Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
CrunchyCrypto
on 29/09/2017, 23:28:21 UTC
So unclear this stuff. Looked on how it is done on PIVX but this is some heavy stuff. (...) Def not trying to be disrespectful but really need some more info. ;-)

COLX Masternode installation guide (summary)

For security, you should create a hot/cold setup with TWO wallets:
   - One wallet for the masternode (24/7, so either a VPS or a server in your home). This will be the masternode. IT WILL CONTAIN NO FUNDS!
   - One wallet on your pc. THIS WILL CONTAIN THE FUNDS. You can use it to start the masternode server and then close this wallet.

First install the masternode wallet.
   - It must use the default port: 51572 (and ususally 51573 for RPC);
   - Write down the IP address, you'll need it later;
   - Open ports, NAT, firewall if you need to;
   - Start it. On linux: colxd --deamon
   - Synchonize the blockchain.
   - Stop it to make adjustments later. On linux: colx-cli stop
   - The masternode wallet will stay empty at all times!

Then install your PC wallet:
   - This is just a regular install of the wallet with a GUI
   - Synchonize the blockchain.
Transfer the funds to your PC wallet:
   - Create a new receiving account (File, Receiving Addresses, New), call it 'Masternode 01' or whatever you like.
   - Transfer exactly 10,000,000 to that account (must be one 10,000,000 payment, not mulitple small amounts).
Check your payment:
   - In the console (Tools Menu, Debug Console), use 'masternode outputs'.
   - For valid 10,000,000 payments, it will give you a transaction_id and a transaction_index (usually 0 or 1).
   - Copy/paste these values to textfile, you will need them later.
Create a unique number for your masternode:
   - In the console, use 'masternode genkey'
   - Save it to the textfile, you will need it later.
Enter your masternode details in your PC wallet:
   - Click Tools, Open Masternode Configuration File (or open masternodes.conf)
   - On one line, enter: some name without spaces like MN01 (space) masternode IP:port (space) generated_key (space) transaction_id (space) transaction_index
   - Save the file and restart (I think)

Configure your masternode wallet: edit ColossusCoinXT.conf:
   - Add masternode=1
   - Add masternodeprivkey={the key you generated}
   - (re)start it. On linux: colx-cli stop / colxd --deamon
   - The debug.log should say that the masternode is waiting to be started (from the PC wallet).

Activate the masternode from your PC wallet:
   - Go to page 'Masternodes'
   - Click 'update status' to see
   - Use any of the start buttons to register the masternode with the network.
   - IF IT COMPLAINS ABOUT TXID: Use the console instead: 'masternode start-alias MN01'

Check your masternode wallet:
   - The debug.log should say 'Enabled!'.
   - It will start Pinging the masternode system to keep its registration alive.

YOU CAN NOW CLOSE THE PC WALLET!
   - If you open it, your masternode payments will appear (after block 10.080).