Masternode Setup

Masternode Setup

General:

This Guide will help you to setup your masternode with the Hot/Cold method. After this Guide you will have a cold wallet on your own PC/Laptop and a hot wallet running on your Server/PC. The Hot Wallet will work as daemon, without access to the Coins, they are safe in your local wallet.

Requirements:

• PC with Internet Connection - 24/7 availability
• Static IP
• 2500.0001 BRO

Setup (local PC):

1. Go to the debug console | Tools -> Debug console
2. Generate new address in the console | getnewaddress <label for the Node> -> Copy the address and save somewhere
3. Send the collateral to the address | sendtoaddress <address generated step 2> 2500 -> Now wait for confirmations
4. Generate masternode key in the console | masternode genkey -> save the output somewhere
5. Get TX + ID | masternode outputs -> save the output somewhere

Setup (Remote Server/PC):

6. Install wallet
7. Sync the wallet
8. Edit/Create the Bitradio.conf (Win: C:\Users<username>\AppData\Roaming\Bitradio\Bitradio.conf; Linux ~/.Bitradio/Bitradio.conf) | Add following: daemon=1 server=1 listen=1 masternode=1 masternodeprivkey=<masternode key (Step 4)> externalip=<Server-IP>
9. Restart the wallet

Finalize Setup (Local PC):

10. Open masternode.conf | Tools -> Open Masternode Configuration File
11. Add the new masternode and save | <Masternode Name/Label> <Server-IP>:32454 <masternode key> <masternode outputs tx> <masternode outputs index>
12. Restart the wallet
13. Start the masternode | Go to Masternodes Tab -> Select MN -> Start