MASTERNODE SETUP GUIDE

Tools Needed Before Hand.

  • Internet Access
  • Penguin Coin Wallet download here
  • Putty download here
  • Notepad Opened
  • 5 Million New Penguin Coin (One coin extra for transfer fee)
  • please…..Patients

You will get the best results if you do this in one sitting. There is a chance that the 5 Million coins masternode collateral will stake and split the transaction. If that happens you will have to do step 1.6 again.

1. INITIAL WALLET SETUP

1.1 Download the latest wallet for your operating system which is available in our wallets repository.
1.2 Launch the wallet and allow it to synchronize 
1.3 Go to File, and Receiving Addresses – create a new wallet address called masternode1

Copy the address by right-clicking and selecting “Copy Address”
1.4 Send EXACTLY 5,000,000 coins to masternode1 wallet by pasting the copied address.
Note: This has to be sent in ONE transaction. 
Wait for at least 1 conformation
1.5 Click on debug console found in tools 

1.6 Type masternode genkey  and copy the generated key and paste it to notepad
**(DO NOT GIVE OUT YOUR PRIVATE KEY)**
1.7 Go back to debug console and type masternode outputs 
1.8 Copy the txhash id and output id and paste in your notepad. Close the console.

2. GET A VPS (MASTERNODE SERVER)

We recommend renting a VPS with www.vultr.com because they are fast and cheap.

2.1 Create an account:

2.2 Deploy a new server
2.3 Choose a location close to you for a faster connection
2.4 Choose Ubuntu 16.04 x64 as operating system and take the 5$ server size. This is sufficient.

2.5 Create a Server Host name masternode1 the Label will fill out automatically.

2.6 Click “Deploy now”
The server is now being started. Please wait until the status is “Available”.
2.7 Click the server name and copy the IP-address and password via the copy buttons. Paste into notepad for future reference.

3. SETUP THE MASTERNODE CONFIG FILE

3.1 Go to open masternode configuration file in the wallet, also found on the ‘tools’ menu 
Here you will see the format and an example ( these three lines are comments so they have no effect ) You will be putting this information below the example line

3.2 You may remove everything in this file and add your own real working node details if you choose.
3.3 Type in masternode1 SPACE
3.4 Type in IP Address:3182 SPACE (IP Address is your Vultr IP)
3.5 Copy and paste your Genkey from notepad. SPACE
3.6 Copy and paste your TXhash ID from notepad SPACE
3.7 Type in your Output ID ( Usually a 0 or 1)

Example below
masternode1 127.0.0.1:3182 2s4YXvUVvdhLPQu4ttNPPcugtnrkPhmEoJokzTUffrD3HeLsMsN 680921904af4d5174e18b832f378d10a82d258e39d122e63799ffac5cb7ecd8d 0

3.7 Once complete, save the file 
3.8 Restart the wallet

4. CONFIGURE YOUR MASTERNODE

Depending upon which operating system you are using, follow the correct section:

4.1 Install PuTTY and run it.
You will be greeted with the following page

Fill the Host name field with the IP address you previously copied and click “Open”.
You will see a popup asking you if you trust this host. Choose Yes! ( this will only be asked once ).

Login as “root”. Hit ENTER
Copy the password from your server and right click on the green square. ENTER.
You are now logged into your server: 

4.2 Mac/Linux - Terminal ( preinstalled )

You can find Terminal by following the steps:
Go to Finder, Applications then click on utilities, then you’ll find the terminal there. 

Type: ssh root@YourMasternodeIPaddress. ENTER.
You are now logged into your server.

4.3 GENERAL STEPS

Now let’s use the power of the auto install script provided by our amazing developer.
Remember that you can copy the text below and paste it in to the server via RIGHT-MOUSE click for PuTTY, or CMD-V for MAC
Type:  wget http://149.28.12.158/releases/peng_mn.sh ENTER
Type:  chmod +x peng_mn.sh ENTER
Type: ./peng_mn.sh ENTER 

Follow the prompts in the window and type y to everything
Enter your private key from step 1.6 when asked for private key ENTER
Your VPS is now done, you can close the window

4.4 GO BACK TO THE WALLET

Go to your wallet and go to the masternode page.
Open Debug Console
Copy and Paste startmasternode alias false masternode1
It should return a message of – Successfully started 1 masternode

Congrats, you are running a Masternode

If you have any problems please contact an Admin in Telegram

Copyright 2018 – Penguin Coin – All Rights reserved

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