Syscoin 4 Masternodes Setup Guide.

assuming a clean install

Syscoin
Syscoin
Jun 5, 2019 · 8 min read

MASTERNODE REQUIREMENTS

  1. 100,000.00 SYSCOIN
  2. VPS with following;
  • 4gb RAM (real) minimum (8gb RAM preferred)
  • 4gb swap (if less than 8gb real RAM) Will need to use SSD if using Swap
  • VM or OpenVZ (KVM preferred)
  • Linux OS — Ubuntu 18.04.1 LTS (Bionic Beaver) preferred
  • 80gb Disk Space (100gb+ SSD preferred

VPS Providers

There are many VPS service providers that offer and exceed the hardware requirements, as such it is recommended that you shop around and do your own homework on various potential providers. Note the following is a list of just some examples and should not be interpreted as recommendations or endorsement.

INSTALLATION

To use this procedure you must have upgraded your QT to Sys4

Syscoin 3 to Syscoin 4 Upgrade Procedure

PREPARE QT & SEND 100,000 SYS COLLATERAL

  • Once your local Syscoin Core Qt has fully synced, select “Window > Console” and enter masternode genkey to generate your masternode private key. Copy this value as you will need it later, it will look similar to the following:
Image for post
Image for post
  • Next type getnewaddress <LABEL> legacy (replacing LABEL with a name eg. mn1), to generate an address to use for your 100k collateral. Masternodes require legacy addresses, and will not work with the new Bech32 addresses that start with sys. Copy down this address as well as you will need to send your collateral to it in the next step.
  • If the address starts with sys you have NOT included legacy and will need to regenerate a legacy address.
Image for post
Image for post
- WARNING: If you use the same address for multiple masternodes your reward payouts cannot be completed.
  • Please note this is a Test wallet and balances are not real
Image for post
Image for post
Image for post
Image for post
  • Next you will need to get the transaction id for the collateral by selecting the “Transactions” tab to see ‘payment to yourself’. Right click this transaction to view the id, and copy it down as well for later use.
Image for post
Image for post
masternode outputs
Image for post
Image for post
For WIN
C:\Users\YOURUSERNAME\AppData\Roaming\Syscoin
Or type %appdata% in the search box and click on Syscoin folder
For MAC
CMD + Shift + G
~/Library/Application Support/Syscoin
masternode.conf
# Masternode config file
# Format: alias IP:port masternodeprivkey collateral_output_txid collateral_output_index
mn1 123.123.123.123:8369 7ra1rhngvNkhkiFE8STrmvH3LvYTCzLyRFHFsZvrJUBV6ZmWnc 06e38868bb8f9958e34d5155437d009b72dff33fc87fd42e51c0f74fdb 0
Image for post
Image for post
Image for post
Image for post
Image for post
Image for post
https://raw.githubusercontent.com/Syscoin/Masternode-install-script/master/script.sh
bash <(curl -sL https://raw.githubusercontent.com/Syscoin/Masternode-install-script/master/script.sh)
Syscoin Core Github Branch [master]: 
Masternode Private Key []: Your Masternode private key
External IP Address [123.123.123.123]:
Masternode Port [8369]:
Configure for mainnet? [Y/n]:

Press any key to continue or Ctrl+C to exit...
source ~/.bashrc
syscoin-cli getblockchaininfo
  • Choose the “Masternodes” tab, select your masternode,
  • Click “Initialize”.
Image for post
Image for post

MASTERNODE COMMANDS IF YOU USED THE SCRIPT

View your syscoin.conf

nano /home/syscoin/.syscoin/syscoin.conf
nano /home/syscoin/sentinel/sentinel.conf
sudo crontab -u syscoin -l
sudo su -c "sentinel-ping" syscoin
sudo less /home/syscoin/sentinel/sentinel-cron.log
sudo less /home/syscoin/.syscoin/debug.log
sudo service syscoind stop
sudo service syscoind start
sudo service syscoind restart
ps aux | grep [s]yscoind
source ~/.bashrc
syscoin-cli getblockchaininfo
syscoin-cli mnsync status
syscoin-cli masternode status
syscli getblockchaininfo
syscli mnsync status
syscli masternode status
sudo su - syscoin

Special thanks to demesm and doublesharp for the initial script, Bigpoppa for most of the conversion and bitje, johnp and the Syscoin team for upgrading and working out minor issues to get it running on SYS4.

MASTERNODE HELP

Never Accept Help via a Direct Message there are many scammers about and never give ANY files to anyone, the Syscoin Team will never ask for them.

SysHub: Register your masternodes with Syshub. You can also create Proposals through the generator for Governance and Vote on upcoming Proposals.


CONFIGURE MASTERNODE ON VPS MANUALLY

You will have needed to have set your QT up as above then use this guide.

Syscoin 4 Masternode Manual Setup Guide

PLEASE ENSURE ONCE YOU HAVE FINISHED SETTING UP YOUR MASTERNODES THAT YOU MAKE BACKUPS OF YOUR WALLET.DAT

AS A PROUD OWNER OF A SYSCOIN MASTERNODE YOU ARE ELIGIBLE TO TAKE PLACE IN GOVERNANCE VOTING PLEASE TAKE THE TIME ONCE A MONTH TO VOTE SEE SYSHUB FOR DETAILS.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store