How can i set up a masternode? Any tutorial?
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.