Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XYLO] PoW/PoS HYBRID MASTERNODE | PAYMENT SYSTEM
by
busminer
on 05/12/2017, 20:53:27 UTC
How can i set up a masternode? Any tutorial?
Quote
XYLO MASTERNODE SETUP GUIDE
---------------------------

Requirements :

> Wallet running on server
> Local Wallet
> 1000 XYLO (and few extra for fees)


On Server
---------

1. Generate masternode private key using the command

masternode genkey

2. Stop the wallet

3. Add the following lines in XYLO.conf

masternode=1
masternodeaddr=VPS_IP_ADDRESS:PORT
masternodeprivkey=MASTERNODE_PRIVATE_KEY


4. Start the wallet



On Local Wallet
---------------

1. Type the following command to generate an address

getaccountaddress MASTERNODE_ALIAS

2. Send 1,000 XYLO to the address generated above and wait for 10 confirmations.

3. After 10 confirmations, type the following command to get masternode transaction id

masternode outputs


The output will look like this
Output:
{
    "xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx1" : "1"
}


4. Create the masternode.conf file and add the following

MASTERNODE_ALIAS SERVER_IP_ADDRESS:PORT MASTERNODE_PRIVATE_KEY MASTERNODE_TX_ID 1


5. On Qt wallets, you can make the masternode.conf file by going in masternode tab and clicking create

6. Start the masternode by typing

masternode start-many

7. Your masternode will start running and can be seen in the network.