MasterbitCoin (MBC)– COIN INFO & MN GUIDE
- Name: MasterbitCoin
- Ticker: MBC
- Algo: NeoScrypt
- Block Time: 180 Seconds
- Block Reward: 10 MBC decreasing by 7% every year
- Max Coin Supply: 25 mln
- Masternode Collateral: 1000
- Masternode start confirmations: 16 Blocks
- Retargeting: Each block, Dark Gravity Wave (DGW)
- Premine: 2%
- Port: 3883
- RPC Port: 3884
- Coin Maturity: 59 Blocks
- Coin Confirmations: 6 Blocks
- Stake Maturity: 120 Minutes
MASTERNODE SETUP GUIDE MasterbitCoin (MBC) V0.12.1.3
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.
- a VPS server with Ubuntu (16.x, 18.x), Debian 9.x (Rent a Server Guide)
- installation directory /root (Install dependencies Guide)
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.
STEP 2 – SETTING UP THE COLLATERAL TRANSACTION
The first step involves sending exactly the needed masternode collateral about 1000 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 1001.00 MBC. 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.
You’ll need to wait for 15 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.
Go to the console within the wallet
Type the command below and press enter
- masternode outputs
- masternode genkey
Go to the tools tab within the wallet and click open “masternode configuration file”
- Fill in the form.
- Type MN01
- Then the IP of your VPS and Portnumber 3883
- Then the
PrivKeyis your masternode private key (This is the genkey)
TxHashis the transaction ID/long key that you copied to the text file.
Output Indexis the 0 or 1 that you copied to your text file.
Example: MN01 127.0.0.1:3883 BuDDDVRiWNCL3RF4bCQvPixRWwPpXj2W1iJaDDJtN64TvvoVS 63a2ba1c72d71507ca5fd54f183e205444bcda031e4aeb90d03ab5aa1ab10a08 1
!Everything in a line with only one space between the phrases!
Click “File Save”
STEP 3 – INSTALL THE MASTERNODE
Paste the code below into Putty terminal then press enter
wget -q https://raw.githubusercontent.com/Brew-master/Masterbit/master/masterbit_install.sh
- bash masterbit_install.sh
Sit back and wait for the install (this will take 10-20 mins)
When prompted to enter your private key – Type the Key From the Step before and ENTER
Update your Nodes with following commands. You will find new Nodes on Graviex.
- systemctl stop Masterbit.service
- nano /root/.masterbitcore/masterbit.conf.
Add following Nodes to the config File.
addnode=22.214.171.124 addnode=126.96.36.199 addnode=188.8.131.52 addnode=184.108.40.206 addnode=220.127.116.11 addnode=18.104.22.168 addnode=22.214.171.124 addnode=126.96.36.199
- Ctrl+o Enter
- sudo masterbitd -daemon
Make sure your wallet is fully synchronized. Type follow commands for check.
- masterbit-cli getinfo
- masterbit-cli mnsync status
Step 4 – Start Masternode
- Reopen the Winwallet
- Click on the Masternodes tab “My masternodes”
- Click start all in the masternodes tab
Check the status of your masternode within the VPS by using the command below:
masterbit-cli masternode status
You should see “Masternode successfully startet”