 ### **Preword** Generally are the most e wallets based on the same QT- platform, and have only individual designed interfaces. You can easily proof if your wallet is compatible, with these instructions, when you take a look in your wallet in the upper right at the „Help“ Section. There you`ll find information to the yourcoin.core version and QT version. If you find that, you should be safe with these instructions. Please insert the correct values for your setup, in therefore named fields (ex: yourcoin, xx.xx.xx.xx, xxxx) # **Setting up Masternodes** Getting a masternode started and earning money with it, requires a basic understanding of Linux and blockchain technology, as well as an ability to follow these instructions closely. Linux is the best choice for masternodes for security reasons, but harder to administrate as Windows. If you have problems, you will see that "the devil sticks in the details"! Try to find tutorials! The official Keywords to search, do you find all over this tutorial. Additionally you can find help in the community, of your chosen cryptocurrency. They have chatrooms on discord or telegram, their links you find on the main website of your chosen cryptocurrency. ##### There is nothing magical, it is as simple as that! ### **Before you begin** We assume, that you start up a masternode for the first time. You need following things to do: 1. Collateral of that cryptocurrency you decided to participate with. This amount and additional conditions differs for every cryptocurrency and can be found fast over internet. For example: [Masternode Corner](http://bit.ly/2RPAnRe) 2. A local wallet (Windows, Linux, Mac) from the cryptocurrency you want to work with. There you store the collateral for the masternode. Before you begin to transact something, make sure that the your wallets involved are completly synced, otherwise you can break your local blockchain! 3. An Ubuntu server (Ubuntu Server 18.04), or, preferably a Virtual Private Server (VPS) with minimum 2GB memory (RAM or RAM+Swap) Make sure you updated the server with: **sudo apt update && sudo apt upgrade** 4. Public IP address of Ubuntu server or VPS system 5. An open port xxxx to your Server or VPS. Mostly found on yourcoin github page or you google it with „Coinname ports“ Remember to buy a few more coins than the collateral amount, for upcoming transaction fees and optional, additional costs! By working on this guide, you will be working in your local wallet on your local computer. Also you will be working on the remote system. Therefore we name the differnt machines: Local wallet: For your local machine Remote wallet: For a remote system on your Ubuntu Server or VPS Please follow the steps below in order, if you don`t know yet, what you are doing. Where do I’ll find the files that we will editing? This depends on the way of installation. You`ll need to find the basic installation directory. On Linux mostly in the home directory, invisible for basic shell. Try in the users home, cd .yourcoin In this installation directory, you will find the all files and .conf, that matter for your masternode setup. So let`s go! ### We start with the local wallet configuration… ##### Step 1: Turn off zeromint in your local wallet 1. Shutdown your wallet 2. Go to „yourcoin“ directory and edit yourcoin.conf 3. Add the following lines, save the file and start your local wallet again enablezeromint=0 zeromintpercentage=0 ##### **Step 2:** Generate a masternode key on your local wallet 1. Open the debug console in your local wallet (Tools > Debug console) 2. Type the following command (this generates the masternode privatekey, which we’ll need later in the setup) masternode genkey Write the response down somewhere safe. (Make a Textfile were you store all needed values!) ##### **Step 3:** Additional generate a accountaddress on your local wallet 1. Open the debug console (Tools > Debug console) 2. Type the following command: getaccountaddress YourMasternodeName (e.g. MN01) **Write the response down somewhere safe.** ##### **Step 4:** Send collateral to the new accountaddress on your local wallet Still on the local wallet, send the exact amount of collateral coins (Important!) to the accountaddress we just created. You´ll have to wait some confirmations for this transaction, to get allowed to start the masternode. The number of confirmation depends on the coin. But you can feel safe mostly with 20> confirmations. You’ll find those infos in the masternode section of yourcoin website or github. ##### **Step 5:** Confirm the masternode outputs in your local wallet 1. Open the debug console (Tools > Debug console) 2. Type the following command (This gets the proof of transaction of sending the collatoral to the new accountadress) masternode outputs Copy the response down somewhere safe. ##### **Step 6:** Configure the masternode.conf on your local wallet 1. Shutdown your wallet 2. Go to your data directory and add the following line to masternode.conf in your local wallet <Name of your masternode> <IP address of your remote wallet>:55002 <The privkey from Step 2> <The txhash from Step 5> <The outputidx from Step 5> Set up your own values and always without the “<>”. **Tip: Remember that if you see # in the beginning of the line, means that the following option will not be set.** After modifying the configuration file, save it. And you are able to start and use your local wallet normally. Example: **masternode.conf** MN 139.14.135.195:55002 7gb6HNz8gRwVwKZLMGQ6XEaLjzPoxUNK4ui3Pig6mXA6RZ8xhsn 49012766543cac37369cf3813d6216bdddc1b9a8ed03ac690221be10aa5edd6c 1 Now we begin working on the remote system. ##### **Step 7:** Install your remote wallet Depending on your coin, there a several method to install the masternode. You need a linux distribution according to the wallet, you have already installed on the local machine. Some coins have also masternode setup scripts, that ask you for needed values. Mainly the IP-Adresse of the server, the masternode runs on, the port you have investigated and the masternode private key are important. If possible, then install the bootstrap of the blockchain for faster installation. Before you start the installation, make a new user that runs masternode. sudo adduser youruser add your new user sudo adduser youruser sudo and give him superuser sudo passwd youruser and a password After installation, start the server with: sudo yourcoind –daemon and let it synchronize the blockchain. You can see the progress with: yourcoin-cli getinfo and stop the masternode with: yourcoin-cli stop If that doesn't work for you, try: ./yourcoin-cli xxxx Wait for full synchronization then stop the server and go on with next step. ##### **Step 8:** Configure the masternode in your remote wallet 1. Edit „yourcoin.conf“ in the your data dir, on your remote wallet: nano ~/.yourcoin/yourcoin.conf 2. There should be now a automatic added rpcuser and rpcpassword in the .conf file. **This user will be generated, when masternode starts for the first time.** **Please write it down, we have to add it to our local wallet configuration!** Otherwise you have to install the wallet completly again! 3. Add the following lines (Example configuration remote wallet yourcoin.conf): rpcuser=encryptedusernameautomaticlyinstalled rpcpasswd=encryptedlongerpasswordcopybothtolocalwallet rpcallowip=127.0.0.1 listen=0 server=1 daemon=1 logtimestamps=1 maxconnections=256 masternode=1 externalip=xx.xx.xx.xx #(The public IP of your remote wallet) bind=xx.xx.xx.xx #(The public IP of your remote wallet) masternodeaddr=xx.xx.xx.xx:xxxx #(Public IP remote wallet:Port) masternodeprivkey= #(The masternode private key from local wallet) Make sure you copied rpcuser and rpcpassword to a textfile. ##### **Step 9:** Copy RPC credentials to the local wallet 1. Edit „yourcoin.conf“ on your local wallet: nano ~/.yourcoin/yourcoin.conf 2. Replace existing RPC credentials with the copied automatic generated values from the remote wallet **Example configuration yourcoin.conf on local wallet (Remember! Use only the automatic encrypted RPC credentials from remote wallet!)** rpcuser=encryptedusernamefromremotewallet rpcpasswd=encryptedlongerpasswordfromremotewallet rpcallowip=127.0.0.1 rpcallowip=xx.xx.xx.xx rpcport=xxxx listen=0 server=1 daemon=1 That was the configuration part. Now comes the fun part! ##### **Step 10:** Starting the masternode It is important you follow the steps in the exact order. 1. Start the local wallet 2. Start the remote wallet as the new user with command sudo yourcoind -daemon 3. Type the following command in the local wallet debug console: startmasternode alias false Masternode1 The following should appear: { “overall” : “Successfully started 1 masternodes, failed to start 0, total 1”, “detail” : [ { “alias” : “Masternode1”, “result” : “successful”, “error” : “” } 4. Start the masternode on your remote wallet: 5. Login as new user and type ./yourcoin && ./yourcoin-cli startmasternode local false A message “masternode successfully started” should appear 6. Use the following command on your remote wallet to check status: ./yourcoin-cli masternode status You should see something like: { “txhash” : “55012766543cac37369cf3813d6216bdddc1b9a8ed03ac690221be10aa5 edd6d”, “outputidx” : 1, “netaddr” : “52.57.41.57:55050”, “addr” : “WXDiFihvtMq6v8B4wVu8btnGwEdyAGLnTP”, “status” : 4, “message” : “Masternode successfully started” } **Congratulations! You have successfully created your new masternode!** Now the masternode setup is complete, you are safe to remove “enablezeromint=0” from the yourcoin.conf file on your local wallet. **Don`t forget to take your user from superusergroup to prevent hacking surface!** **Execute comand on your remote machine as Superuser or root** sudo deluser youruser sudo ### Stop running the masternode and get out collateral ##### **Step 1:** Stop the masternode on your remote wallet ./yourcoin-cli stop ##### **Step 2:** Remove the masternode configuration from your local wallet 1. Shutdown your wallet 2. Go to your data directory and remove the line that was created in Step 6 from your masternode.conf 3. Start your wallet again 4. Your collateral will now be unlocked  Special greetings and thanks to @joeparys @abit @beerbot @bjornb @blockbrothers @c0ff33a @cryptohazard @cryptopassion @dmitrydao @dreamies @emrebeyler @firepower @firepower @helo @justyy @kevinwong @menkarbit @pcste @petertag @poetsunited60 @puncakbukit @steemgigs @steemhq.witness @steemitboard @steemitportugal @stoodkev @thekitchenfairy @threebirds @whiterosecoffee </center>https://i.imgur.com/08PSZsM.png<center><a href='https://twitter.com/smartworldsec/'><img src='http://pbs.twimg.com/profile_images/1124015795732996102/VEWB1tlX_normal.png'> Smart World Security</a></center> <center><sup>Follow us on <a href='https://twitter.com/smartworldsec'>Twitter</a><br>Visit us on <a href='https://share2steem.io/?ref=cyberdyn'>Medium</a><br>Support our activities and donate on <a href='https://steemit.com/@cyberdyn'>Steem</a></sup></center>
author | cyberdyn |
---|---|
permlink | universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private |
category | blockchain |
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author | bdvoter |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190521t124715013z |
category | blockchain |
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This post has received a 5.6 % upvote from @boomerang.
author | boomerang |
---|---|
permlink | re-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t005124 |
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Thanks for using @edensgarden!
author | edensgarden |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t015300103z |
category | blockchain |
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You got a 50.00% upvote from @emperorofnaps courtesy of @cyberdyn! Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
author | emperorofnaps |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t015449648z |
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You just received a 18.18% upvote from @honestbot, courtesy of @cyberdyn! 
author | honestbot |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t021900049z |
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You got a 82.56% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
author | joeparys |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t004312143z |
category | blockchain |
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This post has received a 29.44% upvote from @lovejuice thanks to @cyberdyn. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
author | lovejuice |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t004553124z |
category | blockchain |
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You got a 5.28% upvote from @luckyvotes courtesy of @cyberdyn!
author | luckyvotes |
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permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t030412765z |
category | blockchain |
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root_title | "Universal tutorial to install a masternode and a coldwallet for keeping your funds private" |
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author | msp-bidbot |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190518t235432166z |
category | blockchain |
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author | onlyprofitbot |
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permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t035931040z |
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root_title | "Universal tutorial to install a masternode and a coldwallet for keeping your funds private" |
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@cyberdyn purchased a 6.13% vote from @promobot on this post. *If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com
author | promobot |
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permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t003341283z |
category | blockchain |
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root_title | "Universal tutorial to install a masternode and a coldwallet for keeping your funds private" |
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You got a 43.48% upvote from @redlambo courtesy of @cyberdyn! Make sure to use tag #redlambo to be considered for the curation post!
author | redlambo |
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permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t015050136z |
category | blockchain |
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root_title | "Universal tutorial to install a masternode and a coldwallet for keeping your funds private" |
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You got a 54.91% upvote from @spydo courtesy of @cyberdyn! We offer 100% Payout and Curation.
author | spydo |
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permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t001514007z |
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root_title | "Universal tutorial to install a masternode and a coldwallet for keeping your funds private" |
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To listen to the audio version of this article click on the play image. [](http://ec2-52-72-169-104.compute-1.amazonaws.com/cyberdyn__universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private.mp3) Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
author | tts |
---|---|
permlink | re-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t002216 |
category | blockchain |
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You got a 100.00% upvote from @upyourpost courtesy of @cyberdyn!
author | upyourpost |
---|---|
permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t021215871z |
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You got a 31.55% upvote from @whalecreator courtesy of @cyberdyn! Delegate your Steem Power to earn 100% payouts.
author | whalecreator |
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permlink | re-cyberdyn-universal-tutorial-to-install-a-masternode-and-a-coldwallet-for-keeping-your-funds-private-20190519t023652113z |
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