👍 prinzvalium

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@prinzvalium · Feb 21 '19

$0.04

Ok. Now I know what's my error. I thought that I have the 4 private keys active, memo, posting and owner. I thought my password is missing. But: I do have the password and only the three private keys active, memo and posting. I don't know my owner private key, because it is not shown in the Steemit wallet. I think it is genarated automatically if I enter my password in Steemit.

Ist there a way to get the private owner key?

👍 gtg

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