PEPEPOW Masternodes
Masternodes play a crucial role
A Masternode is a dedicated server on the PEPEPOW Crypocions network that performs advanced functions beyond the capabilities of regular nodes. These functions include instant transactions, decentralized governance, and the implementation of privacy features.
Masternodes play a crucial role in the PEPEPOW Crypocions ecosystem, providing essential services and functionalities that contribute to the network’s security, stability, and efficiency. By running a Masternode, participants have the opportunity to actively engage in the network and earn rewards for their contribution.
Benefits of Running a Masternode
Rewards
Masternode operators are rewarded with PEPEPOW Crypocions tokens for their service to the network. These rewards serve as an incentive for maintaining a robust and reliable Masternode.
Governance
Masternode operators have the opportunity to participate in the decentralized governance of the PEPEPOW Crypocions network. They can vote on important proposals and decisions, contributing to the evolution and development of the ecosystem.
Enhanced Security
Masternodes play a vital role in securing the network by validating and relaying transactions. Their presence helps prevent various attacks, ensuring the integrity and trustworthiness of the blockchain.
Privacy Features
Masternodes enable the implementation of advanced privacy features such as PrivateSend, which enhances transaction privacy and anonymity on the network.
Installation Guide for Masternode
Installation Guide for Masternode on Windows
Introduction
PEPEPOW is a decentralized blockchain project that combines innovation, transparency, and community engagement. Below is a comprehensive guide to setting up a Masternode on Windows.
Requirements
- 10 million PEPEW coins.
- Wallet program (downloadable from the PEPEPOW GitHub).
- A computer that is always online.
- A static IP address.
Step-by-Step Installation
Install the Wallet Program
- Download and install the QT Wallet from the official GitHub page.
- Allow the wallet to fully synchronize (this may take several hours).
- If synchronization issues arise, refer to resources on the PEPEPOW website or Discord.
Find Your Wallet Address
- Open the wallet, navigate to File > Receiving Addresses.
- If no address exists, create a new one.
Transfer PEPEW Coins
- Send exactly 10 million PEPEW coins to your address in a single transaction.
- Ensure the receiving wallet address has a zero balance before transferring.
Enable the Masternode Tab
- Open the wallet, go to Settings > Options > Wallet.
- Enable the Masternode tab and restart the wallet.
Find Masternode Output and Private Key
- Open Tools > Debug Console and enter the following commands:
masternode outputs
(to get the transaction output).masternode genkey
(to generate the private key).
- Open Tools > Debug Console and enter the following commands:
Edit
PEPEPOW.conf
- Navigate to Tools > Open Wallet Configuration File and add the following lines:
masternode=1 masternodeprivkey=<Your_Private_Key> externalip=<Your_Static_IP>
- Navigate to Tools > Open Wallet Configuration File and add the following lines:
Edit
masternode.conf
- Navigate to Tools > Open Masternode Configuration File and input:
<Node_Name> <Static_IP>:8833 <Private_Key> <Transaction_Output>
- Navigate to Tools > Open Masternode Configuration File and input:
View Configured Masternodes
- Go to the Masternode screen > My Masternodes to verify your configuration.
Start the Masternode
- Click the Start All button and confirm the action.
- Check if your node is listed with the status ENABLED.
Verify Status
- Open Debug Console and input:
masternode status
- Ensure the response shows Successfully STARTED.
- Verify on the PEPEPOW Explorer.
- Open Debug Console and input:
Receive Rewards
- The first reward will be credited approximately 24 hours after your Masternode is in ENABLED status.
Masternode Setup Guide (Ubuntu/Linux)
Requirements
- Virtual machine with a static IP address and SSH access.
- 10 million PEPEW coins.
- Latest PEPEPOW wallet from GitHub.
Step-by-Step Installation
Establish SSH Connection
ssh -i <Your_Private_Key>.key user@<Your_IP_Address>
Download and Extract Wallet Files
For ARM64:wget -c https://github.com/MattF42/PePe-core/releases/download/v2.6.2.12/PEPEPOW-v2.6.2.12-b837f88-release-aarch64-linux-gnu.tgz -O - | tar -xz
For X64 (QT-gui):
wget -c https://github.com/MattF42/PePe-core/releases/download/v2.6.2.12/PEPEPOW-v2.6.2.12-b837f88-release-x86_64-linux-gnu.tgz -O - | tar -xz
Synchronize the Wallet
./PEPEPOWd -daemon
Check Synchronization Status
./PEPEPOW-cli getblockcount
Obtain Wallet Address and Transfer Coins
./PEPEPOW-cli getaccountaddress "" ./PEPEPOW-cli getbalance
Generate Masternode Output and Private Key
./PEPEPOW-cli masternode outputs ./PEPEPOW-cli masternode genkey
Edit Configuration Files
- Install Nano if not available:
sudo apt update -y sudo apt install nano cd .PEPEPOWcore nano PEPEPOW.conf nano masternode.conf
- Add the necessary details to
PEPEPOW.conf
andmasternode.conf
.
- Install Nano if not available:
Restart the Wallet and Run Masternode
./PEPEPOW-cli stop ./PEPEPOWd -daemon ./PEPEPOW-cli masternode start-all
Verify Masternode Status
./PEPEPOW-cli masternode status ./PEPEPOW-cli masternodelist info "<Your_IP>"
Download Wallet Backup
scp -i <Your_Private_Key>.key ubuntu@<Your_IP_Address>:/home/ubuntu/.PEPEPOWcore/wallet.dat C:\Users\<Your_User>\Downloads\wallet.dat
This guide provides the complete steps for setting up a PEPEPOW Masternode on both Windows and Linux platforms. Follow these instructions to securely configure and operate your node while earning rewards!