Masternode setup


  • administrators

    masternode full, you need:

    • pc and internet on 24/7
    • ip static (public ip valid)
    • 2500.0001BRO

    on local pc:
    in the wallet in the menu: help> debug
    on console tab:

    getnewaddress <label for node>
    copy new address
    *save on notepad or email... but save. ok?

    sendtoaddress <address generated> 2500

    and wait confirmations

    after confirmations return console tab:

    masternode genkey
    *save key generated

    on console:
    masternode outputs
    *save outputs

    go to server masternode
    windows:
    on masternode pc create file: C:\Users<username>\AppData\Roaming\Bitradio\Bitradio.conf
    linux:
    on masternode pc create file: /home/<username>/.Bitradio/Bitradio.conf

    add on file:

    daemon=1
    server=1
    listen=1
    masternode=1
    masternodeprivkey=<key genereted>
    externalip=<ip static (ip of vps/dedicated server)>

    *save and close file

    Return to local pc...

    windows:
    on local pc create file: C:\Users<username>\AppData\Roaming\Bitradio\masternode.conf
    linux:
    on local pc create file: /home/<username>/.Bitradio/masternode.conf

    add on file:
    MN1 <static ip>:32454 <key generated> <outputs> <number after ":" on ouputs>

    save and close file

    restart wallet client

    On wallet go masternodes > my master node
    and select and start

    (For a masternode with VPS look at: https://github.com/MinseokOh/bro_qtbuild)



  • NOW FOR THE 2500!!! im only at 202 atm after the crowdsale payout...my olny question is coinmarket cap right in saying that 10 mil is max!!!! will the block payout get much smaller????



  • @lorilian1
    I'm afraid so.
    Dash is similar as well; they have more than 4500 masternodes, and block rewards for masternodes are fixed at 45%; whether you have 10 masternodes or 4500 masternodes, you have fixed block rewards. Now what promoted the increase of the masternodes is the rising price of dash coin, so even if you get less, the rising price made it up.

    Hopely, it will be the same case with Bitrad, however, block rewards for Bitrad masternode is much smaller at 10%, where rest of the 80% goes to radio listeners and 10% goes to coin holders.



  • wow thanks so you mean 10% is staking????



  • Yes, 10% PoS, 10% Masternode, 80% to radio station listeners.



  • How can I run 2 or more master nodes?
    I do exactly the same operation again and my first node stops working



  • @Dizz888 are you trying to use the same ip address? if yes, it won't work this way.



  • @wiewiorka
    no absolute different ip address



  • @Dizz888 ok, my other guess is that you're using the same 2500 bro (or maybe part of this 2500 bro) to set up the 2nd master node. If you switch on coin control feature can you make sure you have separate 2500 bro for each master node?



  • @wiewiorka said in Masternode setup:

    coin control

    how can I enable coin control?
    I tried this command "coin control" it does not work



  • @wiewiorka

    all i figured out how to include coin control
    Thank you


Log in to reply
 

Looks like your connection to Bitrad.io was lost, please wait while we try to reconnect.