Masternode - Revision history

Martin8617: /* Option 2 - Ownernode and Operatornode at "Home" */ add link to Raspberry Pi page

2022-09-11T13:29:16Z

Option 2 - Ownernode and Operatornode at "Home": add link to Raspberry Pi page

Misterpiggie49: Grammar, spelling

2022-01-29T16:07:22Z

Grammar, spelling

Philler82 at 09:15, 27 December 2021

2021-12-27T09:15:09Z

Philler82: small spelling/comma correction

2021-12-27T09:13:10Z

small spelling/comma correction

Robin Torque at 14:14, 11 March 2021

2021-03-11T14:14:16Z

Stonygan at 18:54, 10 March 2021

2021-03-10T18:54:44Z

Stonygan at 09:31, 28 February 2021

2021-02-28T09:31:44Z

Yannick at 22:05, 26 February 2021

2021-02-26T22:05:22Z

Stonygan: /* Option 3 - Ownernode and Operatornode in a datacenter */

2021-02-26T20:23:44Z

Option 3 - Ownernode and Operatornode in a datacenter

Stonygan at 20:21, 26 February 2021

2021-02-26T20:21:42Z

@@ Line 36: / Line 36: @@
 In this scenario you have two nodes or wallet apps in your home network. One machine acts as the ownernode and holds the Collateral of 20,000 DFI. This can be your Macbook, Laptop or Personal Computer. You start this machine, when you need it, only to transfer some token or use the DEX, LM or send Rewards to another address.
-The other machine is your Operatornode. This can be another Laptop or PC or Raspberry or a home server. You only need the actual nodeversion on it. No collateral, no wallet app required. You can open Port 8555 in your router to this machine to present network services and make this node public for other nodes.
+The other machine is your Operatornode. This can be another Laptop or PC or [[App on Raspberry-Pi|Raspberry]] or a home server. You only need the actual nodeversion on it. No collateral, no wallet app required. You can open Port 8555 in your router to this machine to present network services and make this node public for other nodes.
 Because this Node has no coins or tokens, the security risk is much less than in option 1.
@@ Line 54: / Line 54: @@
 * Open port 8555 externally for everyone to your Home-Network.
 * An unstable or slow internet connection (upload) is bad for the stability of the network
 ==== Option 3 - Ownernode and Operatornode in a Data Center ====

@@ Line 1: / Line 1: @@
-== Defichain Masternode ==
+== DeFiChain Masternode ==
-In January 2021, the Masternode- and Stakeholders decide in [https://github.com/DeFiCh/dfips/issues/6 DFI Proposal #4] to reduce the Collateral for one Masternode to 20000 DFI.
+In January 2021, the Masternodes decided in [https://github.com/DeFiCh/dfips/issues/6 DFI Proposal #4] to reduce the collateral for one masternode to 20,000 DFI from 1,000,000 DFI.
-At March 1, 2021, the Hardfork named DAKOTA was implemented in Block 678000 and reduce the Collateral.
+On March 1, 2021, the hard fork named DAKOTA was implemented in Block 678,000 and finally reduced the collateral.
+There are several ways to operate a Masternode in the DeFiChain Network.
 ==== Option 1 - Ownernode at "Home" ====
-The first possibility is to run the Masternode on a Personal Computer, Laptop or Apple MacBook or something similar in your Home-Network. You can place the hardware, in your office, living room or in your childs room. You can decide what is your favorite.
+The first possibility is to run the Masternode on a Personal Computer, Laptop or Apple MacBook or something similar in your Home Network. You can place the hardware, in your office, living room or even in your child's room. You can decide.
 The only things you need:
-* internet connection (no static IP needed)
+* Internet connection (no static IP needed)
-* any hardware with installed APP-Wallet
+* Any hardware with installed app/wallet
-* 20000 DFI in this Wallet for the Node, 11 DFI for creation and Fees.
+* 20,000 DFI in this Wallet for the node, 11 DFI for creation and fees.
@@ Line 39: / Line 34: @@
 ==== Option 2 - Ownernode and Operatornode at "Home" ====
-In this scenario you have two Nodes or APP-Wallets in your HOME-Network. One machine act as the Ownernode and held the Collateral of 20.000 DFI. This can be your Macbook, Laptop or Personal Computer. You start this machine, when you need it, only to transfer some Token or use the DEX, LM or send Rewards to another address.
+In this scenario you have two nodes or wallet apps in your home network. One machine acts as the ownernode and holds the Collateral of 20,000 DFI. This can be your Macbook, Laptop or Personal Computer. You start this machine, when you need it, only to transfer some token or use the DEX, LM or send Rewards to another address.
-The other machine is your Operatornode. This can be another Laptop or PC or Raspberry or a Home-Server. You only need the actual Nodeversion on it. No Collateral, no Wallet-APP. You can open Port 8555 in your Router to this machine to present Networkservices and make this Node public for other Nodes.
+The other machine is your Operatornode. This can be another Laptop or PC or Raspberry or a home server. You only need the actual nodeversion on it. No collateral, no wallet app required. You can open Port 8555 in your router to this machine to present network services and make this node public for other nodes.
-Because this Node has no Coins or Tokens, the security risk is much less than in scenario 1.
 '''Pros:'''
@@ Line 52: / Line 48: @@
 '''Cons:'''
-* When your Operatornode is offline or your internet connection is down, you can't participate in the network and staking - no rewards in this time.
+* When your Operatornode is offline or your internet connection is down, you cannot participate in the network and staking - there are no rewards in this time.
-* Hardware for Home mostly not suitable for 24/7 continuous operation (Power Supply, SSD or another disc etc.) Risky for hardware damage.
+* Hardware for home is not very suitable for 24/7 continuous operation (Power Supply, SSD or another disc etc.) Risky for hardware damage.
-* Need another hardware for the Operatornode
+* Need another device for the Operatornode
 * You need a static IP-Address to present your Node in the Network.
 * Open port 8555 externally for everyone to your Home-Network.
@@ Line 60: / Line 56: @@
-==== Option 3 - Ownernode and Operatornode in a datacenter ====
+==== Option 3 - Ownernode and Operatornode in a Data Center ====
-The preferred scenario is a Hot/Coldwallet solution with the Operatornode "in the Cloud". Your APP-Wallet run at your own machine at home like in option 2. In best case with Ledgersupport as a "Cold-Wallet".
+The preferred scenario is a Hot/Cold wallet solution with the Operatornode "in the Cloud". Your APP-Wallet run at your own machine at home like in option 2. In best case with Ledgersupport as a "Cold-Wallet".
-This Wallet contains the Collateral of 20.000 DFI and must only active when you want to act with your Wallet or Node.
@@ Line 72: / Line 70: @@
 * No Port Forwarding needed at Home.
 * High Availability, 24/7 Infrastructure and redundant Internet Connection for your Masternode (Operatornode)
-* Full Service for the Defichain Network: High Availibilty Node with redundant hardware and Internet Connection stabilize the Network and is a boost for the decentralization.
+* Full Service for the DeFiChain Network: high-availability node with redundant hardware and internet connection stabilizes the Network and is a boost for the decentralization.
 '''Cons:'''
-* VPS needed in a datacenter and some knowledge to handle and update it.
+* VPS needed in a data center and some knowledge to handle and update it.
 == Masternode Issues ==
 === I have found a block, but the rewards are not apparent ===
 Problem:
@@ Line 89: / Line 86: @@
 [[File:Bildschirmfoto 2021-03-11 um 12.59.10.png|center|900x900px]]
+Mining Rewards are displayed correctly in the explorer.
 [[File:Bildschirmfoto 2021-03-11 um 13.02.19.png|center|900x900px]]
 [[File:Bildschirmfoto 2021-03-11 um 13.04.39.png|center|900x900px]]
 The balance in the Wallet is smaller than the distributed rewards.
@@ Line 104: / Line 99: @@
 DFI Rewards are only released after a certain block time has elapsed. To see the coins that have not been released yet, you need to enter the following code in the console: <code>getbalances</code>
 [[File:Photo 2021-03-11 14-55-26.jpg|center|thumb|780x780px]]
 After the expiration of the blocking period, the coins will be displayed correctly in the wallet.

@@ Line 31: / Line 31: @@
 * When your machine is offline or your internet connection is down, you can't participate in the network and staking - no rewards in this time.
-* If you want to make the Internet more stable with your masternode and want to offer services for other nodes, you have to open port 8555 externally for everyone.<sup>1</sup>
+* If you want to make the network more stable with your masternode and want to offer services for other nodes, you have to open port 8555 externally for everyone.<sup>1</sup>
-* When you open the Port, you present your wallet.dat to the public internet, maybe A possible target for attackers.
+* When you open the Port, you present your wallet.dat to the public internet, maybe a possible target for attackers.
 <small>[1] You do '''NOT''' have to open the Port to participate in staking, but without this open port, you don't help to stabilize the Network and no one can use your node for synchronization or other implemented features</small>

← Older revision		Revision as of 09:13, 27 December 2021
Line 7:		Line 7:


−	Now it is time for the Holders of DFI, to make the network more stable, let decentralization grow and participate in the network with operate a own Masternode.	+	Now it is time for the Holders of DFI to make the network more stable, let decentralization grow and participate in the network with operate an own Masternode.

	=== HowTo to run a Masternode ===		=== HowTo to run a Masternode ===

← Older revision		Revision as of 14:14, 11 March 2021
Line 78:		Line 78:

	* VPS needed in a datacenter and some knowledge to handle and update it.		* VPS needed in a datacenter and some knowledge to handle and update it.
		+
		+	== Masternode Issues ==
		+
		+	=== I have found a block, but the rewards are not apparent ===
		+
		+
		+	Problem:
		+
		+	I set up a masternode in the testnet and after a few hours I already found 2 blocks. But the rewards are not displayed in the wallet.
		+	[[File:Bildschirmfoto 2021-03-11 um 12.59.10.png\|center\|900x900px]]
		+
		+
		+	Mining Rewards are displayed correctly in the Explorer.
		+	[[File:Bildschirmfoto 2021-03-11 um 13.02.19.png\|center\|900x900px]]
		+	[[File:Bildschirmfoto 2021-03-11 um 13.04.39.png\|center\|900x900px]]
		+
		+
		+	The balance in the Wallet is smaller than the distributed rewards.
		+	[[File:Bildschirmfoto 2021-03-11 um 13.09.13.png\|center\|600x600px]]
		+
		+
		+
		+	Solution:
		+
		+	DFI Rewards are only released after a certain block time has elapsed. To see the coins that have not been released yet, you need to enter the following code in the console: <code>getbalances</code>
		+	[[File:Photo 2021-03-11 14-55-26.jpg\|center\|thumb\|780x780px]]
		+
		+
		+	After the expiration of the blocking period, the coins will be displayed correctly in the wallet.

← Older revision		Revision as of 18:54, 10 March 2021
Line 1:		Line 1:
−	~~'''''UNDER CONSTRUCTION'''''~~
−
−
	== Defichain Masternode ==		== Defichain Masternode ==

← Older revision		Revision as of 22:05, 26 February 2021
Line 37:		Line 37:
	* When you open the Port, you present your wallet.dat to the public internet, maybe A possible target for attackers.		* When you open the Port, you present your wallet.dat to the public internet, maybe A possible target for attackers.

−	<small>[1] You ~~must~~ '''NOT''' open the Port to participate in staking, but without this open port, you don't help to stabilize the Network and no one can use your node for synchronization or other implemented features</small>	+	<small>[1] You do '''NOT''' have to open the Port to participate in staking, but without this open port, you don't help to stabilize the Network and no one can use your node for synchronization or other implemented features</small>

← Older revision		Revision as of 20:21, 26 February 2021
Line 37:		Line 37:
	* When you open the Port, you present your wallet.dat to the public internet, maybe A possible target for attackers.		* When you open the Port, you present your wallet.dat to the public internet, maybe A possible target for attackers.

−	<small>[1] You must '''~~not~~''' open the Port to participate in staking, but without this open port, you don't help to stabilize the Network and no one can use your node for synchronization or other implemented features</small>	+	<small>[1] You must '''NOT''' open the Port to participate in staking, but without this open port, you don't help to stabilize the Network and no one can use your node for synchronization or other implemented features</small>