Setting Up a PVC Crypto Masternode – On a Linux System

by | Nov 21, 2024 | Blockchain, Cryptocurrency News | 0 comments

Setting Up a PVC Crypto Masternode

What are Masternodes?

Masternodes are masternodes backed by collateral held in PVCC, and are designed to provide advanced services and governance on the blockchain. PVCC has been associated with the concept of masternodes ever since the invention of this novel concept soon after the project started in 2023.

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BUILD LINUX

Compiling PVCC “SatoshiCore” daemon on Ubuntu 22.04 LTS (Jammy Jellyfish)

Step 1: Compiling PVCC "SatoshiCore" daemon on Ubuntu 22.04 LTS (Jammy Jellyfish)

Become poweruser

sudo -i

 

 

CREATE SWAP FILE FOR DAEMON BUILD (if system has less than 2GB of RAM)

cd ~; sudo fallocate -l 3G /swapfile; ls -lh /swapfile; sudo chmod 600 /swapfile; ls -lh /swapfile; sudo mkswap /swapfile; sudo swapon /swapfile; sudo swapon --show; sudo cp /etc/fstab /etc/fstab.bak; echo '/swapfile none swap sw 0 0' | sudo tee -a /etc/fstab

Dependencies install

cd ~; sudo apt-get install -y ntp git build-essential libssl-dev libdb-dev libdb++-dev libboost-all-dev libqrencode-dev libcurl4-openssl-dev curl libzip-dev; apt-get update -y; apt-get install -y git make automake build-essential libboost-all-dev; apt-get install -y yasm binutils libcurl4-openssl-dev openssl libssl-dev; sudo apt-get install -y libgmp-dev; sudo apt-get install -y libtool;

Dependencies build and link

cd ~; wget http://download.oracle.com/berkeley-db/db-6.2.32.NC.tar.gz; tar zxf db-6.2.32.NC.tar.gz; cd db-6.2.32.NC/build_unix; ../dist/configure --enable-cxx --disable-shared; make; sudo make install; sudo ln -s /usr/local/BerkeleyDB.6.2/lib/libdb-6.2.so /usr/lib/libdb-6.2.so; sudo ln -s /usr/local/BerkeleyDB.6.2/lib/libdb_cxx-6.2.so /usr/lib/libdb_cxx-6.2.so; export BDB_INCLUDE_PATH="/usr/local/BerkeleyDB.6.2/include"; export BDB_LIB_PATH="/usr/local/BerkeleyDB.6.2/lib"

GitHub pull (Source Download)

cd ~; git clone https://github.com/PVC-crypto/PVCC

Build PVCC daemon

cd ~; cd ~/PVCC/src; chmod a+x obj; chmod a+x leveldb/build_detect_platform; chmod a+x secp256k1; chmod a+x leveldb; chmod a+x ~/PVCC/src; chmod a+x ~/PVCC; make -f makefile.unix USE_UPNP=-; cd ~; cp -r ~/PVCC/src/PVCCd /usr/local/bin/PVCCd;

Create config file (for daemon, DO NOT USE FOR QT)

cd ~; sudo ufw allow 23003/tcp; sudo ufw allow 23004/tcp; sudo ufw allow 22/tcp; sudo mkdir ~/.PVCC; cat << "CONFIG" >> ~/.PVCC/PVCC.conflisten=1server=1daemon=1deminodes=1demimaxdepth=200testnet=0rpcuser=PVCCrpcuserrpcpassword=SomeCrazyVeryVerySecurePasswordHererpcport=23004port=23003rpcconnect=127.0.0.1rpcallowip=127.0.0.1addnode=45.56.105.176:23003addnode=162.0.216.75:23003addnode=162.0.236.77:23003CONFIGchmod 700 ~/.PVCC/PVCC.conf; chmod 700 ~/.PVCC; ls -la ~/.PVCC

Run PVCC daemon

cd ~; PVCCd; PVCCd getinfo

Step 2: Create a Master Node Address and Fund It
  1. Create a new address by typing PVCCd getnewaddress on your PVCC Daemon
  2. Send 500,000 PVCC to your new address
  3. Once confirmed in the block explorer you can start with step 3
Step 3: Create a Master Node Key and TxHash

PVCCd masternode genkey – copy your private key

PVCCd masternode outputs – Copy txhash and output index

 

Step 4: Update PVCC.conf and Create Masternode.conf

Go to root directory and type cd .PVCC

Open PVCC.conf add this

masternode=1

externalip=youripaddress:23003
masternodeprivkey=yourmasternodeprivatekey

save and exit

nano masternode.conf

(NameofMasternode) (yourip):23003 (yourmasternodeprivkey)
(txhash) (outputtext)

 

Step 5: Restart and Run Masternode

Restart daemon

PVCCd masternode start

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