POSQ:Masternode Tutorial

in #poseidon • 7 years ago (edited)

QT Wallet (Windows/Linux/OS X)

Requirements:

  • Windows: Windows 7, Server 2013 or higher.
  • OSX: MacOS 10.9 or higher.
  • Linux: Ubuntu 14.04 or 16.04.
  • Static IP Address.
  • Port 5510 forwarded/open.
  • Preferably running on VPS.

Wallet Install:

          


  • Close QT wallet and head to installation directory.
    • Windows:Default directory is AppData\Roaming\POSQ
    • Linux:Default directory is  ~/.posq/ 
    • OS X:Default directory is ~/Library/Application Support/POSQ
  • Edit posq.conf

           

  • Restart QT wallet.
    • Check that you're connecting to multiple peers. Tools >Debug >>Peers
  • Allow wallet to sync until you see the following symbol. 

           

  • Encrypt your wallet for safety.
    • To encrypt the wallet, go to Settings > Encrypt wallet. Enter the passphrase, click ok. You will then have to restart the wallet and then go to Settings > Unlock Wallet and then enter the passphrase to unlock the wallet, for staking, controlling the masternode or sending POSQ.
    • Choose a LONG/STRONG password. Write it down or save it somewhere OFFLINE. 

           

  • Backup your wallet for safety.
    • Save to multiple locations. Encrypted USB drives are ideal. 

Masternode Setup

  • Unlock Wallet.
    • Settings > Unlock Wallet
  • Open Console.
    • Tools>Debug>Console.

  • Create receiving collateral address.
    • Run getnewaddress MN01.
    • A new receiving address will show. Copy address.
  • Send the required 5,000 POSQ to run masternode to newly created address.
    • sendtoaddress copied-address 5000.
  • Run the command masternode genkey.
    • Copy address, we will use it later.
  • Run the command masternode outputs.
    • Copy complete output, we will use it later.

  • Edit masternode.conf file.
    • Go to Tools -> Open Masternode Configuration File and add a line in the newly opened masternode.conf file with a text editor.

 Open/edit masternode.conf file.

  • Following the format in this file, input all of your information. 
  • Format:MN01 your_vps_ip_address:5510 your_masternode_key_output_from-masternode_genkey txhash_from-masternode_outputs Outputidx_from-masternode_outputs.
  • 173.239.218.20 Is your IP. Unsure? run ifconfig
  • 88PgPt1sa612ogcJ8kUTokJnpifEoGqYS8U5F4K3eJXHkMhvExe is your masternode key from masternode genkey. 
  • da2574ebd5d29be6efd2e245b970d11e76f80bed7c28e39565041c84b40fe80b is your txhash from masternode outputs.
  • Example:MN01 173.239.218.20:5510 88PgPt1sa612ogcJ8kUTokJnpifEoGqYS8U5F4K3eJXHkMhvExe da2574ebd5d29be6efd2e245b970d11e76f80bed7c28e39565041c84b40fe80b 1
  • 1 is your outputidx from masternode outputs.

  • Open the posq.conf wallet configuration file and add the following:
    maxconnections=250 masternode=1 externalip=<10 masternodeprivkey=<ip_address_here>:5510 masternodeaddr=<ip_address_here>:5510 masternodeprivkey=<wallet_genkey_value_here>
  • Example:           
  • Restart QT Wallet.
    • Head to Mastenodes tab.
    • Your Masternode instance should be visible.
    • Current status will be MISSING.

  • Enable the Masternode.
    • Open Tools > Debug console.
  • Enter the command masternode list-conf.
    •  You should now see the newly added MasterNode with a status of MISSING. 
  • Enter the command startmasternode alias false MN01.

  • Verify that the MasterNode is enabled and contributing to the network.
    • Enter the command masternode list-conf.
  • You should see the status of ENABLED.

  • Check for your new Masternode on mn.zone.

Masternode setup is complete! 

CLI Daemon Install

  • Download the latest POSQ Linux wallet.
    • Linux Wallet
    • wget https://posq.space/POSQ_Linux.zip --no-check-certificate
  • Install the required libraries.
    apt-get update apt-get upgrade -y apt-get install wget nano unrar unzip libboost-all-dev libevent-dev software-properties-common -y add-apt-repository ppa:bitcoin/bitcoin -y apt-get update apt-get install libdb4.8-dev libdb4.8++-dev -y apt-get install libzmq3-dev libminiupnpc-dev -y
  • Configure swap to avoid running out of memory:
    fallocate -l 1500M /mnt/1500MB.swap dd if=/dev/zero of=/mnt/1500MB.swap bs=1024 count=1572864 mkswap /mnt/1500MB.swap swapon /mnt/1500MB.swap chmod 600 /mnt/1500MB.swap echo '/mnt/1500MB.swap  none  swap  sw 0  0' >> /etc/fstab
  • Open Port for Masternode communication:
    ufw allow 22/tcp ufw limit 22/tcp ufw allow 5510/tcp ufw logging on ufw --force enable
  • Unzip POSQ wallet and set up initial conf file:
    unzip POSQ_Linux.zip cd POSQ_Linux ./posqd
    • You will receive an error "To use posqd, or the -server option to posq-qt, you must set an rpcpassword in the configuration file" This is correct as we need to configure that file for proper operation.
  • Edit posq.conf file:
    • Example w/peers can be found here. Use "masternode" setup for MN.
    •  Default directory is  ~/.posq/ 
    • Open/create posq.conf file with nano /root/.posq/posq.conf
    • Add everything from conf example listed in link above. 
    • Save and exit file CTRL+O, CTRL+X.
  • Start POSQ for initial Masternode setup. 
    • ./posqd
  • Allow the daemon to sync. After a few minutes verify block count.
    • ./posq-cli getinfo
    • Verify block count against block explorer found here.
  • Begin Masternode configuration.
    • Create Collateral address ./posq-cli getnewaddress MN01
    • Generate masternode private key and copy it for later ./posq-cli masternode genkey
    • Send exactly 5,000 POSQ to new address ./posq-cli sendtoaddress copied-address 5000
    • Wait about a minute and run ./posq-cli masternode outputs. Save it for later.
  • Open/edit masternode.conf file.
    • nano /root/.posq/masternode.conf
    • Following the format in this file, input all of your information. 
    • Format:MN01 your_vps_ip_address:5510 your_masternode_key_output_from-masternode_genkey txhash_from-masternode_outputs Outputidx_from-masternode_outputs.
    • 173.239.218.20 Is your IP. Unsure? run ifconfig
    • 88PgPt1sa612ogcJ8kUTokJnpifEoGqYS8U5F4K3eJXHkMhvExe is your masternode key from masternode genkey. 
    • da2574ebd5d29be6efd2e245b970d11e76f80bed7c28e39565041c84b40fe80b is your txhash from masternode outputs.
    • Example:MN01 173.239.218.20:5510 88PgPt1sa612ogcJ8kUTokJnpifEoGqYS8U5F4K3eJXHkMhvExe da2574ebd5d29be6efd2e245b970d11e76f80bed7c28e39565041c84b40fe80b 1
    •  1 is your outputidx from masternode outputs.
    • Save and exit file CTRL+O, CTRL+X.
  • Stop/restart posqd daemon.
    • Reopen posq.conf with  nano /root/.posq/posq.conf
    • Enter your IP for externalip=.
      externalip=173.239.218.20:5510
    • Enter your IP for masternodeaddr=. masternodeaddr=173.239.218.20:5510
    • Enter masternodeprivkey=   from masternode genkey. 
      masternodeprivkey=88PgPt1sa612ogcJ8kUTokJnpifEoGqYS8U5F4K3eJXHkMhvExe 
    • Save and exit file CTRL+O, CTRL+X.
  • Stop/restart posqd daemon.
    • ./posq-cli stop
    •  Run the following command until the posqd process disappears.
      ps aux | grep posqd | grep -v grep
    • Restart POSQ ./posqd
  • Check for your new Masternode on mn.zone.
  • Enable the Masternode.
    ./posq-cli masternode list-conf
    • You should now see the newly added masternode with a status of MISSING.
  •  Run the following command, in order to enable it:
    ./posq-cli startmasternode alias false MN01
  • Verify that the MasterNode is enabled and contributing to the network.
    • Let the process run for a few minutes then check on it with:
      ./posq-cli masternode status
    • You should be greeted with Masternode successfully started
    • If instead you get Masternode not found in the list of available masternodes. Give it a little bit of time to sync up with the network and try again.
  • Check for your new Masternode on mn.zone.

Process complete. Congratulations on your new POSQ Masternode!

If this article was helpful, please make sure to up-vote it. Thanks! 

#crypto #masternode #pos #staking
7 years ago in #poseidon by
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     7 years ago  

    Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
    https://github.com/shekeltechnologies/Documentation/blob/master/guides/MasterNode_Setup_Cold_Hot_Linux.md

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       7 years ago (edited) 

      i want to add 2 masternodes on 1 system with one ip, is it possible,
      if yes, can you please send settings, how to do that!
      mn02 not started, i tried my best as per your guide
      pos.JPG

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        [-]
         6 years ago  

        good guide ... plese do other guide like this

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           6 years ago  

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