GossipCoin (GOSS)

GossipCoin (GOSS) – Coin Info & MN Guide V2.2.1

Coin specification:

GOSSIP 2.0 Blockchain – Online 22.03.2019 

  • Name: GOSSIP-Coin
  • Ticker: GOSS
  • Algo: Quark
  • Block Time: 90 Seconds
  • Difficulty Retargeting: 90 Seconds
  • Max Coin Supply: Infinite
  • Masternode Collateral: 9999
  • Masternode start confirmations: 16 Blocks
  • Port: 23677
  • RPC Port: 23679
  • Coin Maturity: 59 Blocks
  • Coin Confirmations: 6 Blocks
  • Stake Maturity: 120 Minutes

Coin Info:


Coin Listings:

Shared masternode service:

Masternode Setup Guide GossipCoin V2.2.1

HOT+COLD Wallet setup Windows & Linux VPS

Also, there are other setup guides out there and they take different approaches and place files in different directories…. jumping between guides is not recommended unless you’re an experienced Linux user and can easily and account for the differences in paths and commands. In such cases we can’t support you! We are this steps from this guide. When you’re doing other, don’t ask about support.

Step 1 – Download and sync the Windows wallet

Here are the download links.

The most common is the Windows 64-bit Installer. After the installation and starting the new wallet it needs some time to find network connections to other nodes. Please be patient for a moment.

Win 64bit InstallerWin 64-bitWin 32-bitMacOSXLinux 64-bit
Step 2 – Setting up the collateral transaction

The first step involves sending exactly the needed masternode collateral about 9999 to a new wallet address. You’ll want to have a small amount above to cover the transaction fee, so you’ll need to have a starting balance of at least, say 10.000 GOSS. First, we’ll create a new wallet address to hold the collateral.

In the QT wallet, choose: File->Receiving addresse… and give it a label, such as MN01

Click Request Payment to create the address. You’ll see the new address. Choose Adddress Copy to store that address in the clipboard.

Click Close to exit the receiving address dialog. Now we’ll send the collateral amount to the address you just created.

Under the Send tab, paste the address that you copied into the Pay To: field. The Label field should pre-populate with the label you gave it earlier, in this case, MN01 and in the Amount: field, enter the actual collateral

Click Send and your transaction will be broadcast to the network

You’ll need to wait for 20 confirmations (the current number of confirmations is viewable in the Transactions tab before the masternode will fully activate. But now wait at least 1 confirmation before you follow the guide.

We can start working through the rest of the setup in the meantime.

All is clear till now? This part was successful? When yes go to the next step, when no start over. All steps are easy and clear. Read, understand and do it.

Step 3 – Generate the masternode entry and the RPC user and password

Next, we need to the Masternode tab in the wallet and click the Add Masternode button.

Fillout your alias name (in our example MN01), your VPS server IP address with the port (, the private key, output and output ID will be filled out automatically when you press the buttons Autofill Privkey and Autofill Outputs.

Go to Tools –  Open Wallet Configuration File

Put this in your wallet config file, change the username and password to your own, take care that you have no blanks, spaces or a newline in the file. Save and close the text file after editing.

You can use the online password generator for the username and password. You musn’t remember this. https://www.random.org/passwords/


Open the Masternodes tab in the wallet and click Add Masternode (be sure that you 9999 transaction have at least 1 confirmation.

Click Autofill Privkey and Outputs, the fields will be filled automatically. Copy the Privkey in a text file.

Fill the alias Name (MN01) and add the IP address from your Linux VPS server with the port ( and click OK.

Restart your wallet (close and open).

Step 4 – Setting up a Linux VPS

You will choose a VPS provider which you like. You are paying more than 5$ per month for you server? Be not so lazy and search, you will find nice providers from 2.50$/month. You not need “special” security extras, like DDOS protection.
Use fail2ban and the UFW firewall for security hardening. But what I’m telling you, when you install you’re masternode manually, you know this all.

Be patient with other different masternodes on one server. My suggestion is, run not more than four masternodes on one machine with 1GB memory. 

This hardware specs are enough for a stable masternode: 1024 MB (1GB RAM), 20 GB disc, 1 CPU

Step 5 – Logging into your VPS with PuTTY

To access the VPS, we need to use a protocol called SSH. An SSH session will give you command-line access to your VPS and will be the mechanism we use for running commands on the Linux machine. We’ll use a program called PuTTY. (For OSX users, you can use your Terminal and just run the command ssh root@<YOUR VPS IP ADDRESS>)

The latest version of PuTTY can be downloaded from here. Install PuTTY and run it. Once open, you’ll see the standard PuTTy interface: Under Host Name, enter the IP address for your VPS.

You’ll likely see a security alert listing the ssh key fingerprint, choose Yes. Next up, you’ll see the login prompt for your VPS.

Note that in PuTTY, a right-click will paste the contents of your clipboard. So if you’re copying and pasting the root password, a right-click will paste. You won’t see any *’s or feedback for the password when you paste it, so just hit Enter after pasting. If you get an Access Denied message, double-check your root password and try typing it in manually rather than pasting.

Step 6 – Install the Masternode

Download the wallet:

wget https://bitbucket.org/GOSSIPCOIN/gossip/downloads/gossip-2.2.1-x86_64-linux-gnu.tar.gz

Uncompress the archive, remove the not needed archive and make the files executable:

tar -xvf gossip-2.2.1-x86_64-linux.tar.xz
cp gossip-2.2.1-x86_64-linux/goss* .
sudo chmod +x goss*
rm -R gossip-2.2.1-x86_64-*

Create the data directory and go inside:

mkdir .gossip && nano .gossip/gossip.conf

Copy and paste the following parameters in this file (for IP v4 IP addresses):

masternodeprivkey=Your QT wallet generated this key. Copy and paste it here

IP v6 config file example:

bind=[YOUR v6 address]
masternodeaddr=[YOUR v6 address]:23677
masternodeprivkey=Your QT wallet generated this key. Copy and paste it here

Start your node:


Now we must wait for the full synchronization. Check the synced blocks with the actual block count. You can find it in your Windows wallet under Tools –> Information

./gossip-cli getblockcount

When you can see that the blockcount is on the Linux server the same like in the Windows wallet, your server is in sync. 

Activate the Masternode. Return to your Windows wallet. 

NOTE, before clicking start, make sure your transaction has AT LEAST 16 confirmations, you can check the number of confirmations by hovering the mouse cursor over the transaction in the Transactions tab.

Go to the Masternodes tab, right click your masternode and click Click the Start Alias.

Check the Masternode status:HTML

 ./gossip-cli masternode status

We can see: “Masternode successfully started”


When not? Check your IP address and masternode private key from the Linux server and the windows wallet.

2 thoughts on “GossipCoin (GOSS)

  1. Hello,

    this looks good. Please update to the last stable version, it’s 2.2.1 and remove the addnodes from the config file. We have IPv4 and IPv6 DNS seeders, so we not need to add static noes.

    Best Regards,

  2. Hello Steven,

    thanks for your feedback. The instructions are now up to date (V2.2.1.)

    Best Regards,

Leave a Reply

Your email address will not be published.