MASTERNODES PART II
MARKEducation: How to Run A Masternodehttps://www.mark-mining.com How to Run A MasternodeThe Hosting of a Masternode needs a server with a dedicated internet connection. You will need to consider a Self-Managed VPS platform with support for backup and a simple to use interface.
An additional hurdle you need to hit here is the requirement of a high minimum operational coin balance attached to your wallet. Once coins are transferred to your wallet with the minimum quantity you are set to go.
Here is a short tutorial on how to configure a Masternode:
• Purchase minimum required amount of coins from an exchange, like from MARKSwap
• Install a wallet on the device of your choice, then synchronize it with the blockchain. (Some wallets could enable you to transfer the information as separate files that permit you to speed up synchronization).
• Send cryptocurrency to your wallet address.
• Set up receiving cryptocurrency address in your node wallet and remit the coins to your Masternode address. (This step permits you to get non-public keys and additional information needed for the setup procedure.).
• Now, set-up your node, you can use a private server at your home or by using a service provider like MARKMining who takes care about all the configurations and required security settings and maintenance works, or a server hosting company like DigitalOcean are some of the best selections to run this operation.)
• Upon building, putting in and configuring nodes to your wallet, fire up your server. (Allow the nodes to synchronize with the blockchain. Masternode should be set up in your desktop wallet.)
After following these instructions properly your Masternode will start earning you rewards.
Author Toni Tiger (TokenBit)
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