PEPEPOW Masternodes

Masternodes play a crucial role

Earning rewards from governance

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

Earning rewards from governance

 

Introduction

PEPEPOW is a decentralized blockchain project focused on innovation, transparency, and community participation. This guide walks you through setting up a Masternode on both Windows and Linux (Ubuntu) systems.


Requirements

  • 10,000,000 PEPEW coins (New tiered  25M/50M/100M PEPEW coins)
  • PEPEPOW wallet software (download here)
  • A computer or server that can run 24/7
  • Static IP address

Windows Masternode Installation Steps

  1. Install the Wallet
    • Download and install the QT Wallet from the official GitHub page.
    • Allow the wallet to fully sync (can take several hours).
    • If you encounter sync issues, refer to the PEPEPOW website or Discord.
  2. Get Your Receiving Address
    • In the wallet: File > Receiving Addresses.
    • If no address exists, create a new one.
  3. Send Collateral
    • Send exactly 10,000,000 PEPEW to your address in one single transaction.
    • The receiving address must have zero balance before the transfer.
  4. Enable the Masternode Tab
    • Go to Settings > Options > Wallet.
    • Enable the Masternode tab and restart the wallet.
  5. Get Masternode Output & Private Key
    • Go to Tools > Debug Console and run:
      masternode outputs
      masternode genkey
  6. Edit PEPEPOW.conf
    • Tools > Open Wallet Configuration File, add:
      masternode=1
      masternodeprivkey=<Your_Private_Key>
      externalip=<Your_Static_IP>
  7. Edit masternode.conf
    • Tools > Open Masternode Configuration File, add one line:
      <Node_Name> <Static_IP>:8833 <Private_Key> <Transaction_Output>
  8. Verify Your Masternode
    • Go to the Masternode tab > My Masternodes to check your setup.
  9. Start the Masternode
    • Click Start All and confirm.
    • Status should show ENABLED.
  10. Check Status
    • In Debug Console, type:
      masternode status
    • Should show Successfully STARTED.
    • Also check on the PEPEPOW Explorer.
  11. Receive Rewards
    • The first reward is credited about 24 hours after your Masternode is ENABLED.

Ubuntu/Linux Masternode Installation Steps

  1. Connect to Your Server
    ssh -i <Your_Private_Key>.key user@<Your_IP_Address>
  2. Download & Extract the Wallet
    • Linux (AARCH64):
      wget -c https://github.com/MattF42/PePe-core/releases/download/v2.7.1.7/PEPEPOW-v2.7.1.7-b19e6a1-release-aarch64-linux-gnu.tgz -O - | tar -xz
    • Ubuntu/linux(x86_64):
      wget -c https://github.com/MattF42/PePe-core/releases/download/v2.7.1.7/PEPEPOW-v2.7.1.7-b19e6a1-release-x86_64-linux-gnu.tgz -O - | tar -xz
  3. Start Wallet and Sync Blocks
    ./PEPEPOWd -daemon
  4. Check Sync Progress
    ./PEPEPOW-cli getblockcount
  5. Get Wallet Address & Balance
    ./PEPEPOW-cli getaccountaddress ""
    ./PEPEPOW-cli getbalance
  6. Generate Masternode Output & Key
    ./PEPEPOW-cli masternode outputs
    ./PEPEPOW-cli masternode genkey
  7. Edit Configuration Files
    • If needed, install Nano:
      sudo apt update -y
      sudo apt install nano
    • Go to wallet folder and edit files:
      cd .PEPEPOWcore
      nano PEPEPOW.conf
      nano masternode.conf
    • Fill in your private key, IP, and output data.
  8. Restart Wallet & Start Masternode
    ./PEPEPOW-cli stop
    ./PEPEPOWd -daemon
    ./PEPEPOW-cli masternode start-all
  9. Check Masternode Status
    ./PEPEPOW-cli masternode status
    ./PEPEPOW-cli masternodelist info "<Your_IP>"
  10. Backup Your Wallet
    scp -i <Your_Private_Key>.key ubuntu@<Your_IP>:/home/ubuntu/.PEPEPOWcore/wallet.dat C:\Users\<Your_User>\Downloads\wallet.dat

Using a Third-Party Masternode Hosting Service

If you can’t run a 24/7 server, you may use a third-party Masternode provider:


Follow this guide to securely set up and operate your PEPEPOW Masternode and start earning rewards!
If you need help, join the PEPEPOW Discord community.

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