Use the following instructions to setup a masternode for LEVOCOIN on Ubuntu Server 18.04.
Make sure that you have the following requirements.
- Required amount of coins to setup the masternode. ( 20000LEVO)
- A wallet to store your coins.
- A server or VPS.
The instructions are split in three sections.
Setup the control wallet (1/2)
Open your wallet and wait until the wallet has downloaded the complete blockchain.
Go to Tools.
Click Debug console.
This is the console where you will execute all commands.
Create a masternode private key.
masternode genkey
Example output
75eqvNfaEfkd3YTwQ3hMwyxL2BgNSrqHDgWc6jbUh4Gdtnro2Wo
Show your collateral address.
getaccountaddress "MN1"
Example output
Nad4xtgdwf7c5y45ruy5MWtVY43zYMCvva
Keep note of the masternode private key and the collateral address.
Setup the VPS
Install Ubuntu Server 18.04 on a VPS.
Update your Ubuntu machine.
sudo apt-get update
sudo apt-get upgrade
Install the required dependencies.
sudo apt-get install build-essential libtool autotools-dev automake pkg-config libssl-dev libevent-dev bsdmainutils python3 libboost-system-dev libboost-filesystem-dev libboost-chrono-dev libboost-test-dev libboost-thread-dev libboost-all-dev libboost-program-options-dev
sudo apt-get install libminiupnpc-dev libzmq3-dev libprotobuf-dev protobuf-compiler unzip software-properties-common
Install Berkeley DB.
sudo add-apt-repository ppa:bitcoin/bitcoin
sudo apt-get update
sudo apt-get install libdb4.8-dev libdb4.8++-dev
Download daemon
wget "http://levocoin.io/download/levocoin-daemon-linux.tar.gz" -O levocoin-daemon-linux.tar.gz
wget "http://levocoin.io/download/levocoin-qt-linux.tar.gz" -O levocoin-qt-linux.tar.gz
Extract the tar files.
tar -xzvf levocoin-daemon-linux.tar.gz
tar -xzvf levocoin-qt-linux.tar.gz
Install the daemon and tools.
sudo mv levocoind levocoin-cli levocoin-tx /usr/bin/
Create the config file.
mkdir $HOME/.levocoin
nano $HOME/.levocoin/levocoin.conf
Paste the following lines in levocoin.conf.
#----
rpcuser=rpc_levocoin
rpcpassword=yourpassword
rpcallowip=127.0.0.1
#----
listen=1
server=1
daemon=1
maxconnections=64
#----
masternode=1
masternodeprivkey=REPLACE_WITH_MASTERNODE_PRIVATE_KEY
externalip=REPLACE_WITH_EXTERNAL_IP_OF_VPS
#----
Replace the text REPLACE_WITH_MASTERNODE_PRIVATE_KEY with the masternode private key that you created using the command masternode genkey.
E.G. masternodeprivkey=75eqvNfaEfkd3YTwQ3hMwyxL2BgNSrqHDgWc6jbUh4Gdtnro2Wo
Replace the text REPLACE_WITH_EXTERNAL_IP_OF_VPS with the external IP address of your VPS.
E.G. externalip=136.144.171.201
Start your node with the following command.
levocoind
Setup the control wallet (2/2)
Transfer the required amount of coins to the collateral address that you created using the command getaccountaddress "MN1". -------20000LEVO----------
Wait until the transaction has the required masternode confirmations.
Go to Tools.
Click Debug console.
Enter the following command.
masternode outputs
Example output
[
{
"06e38868bb8f9958e34d5155437d009b72dff33fc28874c87fd42e51c0f74fdb" : "0",
}
]
Go to Tools.
Click Open Masternode Configuration File.
Modify the following line and paste it into notepad.
MN1 136.144.171.201:5394 75eqvNfaEfkd3YTwQ3hMwyxL2BgNSrqHDgWc6jbUh4Gdtnro2Wo 06e38868bb8f9958e34d5155437d009b72dff33fc28874c87fd42e51c0f74fdb 0
MN1 - Alias for your masternode.
136.144.171.201 - External IP of your VPS.
5394 - Replace with P2P port of levocoin.
75eqvNfaEfkd3YTwQ3hMwyxL2BgNSrqHDgWc6jbUh4Gdtnro2Wo - Masternode private key from the command masternode genkey.
06e38868bb8f9958e34d5155437d009b72dff33fc28874c87fd42e51c0f74fdb - Transaction hash from the command masternode outputs.
0 - Single digit from the command masternode outputs.
Save the file and close notepad.
Shutdown your wallet and re-open your wallet.
Go to Settings.
Click Unlock Wallet.
Enter your wallet passphrase and unlock your wallet.
Go to Tools.
Click Debug console.
Start your masternode using the command.
masternode start-alias MN1
It will take +/- 30 minutes to activate your masternode