Masternode service - Revision history

Stonygan: /* Setting up your APP wallet */

2021-09-10T20:18:51Z

Setting up your APP wallet

Stonygan: /* Setting up your APP wallet */

2021-04-26T09:24:41Z

Setting up your APP wallet

Stonygan: /* Create a Masternode with a local APP wallet and a Masternode from a Service Provider: */

2021-04-26T09:22:34Z

Create a Masternode with a local APP wallet and a Masternode from a Service Provider:

Stonygan: /* Setting up your APP wallet */

2021-04-26T09:07:58Z

Setting up your APP wallet

Stonygan: /* Benefits to use a Service-Provider */

2021-04-02T09:52:28Z

Benefits to use a Service-Provider

Stonygan at 17:15, 1 April 2021

2021-04-01T17:15:43Z

Stonygan: /* For this setup you need: */

2021-04-01T17:15:09Z

For this setup you need:

Stonygan at 17:14, 1 April 2021

2021-04-01T17:14:51Z

Stonygan at 17:14, 1 April 2021

2021-04-01T17:14:37Z

Stonygan: /* HowTo monitor your Masternode */

2021-04-01T17:07:15Z

HowTo monitor your Masternode

@@ Line 18: / Line 18: @@
 Now you need the Operatoraddress from your Service-Provider. Switch to the command line (CLI) in the DeFi Wallet and enter:
 <code>createmasternode OWNER_ADDRESS OPERATOR_ADDRESS</code>.
 Replace the addresses again, of course: Owner is the One of the local wallet with 20.000 DFI, Operator is the One provided by your Service-Provider.
@@ Line 49: / Line 59: @@
 * [https://mydeficha.in/ mydeficha.in]

← Older revision		Revision as of 09:24, 26 April 2021
Line 16:		Line 16:

	Enter a freely selectable name as the label, e.g. "Masternode1". Alternatively, you can also create the legacy address in the GUI. To do this, go to your DFI wallet, select "Receive" and + New address. Don't forget to select the address type Legacy under the advanced options. The newly created address will then start with an ''8''. Please make a note of this as the ''"Owner Address"''.		Enter a freely selectable name as the label, e.g. "Masternode1". Alternatively, you can also create the legacy address in the GUI. To do this, go to your DFI wallet, select "Receive" and + New address. Don't forget to select the address type Legacy under the advanced options. The newly created address will then start with an ''8''. Please make a note of this as the ''"Owner Address"''.
		+
		+	Now you need the Operatoraddress from your Service-Provider. Switch to the command line (CLI) in the DeFi Wallet and enter:

	<code>createmasternode OWNER_ADDRESS OPERATOR_ADDRESS</code>.		<code>createmasternode OWNER_ADDRESS OPERATOR_ADDRESS</code>.

@@ Line 1: / Line 1: @@
 ==Create a Masternode with a local APP wallet and a Masternode from a Service Provider:==
-<small>01 April 2021</small>.
+<small>26 April 2021</small>.
 === For this setup you need ===

@@ Line 17: / Line 17: @@
 Enter a freely selectable name as the label, e.g. "Masternode1". Alternatively, you can also create the legacy address in the GUI. To do this, go to your DFI wallet, select "Receive" and + New address. Don't forget to select the address type Legacy under the advanced options. The newly created address will then start with an ''8''. Please make a note of this as the ''"Owner Address"''.
-Send your 20,000 DFI to this newly created address in your wallet.
+<code>createmasternode OWNER_ADDRESS OPERATOR_ADDRESS</code>.
-Depending on the operating system, we will find the defi.conf in a different place, which we also have to adjust.
+Replace the addresses again, of course: Owner is the One of the local wallet with 20.000 DFI, Operator is the One provided by your Service-Provider.
-<code>masternode_owner=OWNER_ADDRESS</code>.
+And watch out and don't get scared, if the Masternode was created with the command above, a few blocks later you will see an outgoing and incoming transaction with 20000 DFI on your owner address, but these 20000 DFI are no longer visible in the wallet.
-Replace the word OWNER_ADDRESS with your created legacy address that holds the 20,000 DFI. And now the creation, which will cost us 10 DFI. Don't worry, with the first reward, those 10 DFI will be back in many times over ;-)
+To check your balance and see the locked 20.000 DFI in the wallet, use the command:
-And watch out and don't get scared, if the Masternode was created with the command above, a few blocks later you will see an outgoing and incoming transaction with 20000 DFI on your owner address, but these 20000 DFI are no longer visible in the wallet, as they are now locked and will only come back into your wallet when you resign the Masternode.
+<code>listaddressgroupings</code>
 Done, congratulations, you've made it.

@@ Line 54: / Line 54: @@
 === Benefits to use a Service-Provider ===
-With a Service-Provider which offer a Operatornode for you, you own your Keys and dont send your Coins to another Institution. Yu dont need to setup a VPS, update  the Node or monitor if the Node is working. You only have to hold your Collateral in your own Wallet, create the Masternode with the Infos from the Provider and receive the Rewards directly to your Wallet.
+With a Service-Provider which offer a Operatornode for you, you own your Keys and dont send your Coins to another Institution. You dont need to setup a VPS, update  the Node or monitor if the Node is working. You only have to hold your Collateral in your own Wallet, create the Masternode with the Infos from the Provider and receive the Rewards directly to your Wallet.
 === List of Service-Providers ===
 * [https://mydeficha.in/ mydeficha.in]

@@ Line 41: / Line 41: @@
 Done, congratulations, you've made it.
-==== Check status ====
+=== Check status ===
 Wait a maximum of 5 minutes and check at [http://mydeficha.in/masternodes.php mydeficha.in/masternodes.php] if your addresses show up there. After a while the status should go from Pre-Enabled to Enabled, then you have done everything right.
-==== HowTo monitor your Masternode ====
+=== HowTo monitor your Masternode ===
 Please contact your Service-Provider about the Status. '''DO NOT USE YOUR LOCAL APP WALLET TO ENABLE OR TRY TO MANAGE YOUR MASTERNODE IN THE GUI, UNLESS YOU WANT TO RESIGN IT.'''
@@ Line 52: / Line 52: @@
-==== Benefits to use a Service-Provider ====
+=== Benefits to use a Service-Provider ===
 With a Service-Provider which offer a Operatornode for you, you own your Keys and dont send your Coins to another Institution. Yu dont need to setup a VPS, update  the Node or monitor if the Node is working. You only have to hold your Collateral in your own Wallet, create the Masternode with the Infos from the Provider and receive the Rewards directly to your Wallet.
-==== List of Service-Providers ====
+=== List of Service-Providers ===
 * [https://mydeficha.in/ mydeficha.in]

@@ Line 2: / Line 2: @@
 <small>01 April 2021</small>.
-=== For this setup you need: ===
+=== For this setup you need ===
 *20,011 DFI (20,000 as collateral, 10 DFI for creating the masternode and 1 DFI for applicable fees).

← Older revision		Revision as of 17:07, 1 April 2021
Line 50:		Line 50:
	Please contact your Service-Provider about the Status. '''DO NOT USE YOUR LOCAL APP WALLET TO ENABLE OR TRY TO MANAGE YOUR MASTERNODE IN THE GUI, UNLESS YOU WANT TO RESIGN IT.'''		Please contact your Service-Provider about the Status. '''DO NOT USE YOUR LOCAL APP WALLET TO ENABLE OR TRY TO MANAGE YOUR MASTERNODE IN THE GUI, UNLESS YOU WANT TO RESIGN IT.'''

−	To monitor your Rewards, you can use the DFI-Explorer and search for your Owner-Address.	+	To monitor your Rewards, you can use the [https://chainz.cryptoid.info/dfi/ DFI-Explorer] and search for your Owner-Address.