1) It will take some time before your masternode turns 'active'. When you 'start' a masternode from the gui, you actually just register it with the network. Funny detail is: you'll get masternode rewards from that moment on. But without an actual masternode, that registration will time out in about an hour and payments will stop. The masternode needs to ping the system to tell its alive. Also the 'last active' stats are dependent on those pings. It will take some time for the masternode to start pinging (don't know why) and also for the stats to update. Finally the 'lastpaid' will be set whenever your masternode was selected for a reward. But you won't get actual rewards until block 10,081.

On a successful registration from your controlling wallet, your masternodes debug.log should show "CActiveMasternode::EnableHotColdMasterNode() - Enabled! You may shut down the cold daemon". After a while, you should see it ping: " CActiveMasternode::SendMasternodePing()" in the same logfile.

2) Yes, when you 'start' (register) the masternode, the wallet automatically locks the 10M coins to prevent them from being spent (which is great btw, not all wallets do that).
To check that your coins are locked, you can enable 'coin control' (Settings menu, Options, Wallet) and then on the 'Send' page, use 'Inputs...' to see your inputs (basically thats the individual coins you received). Your 10M input should have a lock symbol next to it.

You're welcome.

@Hangterisaan please don't quote the complete guide. I might edit my own post to fix things, but I won't be able to edit your copy of it. Also it clutters up the thread.
So please use 'edit' and remove (parts of) it, just like Fattox2 did. Thank you.

COLX Masternode installation guide (summary)

For security, you should create a hot/cold setup with TWO wallets:
   - One wallet for the masternode (24/7, so either a VPS or a server in your home). This will be the masternode. IT WILL CONTAIN NO FUNDS!
   - One wallet on your pc. THIS WILL CONTAIN THE FUNDS. You can use it to start the masternode server and then close this wallet.

First install the masternode wallet.
   - It must use the default port: 51572 (and ususally 51573 for RPC);
   - Write down the IP address, you'll need it later;
   - Open ports, NAT, firewall if you need to;
   - Start it. On linux: colxd --deamon
   - Synchonize the blockchain.
   - Stop it to make adjustments later. On linux: colx-cli stop
   - The masternode wallet will stay empty at all times!

Then install your PC wallet:
   - This is just a regular install of the wallet with a GUI
   - Synchonize the blockchain.
Transfer the funds to your PC wallet:
   - Create a new receiving account (File, Receiving Addresses, New), call it 'Masternode 01' or whatever you like.
   - Transfer exactly 10,000,000 to that account (must be one 10,000,000 payment, not mulitple small amounts).
Check your payment:
   - In the console (Tools Menu, Debug Console), use 'masternode outputs'.
   - For valid 10,000,000 payments, it will give you a transaction_id and a transaction_index (usually 0 or 1).
   - Copy/paste these values to textfile, you will need them later.
Create a unique number for your masternode:
   - In the console, use 'masternode genkey'
   - Save it to the textfile, you will need it later.
Enter your masternode details in your PC wallet:
   - Click Tools, Open Masternode Configuration File (or open masternodes.conf)
   - On one line, enter: some name without spaces like MN01 (space) masternode IP:port (space) generated_key (space) transaction_id (space) transaction_index
   - Save the file and restart (I think)

Configure your masternode wallet: edit ColossusCoinXT.conf:
   - Add masternode=1
   - Add masternodeprivkey={the key you generated}
   - (re)start it. On linux: colx-cli stop / colxd --deamon
   - The debug.log should say that the masternode is waiting to be started (from the PC wallet).

Activate the masternode from your PC wallet:
   - Go to page 'Masternodes'
   - Click 'update status' to see
   - Use any of the start buttons to register the masternode with the network.
   - IF IT COMPLAINS ABOUT TXID: Use the console instead: 'masternode start-alias MN01'

Check your masternode wallet:
   - The debug.log should say 'Enabled!'.
   - It will start Pinging the masternode system to keep its registration alive.

YOU CAN NOW CLOSE THE PC WALLET!
   - If you open it, your masternode payments will appear (after block 10.080).

- The 'start' button in the UI did not work for me, but `masternode start-alias {name}` did work.

Else:
- Check the input and index with `masternode inputs` in the wallet that contains the funds,
- Check the masternode privkey matches (should be generated by `masternode genkey`)
- First start masternode, then start from controlling wallet.

Good luck!

I don't think the maturity applies to masternode collateral. Also, in the colx-cli masternode list, masternodes have a lastpaid timestamp, but there are no corresponding payments on the blockchain.

Also, where did you get the 7 days maturity? In the source code, it seems to be 1 hour. https://github.com/ColossusCoinXT/ColossusCoinXT/blob/master/src/main.cpp#L71.

Yes there are. But as it seems, they are not being paid yet. The blockchain shows no masternode payments whatsoever.

You can't compare prices of one year ago with those of today. I guess you didn't buy a PIVX masternode a year ago, and no one forces you to buy a COLX masternode today. Also if you want to, you can still buy cheap masternodes, like Arcticcoin for $59.12.

I do agree with you that COLX masternodes should be cheaper, but for a different reason: at the current price, the max amount of masternodes is limited to about 1000 at which point 83% of all coins would be locked in masternodes. It would be better for decentralization if there could be more masternodes.

In the end, it's not the masternode price that counts, but the Return On Investment (ROI) you'll get. At 600 masternodes (=50% of all coins locked) the ROI would be 6.2% and for 1000 masternodes it would be only 3.7%/year. That could be improved IMO, but reducing masternode price would not help.

- The masternode price has no impact on ROI because for e.g. 1/2 the price, you would get 1/2 rewards = same ROI.
- The block rewards and block time DO have a big impact on the ROI though. By doubling the rewards, or by reducing the block time from 120 to 60 seconds, ROI would double. So would coin inflation of course, but that's quite low for colx: only 1.2M a year on 12000M coins.

On the positive side: this coin has a 5% development budget which at current price (7 sat) is about 10000$/year. It think if COLX can implement a way to submit proposals and have masternodes vote on them, that would be good for the future of this coin.

10M colx is about 0.5 btc and that is actually very cheap for a masternode.

As a comparison, a PIVX masternode is about 7.5 BTC and its ROI only about 5% (see https://masternodes.pro/).

Why did you even take those pre-swap prices seriously? Have you looked at the volumes? They were under 10$. Still you started dreaming about being rich in one day and now feel you're down 50%? Come on. You know that you'll need buyers to buy you expensive coins right? Well, they're just not there. Not yet.

Everyone knows that with the swap in progress, there will be much more sellers and no more buyers except for some masternode buyers. You know what that means: given the price of CV2 (3 sats), 6 sats will be a very reasonable price for COLX for the days to come. Some will even get rid of it for 5 or even 4 sats. So I guess you won't be rich in one day. Deal with it.

While you complain, others will just buy masternodes for around 0.5 btc. At 300 masternodes (which will lock about 25% of the coins) we'll see a ROI of about 12% for this coin:


#COLX masternodes    Yearly ROI
-------------------------------
4                          936%
40                          94%
80                          47%
100                         37%
200                         19%
300                         12%  < 25% coins locked in masternodes
400                          9%
600                          6%
800                          5%
1000                         4%

Adding those nodes was not enough. The wallet tried to reorganize 500 blocks, but that didn't fix things.

I fixed my wallet in the end by following these steps:

1) Close the wallet

2) BACKUP (at least wallet.dat)

3) Remove all config/blockchain files EXCEPT wallet.dat and ColossusCoinXT.conf.

4) Then in ColossusCoinXT.conf replace all old addnodes with these 'clean' ones (although I could only connect to the first 2):

addnode=82.211.30.118:51572
addnode=84.200.16.124:51572
addnode=35.203.147.109:51572
addnode=35.199.165.239:51572

5) Start the wallet and synchronize.

At least my missing SOPool mining payments appeared. Thanks.

Again, using `addnode` is the source of this problem, not a solution. It's adding centralization to a decentralized coin.

Also it won't work unless people also delete their peers.dat. Else these 4 nodes will only be added to the existing list of nodes (including the 'wrong' nodes and in fact, almost all wallets are on the 'wrong' chain at the moment). Finally I don't think the wallet will reorganize more than 100 blocks. If a checkpoint changes that, then we'll probably need that.

Is NovaExchange on the right side of the chain btw? Most transactions will have been to/from them.

Personally, I think the lack of masternodes has caused a lot of 'misbehaving nodes' and disconnects, which then forced us into adjusting the banscore and using addmode=n.n.n.n.

But I think its better to *not* use addnode and let the software decide. Because by having all wallets connect to the same nodes, we have created a wallet 'island', apparently with one or two miners of its own, resulting in these forks.

I compared the hashes from the block explorer with those of my wallet (debug.log).

It seems that there was a chain split (fork) at block 2090:

The hash for #2089 matches (`...de13`), but the hash for #2090 differs (wallet: `...afef`, explorer `...0e12`).

This means that all transactions / payments after block #2089 (2017-09-26 03:05:45) are either in one side of the chain OR the other.


Edit: I now see that it's literally in the log (for blocks #2090 AND (on one side of the chain) #3187):

2017-09-26 04:59:56 ERROR: ContextualCheckBlockHeader: forked chain older than max reorganization depth (height 2090)
2017-09-27 00:47:27 ERROR: ContextualCheckBlockHeader: forked chain older than max reorganization depth (height 3187)

Yes, thank you. It has been resolved.

Not a wallet problem though, because moving money between exchanges also didn't work.
In the log file, I can see that there has been a long time between blocks 197741, 197742 and 197743:
Also curious: The 197742 block has 'dead' at the end. Maybe that was it.

2017-06-19 00:12:15 SetBestChain: new best=0c73420ccf3dc91f078c2ce2ab9ac320fde3fcb3aa50c5cdc37410c84816738c  height=197739  trust=18276935543073955246  blocktrust=422315569453057  date=06/18/17 06:20:16
2017-06-19 00:12:15 ProcessBlock: ACCEPTED
2017-06-19 00:12:15 SetBestChain: new best=64358cfa8a343c7f49cd8087cd9414ef3aebe9bef7fba1e3dd27c398926b8778  height=197740  trust=18277371481726293886  blocktrust=435938652338640  date=06/18/17 06:21:20
2017-06-19 00:12:15 ProcessBlock: ACCEPTED
2017-06-19 00:12:15 SetBestChain: new best=723aa3057b13460fdd3a2b7ac0606b4cb7a36413f42928871b98afb604b5c2e7  height=197741  trust=18277807420378632526  blocktrust=435938652338640  date=06/18/17 06:43:28

# NO BLOCKS BETWEEN 06:43 and 20:25

2017-06-19 00:12:15 SetBestChain: new best=537815b40b07cf23f66960e1d62e33fcf5a29cd41f7620c7c9b379d9347dead6  height=197742  trust=18278012568835284730  blocktrust=205148456652204  date=06/18/17 20:25:52
2017-06-19 00:12:15 ProcessBlock: ACCEPTED

# NO BLOCKS BETWEEN 20:25 and 16:27

2017-06-19 16:32:03 SetBestChain: new best=73d7ab4668fc27a7408b3f23ebd2ac9d69a5cc1f1f803cbf879f9983138cf9a7  height=197743  trust=18278109109727562238  blocktrust=96540892277508  date=06/19/17 16:27:12
2017-06-19 16:32:03 ProcessBlock: ACCEPTED
2017-06-19 16:32:03 SetBestChain: new best=ee61c087084ed01e3e8fdde8541da361b01d4e9fa5c9679d282c71117ece97cc  height=197744  trust=18278154540805623181  blocktrust=45431078060943  date=06/19/17 16:27:28
2017-06-19 16:32:03 ProcessBlock: ACCEPTED

I'm having trouble sending FOOT from one wallet to some others. Been 12 hours ago and my exchange wallet and my own wallet both report the transactions, but get 0 confirmations.

It seems that there are only 3 nodes running at the moment. I could run one, but I'd need to get some FOOT in there first

Interesting article, describes why anonymity will get more and more important for cryptocoins this year:

https://medium.com/santiment/transformation-in-crypto-the-start-of-year-2017-5ca108fb772b

Promising times may be ahead for VERGE. IF we're ready for that. For now there seem to be some loose ends here and there. Remember you don't have to do this alone dev. Just ask the community to work together. We can do this.

All right... so since a couple of weeks, I am a multivergillionaire .

It might sound strange, but until six weeks ago I did not even know that crypto currencies existed.

A friend told me about bitcoins going up, I started reading about crypto currencies, public ledgers and anonymity and then, on https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/ I read these comments on Verge:

• "Whatever ZCash is proposing VERGE is already at it. Dash and Monero even though on huge premium prices don't come close to the anonymity you've got with Verge."
• "This [Verge] is the only coin to have an electrum wallet that connects directly to i2p nodes. It's the only anonymous coin that exists today."
• "For those who want the real deal Verge is always there."

Honestly, that made me buy a lot of XVG without hesitation.

To be honest, I cannot believe how Verge basically went unnoticed last year while other privacy-centric currencies exploded. It is just so undervalued. I also believe that that is about to change: the world needs privacy-centric currencies more than ever and it deserves it. And it will find Verge to be the #1.

I do think however that we need to spread the word. As I said, a few remarks on a web page were enough for me to find Verge. Also lets be mature and polite. So lets not spam the Poloniex trollbox begging them to add XVG to their exchange, but just fill in the https://poloniex.com/coinRequest request form (once). There's no need to beg, Polo will want to list XVG when more people start buying/trading it.
For that to happen though, some more info would be nice. Like background info about the relatively large coin supply and its consequences. Comparisons to other currencies. A manual on how to use Verge in an anonymous way. An explanation on Verge vs masternodes/segwit/{other trending stuff} so people can learn and understand. A roadmap with upcoming functionality, planned releases...
I'm not sure I can personally contribute to any of those things, but following up on daggerpunt and chilly2k (other thread) I am willing to make a 1.000.000 XVG donation to get things started.

Finally: although it's good to see volumes and prices going up, this is not about the XVG value for our own profit. This is about delivering a high level of protection and privacy to a world that needs it.

Great product, great developer, great community!

Good luck everyone, and thank you Dogedarkdev for all the work you're putting into this!